Best Free Stock ScreenerIn todays video I show you guys how I screen for stocks with a bullish swing trade timeframe. Hope you enjoyedEducation05:37by MindOverMarket115
PTON potentials for future investmentIn my experience, a stock trader should have a watchlist that is set up in weekly timeframe and so he/she has enough time to monitor them and get the concept of movements and its investors and many many other aspects till the due time that want to enter a position. I never trader in zoomed in views and trapped in small timeframes unless I had counted from upper degrees. Another point I consider about a security or instrument to put it in my watch list is the consistency, harmony and gaps of it that shows my the manner and psychology of its investors and traders. (There are enough instrument in the market that you can ignore ugly ones). So as a good sample you can put PTON in your watch list. As it is beautifully obvious it has been finishing a long time declined impulse wave in that shape of Expanding Diagonal and I will monitor it for its future movements and in the due time will get in it. Thanks by AMA_FXUpdated 8
Peloton Interactive, Inc.Overview: Peloton Interactive has recently undergone significant volatility and bearish trends, as evidenced by a substantial decline in its share price. The company's stock has faced a dramatic downturn, marked by a recent price of $2.91, which reflects a sharp decline of 9.63% on the day. This movement is part of a broader bearish trend highlighted by a series of declining peaks and troughs on the daily chart. Price Action and Volume: The stock has consistently posted lower highs and lower lows, which is indicative of a strong downtrend. The recent price action has broken below the support level at $3.20, suggesting further downside potential. Volume has spiked on down days, confirming the bearish sentiment among investors. High volume associated with price declines is a bearish indicator, reflecting strong selling pressure. Moving Averages: Short-term moving averages (10-day and 20-day) are trending below longer-term moving averages (50-day and 200-day), which signals bearish momentum. The 50-day moving average has acted as a dynamic resistance, pushing the price lower. Relative Strength Index (RSI) and Other Oscillators: The RSI is currently at 33.79, indicating that the stock is approaching oversold territory but not yet there, leaving room for further declines. The MACD is below the signal line and negative, which supports the bearish setup. Other oscillators like the Stochastic RSI and Williams % Range are near oversold levels, suggesting caution for any potential recovery in the short term. Support and Resistance Levels (Pivot Points): Current support (S1) at $2.91, with further downside support found at $2.56 (S2) and $2.00 (S3). Resistance levels are significantly higher with immediate resistance (R1) at $4.02, indicating a considerable gap that needs to be covered for any bullish reversal. Ichimoku Cloud and Fibonacci Levels: The price is currently well below the Ichimoku cloud, which is an indication of a bearish trend. Fibonacci retracement levels from the recent high to low indicate critical resistance near the $3.46 (23.6% retracement) and $3.98 (38.2% retracement) levels. Price Prediction and Trading Strategy: Given the strong bearish indicators, a speculative price target over the next quarter could see Peloton potentially testing the $2.00 mark, corresponding with the classic pivot S3 level. Investors should consider short positions at current levels with a stop loss slightly above the first resistance at $3.46 to limit potential losses from unexpected bullish reversals. For those looking for long opportunities, it would be prudent to wait for a confirmed break above the $3.46 resistance level with high volume, suggesting a potential shift in sentiment and momentum. A protective stop loss should be considered below $3.20 in this scenario, aligning with recent support turned resistance levels. Conclusion: Peloton's stock demonstrates a clear bearish trend with significant downside risks. Investors and traders should monitor volume and price action closely for signs of stabilization or reversal, but the current setup favors short strategies with careful risk management. The outlined levels provide a framework for potential entry and exit points to optimize trade setups amid ongoing volatility.by AxiomEx331
