The buy signal tries to regain momentum
Peloton climbs 5.1% and pushes back toward its 7-day high
The buy signal tries to regain momentum
Our view last week
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%.
This week's summary
Peloton shares close the week up 5.1%, a sharp turn from last week's -0.7%, with price pushing back toward the 6.73 area, the stock's 7-day high. Under the surface, though, volume stays contracted and money flow has softened: the buying push isn't yet at full strength. The trade, open for 17 weeks, is running at +39.5%.
IQS Phase
54
ordinary
Signal Strength
74
high · wide & volatile
Sizing
FULL
Ranking
#18 / 120
US stocks in progress
Trade P&L %
+39.52%
from signal to date, no stop loss
Rank position
ranks 18th among the 120 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 regimein positive regime
Performanceweekly +6.11% · monthly -1.69%
PTON belongs to the consumer discretionary sector (reference ETF XLY). The sector is classified in positive regime according to our weekly reading.
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