Peloton: sell volume hits 84%, but the picture holds
Peloton dips 0.7% as sell volume jumps to 84%, yet RSI and MACD hold steady
Peloton: sell volume hits 84%, but the picture holds
Our view last week
Peloton shares close the week up 4.4%, with the weekly RSI at 56.3, climbing for a fourth straight week. But the tape tells a different story: sellers edge back into control on the last bar, and sell volume rises to 55%. The double bottom in the 5.4 area remains the technical anchor of this phase, with a 13% intermediate rebound. The trade, open for 15 weeks, is running at +33.6%.
This week's summary
Peloton shares close the week down 0.7%, but the tape says more than the price does: sell volume jumps to 84%, while the weekly RSI and MACD keep improving over the past 4 weeks. The double bottom in the 5.4 area remains the technical anchor of this phase. The trade, open for 16 weeks, is running at +32.8%.
IQS Phase
44
ordinary
Signal Strength
74
high · wide & volatile
Sizing
FULL
Ranking
#25 / 124
US stocks in progress
Trade P&L %
+32.75%
from signal to today
Rank position
ranks 25th among the 124 Longs already running for US stocks in our ranking, with a signal strength of 74 out of 100.
Sector context
SectorConsumer Discretionary
Benchmark ETFXLY
Sector regimeweak phase
Performanceweekly -5.22% · monthly -4.92%
PTON belongs to the consumer discretionary sector (reference ETF XLY). The sector is classified weak phase according to our weekly reading.
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