Peloton CEO McCarthy Steps Down, Company Set to Cut 15% JobsPeloton Interactive Inc. ( NASDAQ:PTON ) has announced the departure of Chief Executive Officer Barry McCarthy, amidst plans to streamline operations by slashing approximately 15% of its global workforce. The company's stock surged by approximately 9% in early trading following the announcement, reflecting investor optimism in the wake of the restructuring efforts. McCarthy, a seasoned executive with notable stints at Spotify Technology SA and Netflix Inc., has spent the past two years at the helm of Peloton ( NASDAQ:PTON ), spearheading a comprehensive overhaul aimed at reinvigorating the company's growth trajectory. Despite his efforts, Peloton has faced challenges in scaling its business amidst intensifying competition and shifting consumer preferences. The New York-based fitness equipment maker, once hailed as a pandemic darling, has witnessed a dramatic reversal of fortunes in recent years, with its stock plummeting by over 90% from its peak valuation. However, amidst the turbulence, Peloton ( NASDAQ:PTON ) remains steadfast in its commitment to innovation and adaptation. The restructuring program unveiled by Peloton ( NASDAQ:PTON ) aims to achieve annual expense reductions exceeding $200 million, as the company seeks to realign its cost structure with its current business size. This includes a strategic reassessment of its retail showroom footprint and the elimination of approximately 400 jobs. Moreover, Peloton is actively engaged in refinancing discussions with leading financial institutions, underscoring its commitment to strengthening its financial position. In addition to the organizational restructuring, Peloton ( NASDAQ:PTON ) is refining its product offerings and market approach to better resonate with evolving consumer needs. The company's partnership with Hyatt Hotels Corp. to introduce Peloton bikes in hotel facilities highlights the companies commitment to expanding its customer base and driving sales growth. Despite the headwinds, Peloton ( NASDAQ:PTON ) remains optimistic about its prospects. The company has narrowed its revenue guidance for the fiscal year, reflecting a pragmatic assessment of current market dynamics. Moreover, Peloton is doubling down on its international expansion efforts, adopting a targeted and efficient approach to penetrate new markets while leveraging its global capabilities. Technical Outlook Peloton ( NASDAQ:PTON ) stock closed Wednesday's trading on a clean slate up 3.54% gains with a Relative Strength Index (RSI) of 40.55. However, traders ought to be cautious NASDAQ:PTON stock is trading below the 200, 100 and 50-day Moving Averages (MA) respectively.Longby DEXWireNews2
$PTON has a huge potential and ready to growingNASDAQ:PTON $PTON shows a turning trend and take a mass to start growing in more agressive way. My expectation is a good profit in a middle term. $PTON::$10.47::$39::370%::Autumn 2023 Does not constitute a recommendation. #investing #stocks #idea #forecast #furoreggs Longby furoreggsUpdated 448
$PTON Pelton to $5.55 or higherPELTON currently has an opportunity to full the gap at 5.55. It would be wise to consider purchasing now for short-term gains. The stock recently rebounded from a support level of $4 after the earning and it entered UPTREND as Momentum indicator ascends above 0 level on February 15, 2024. Moving Higher for three days straight can be view as a bullish sign. Thank you Longby sej4974Updated 4
$ptonVolume picking up. Bad news all out. Earnings on 8th Nov, 23. Watch for 6.75 TP this is not a suggestion to buy or sell. Keep your stop losses in place. There are NO Failures - there are only Results.. Longby wiseinvertor1288Updated 2
Peloton Faces Uphill Battle as Sales Decline PersistsPeloton Interactive Inc., ( NASDAQ:PTON ) finds itself grappling with yet another setback as the fitness technology company anticipates a sales decline in the current quarter, contrary to Wall Street expectations. Despite efforts to revive its fortunes after a pandemic-induced slump, Peloton's ( NASDAQ:PTON ) comeback initiatives have fallen short, leading to a 15% drop in its shares. The company's struggles highlight the persistent challenges it faces in reigniting growth after the stay-at-home orders boost during the early days of the Covid-19 pandemic. A Disappointing Outlook: Peloton's ( NASDAQ:PTON ) projected revenue of $700 million to $725 million for the fiscal third quarter falls well below the $755.6 million expected by analysts. This forecast signals a decline from the year-earlier period's $749 million, underscoring the company's difficulty in bouncing back. CEO Barry McCarthy acknowledges the hurdles, stating, "We continue to explore ways to ignite growth across multiple vectors. Several of these new initiatives have performed strongly. Some have not." Failed Initiatives and Market Withdrawal: One notable setback for Peloton ( NASDAQ:PTON ) is the high-profile push into the college market, initiated through a partnership with the University of Michigan. McCarthy reveals that this effort failed to generate sufficient sales and will be phased out. The company had hoped to capitalize on selling fitness equipment to colleges, alumni, and boosters but faced a significant flop. McCarthy concedes, "What seemed like a good idea didn’t deliver. So instead of launching additional co-branded bikes in school colors, we will end-of-life this hardware initiative." Subscriber Decline and Revenue Challenges: Peloton ( NASDAQ:PTON ) expects paid app subscriptions to decrease by about 13% in the current quarter, with paid subscribers to the app declining by 16% to 718,000. The company's struggle to grow "at scale" remains a significant challenge, and McCarthy suggests that revenue won't show signs of improvement until the fourth quarter. Peloton ( NASDAQ:PTON ) has been contending with declining revenue for two years, emphasizing the prolonged impact of the post-pandemic slump. Free Cash Flow and Customer Service Concerns: One crucial aspect of McCarthy's turnaround strategy is achieving positive free cash flow, which now appears unlikely in fiscal 2024. Although there is optimism about reaching the threshold in the fourth quarter, Peloton ( NASDAQ:PTON ) faces headwinds in meeting this key goal. McCarthy also addresses quality problems in customer service, admitting that these issues have "tarnished" the Peloton brand. The company is currently undergoing a "reboot" in its customer service division, promising new management, systems, and third-party vendors to enhance member experience. Positive Indicators Amid Challenges: Despite the challenges, McCarthy highlights positive aspects of the business, including a 72% increase in sales through retailers like Dick’s Sporting Goods Inc. and Amazon.com Inc. during the holidays. The bike rental program is expected to see 100% growth in fiscal 2024, and the relaunch of the high-end treadmill, following a product recall three years ago, experienced "significantly stronger" demand than anticipated. Conclusion: Peloton's ( NASDAQ:PTON ) recent struggles underscore the uphill battle the company faces in returning to growth amid a persisting sales decline. CEO Barry McCarthy's candid acknowledgment of challenges, failed initiatives, and the commitment to a turnaround strategy reveals the complexity of the company's current situation. As Peloton ( NASDAQ:PTON ) navigates through this turbulent period, its ability to address customer service concerns, adapt to market demands, and successfully implement growth initiatives will play a crucial role in shaping its future trajectory.Shortby DEXWireNews2
PTON Peloton Interactive Options Ahead of EarningsAnalyzing the options chain and the chart patterns of PTON Peloton Interactive prior to the earnings report this week, I would consider purchasing the 8usd strike price Calls with an expiration date of 2025-1-17, for a premium of approximately $1.45. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. PTON might be a buyout this year. From one of these giants: AAPL, AMZN or NKE! Longby TopgOptions2
$PTON Quick ScalpHead and shoulders pattern for a quick scalp keep your risk low, with volume this could potentially get up to recent high very quickly from yesterday with a retest it could continue up if you hold DYOW and risk levelsLongby TradesbySK0
PTON range breakout-Range breakout - High probability of good gains EP: 8.85 SL: 4.95 TP1: 6.21Longby TradeWithParas1
From TikTok Partnership to Fitness-as-a-Service Triumph Peloton Interactive Inc. (NASDAQ: NASDAQ:PTON ) has embarked on a series of strategic initiatives to revitalize its subscriber base and global brand presence. From a groundbreaking partnership with TikTok to the innovative fitness-as-a-service (FaaS) model, Peloton is making waves in the fitness industry. This article explores the recent developments that have contributed to Peloton's impressive stock surge and analyzes the potential for sustained growth. TikTok Partnership: A Social Fitness Revolution In a bold move, Peloton has joined forces with TikTok to tap into the immense popularity of the short-form mobile video platform. The introduction of #TikTokFitness marks Peloton's foray into customized social content, including live classes, class clips, and celebrity collaborations. This strategic alliance not only enhances Peloton's global brand awareness but also positions the company to leverage TikTok's influence on culture and consumer behavior. The market responded positively to the news, with Peloton shares jumping 9.6% to $6.72 but plummeted 7.4% in todays trading session, reaching their highest close since August 2023. This collaboration signifies Peloton's willingness to explore new avenues for growth and engage with potential customers beyond its traditional channels. Fitness-as-a-Service Model: Driving Subscribers and Revenue Peloton's innovative fitness-as-a-service (FaaS) model has become a key driver of its recent stock surge. The introduction of a bike rental subscription program has resonated well with consumers, offering an affordable alternative to purchasing expensive fitness equipment. A recent company survey revealed that 60% of subscribers joined Peloton due to the flexibility of the rental program. Management forecasts a staggering 90% growth in its bike rental subscription business this year, showcasing the model's traction among consumers. This shift in approach not only attracts new subscribers but also establishes a recurring revenue stream for Peloton, contributing to the company's positive outlook for the second half of the fiscal year. Strategic Collaborations: Strengthening Partnerships for Growth Peloton's partnerships extend beyond TikTok, with collaborations that include major sports teams, universities, and renowned apparel companies. In fiscal Q1 alone, Peloton teamed up with the NBA, WNBA, Liverpool Football Club, the University of Michigan, and the New York Road Runners club. Additionally, a strategic deal was inked with lululemon, emphasizing Peloton's commitment to diversifying its partnerships for improved brand awareness and financial performance. Institutional Support: Confidence in Peloton's Future Large institutional investors have demonstrated confidence in Peloton's potential for growth. Notable increases in holdings by entities such as DNB Asset Management AS and Vanguard Group Inc. underscore the belief in Peloton's ability to navigate the competitive fitness landscape successfully. Conclusion: Peloton's recent strategic moves, from the TikTok partnership to the fitness-as-a-service model, have reignited investor confidence and propelled the stock to new heights. As the company continues to diversify its collaborations and capitalize on innovative business models, the future looks promising for Peloton Interactive Inc. Investors and fitness enthusiasts alike will be keenly watching as Peloton reshapes the industry and embraces new opportunities for sustained growth.Longby DEXWireNews2
PTON - will break up ?PTON long term profit ? Descending trendline break out, 150 moving average line break out, a resistance line break out in a high volume. Only an idea and not a recommendation for trading!Longby dovale1972222
A Strategic Partnership with TikTok Sparks a Fitness RevolutionPeloton Reinvents Itself: In a bold move to redefine its image and capture a broader audience, Peloton Interactive has announced a groundbreaking partnership with TikTok to develop fitness content. This collaboration not only signifies Peloton's commitment to innovation but also marks a significant departure from its traditional approach of creating content exclusively within its network. The strategic move has already seen Peloton's stock surge by 14%, showcasing the potential impact of this groundbreaking venture. The Partnership: Peloton and TikTok are set to launch a co-branded hub, offering a unique fusion of Peloton's acclaimed fitness content, including live classes and celebrity collaborations, on the widely popular social media platform. For the first time, Peloton will produce custom social content tailored for use beyond its own ecosystem. This move aligns with Peloton's broader strategy, initiated six months ago, to rebrand itself and diversify its audience through a tiered pricing structure for its app. Financial Impact: The announcement of the Peloton-TikTok partnership has triggered a remarkable 15% jump in Peloton's stock price. While this surge is a positive sign for the company, it's essential to note that Peloton's standing on Wall Street has faced challenges since its peak in 2020 when its shares soared to over $160. However, the recent collaboration could be a game-changer, potentially indicating a strategic shift that investors are responding positively to. Peloton's Evolution: Peloton's journey over the past year has been characterized by a decline in demand for its stationary bikes and treadmills as the initial pandemic-driven fitness craze waned. The company's response to this shift involved a comprehensive rebranding effort and the introduction of a tiered pricing strategy for its app. The collaboration with TikTok appears to be a pivotal part of Peloton's evolving strategy to remain relevant in a changing market landscape. TikTok's Global Influence: With over 1 billion active users globally, TikTok's collaboration with Peloton opens up new horizons for both companies. TikTok's vast and diverse user base, combined with thousands of communities dedicated to fitness activities, provides an ideal platform for Peloton to reach a wider audience. This strategic partnership not only capitalizes on TikTok's immense reach but also leverages the platform's vibrant and engaged communities to enhance Peloton's brand visibility. Technical Analysis: Peloton Interactive has broken through the ceiling of a falling trend channel in the medium long term. This indicates a slower falling rate initially, or the start of a more horizontal development. The stock has given a positive signal from the double bottom formation by a break up through the resistance at 5.48. Further rise to $6.63 or more is signaled. Conclusion: Peloton's partnership with TikTok is a bold and strategic move that signals the company's determination to adapt and thrive in a dynamic market. The positive market response, with a significant surge in stock prices, reflects investor confidence in Peloton's ability to reinvent itself and capture a broader audience through innovative collaborations. As the fitness landscape continues to evolve, Peloton's journey with TikTok may well be the catalyst for a new era in interactive and socially driven fitness experiences.Longby DEXWireNews1
Peloton Holding StrongPTON has been able to hold strong above a key trend-line and now making its move to the upside. Their partnership with tiktok and new payment structures might be what it takes to revive this stock. Longby brendon3x1111
Peloton???Interesting company to look into. The stock price is super low. Technically attractive but not fundamentally. There is potential in Peloton but I do not see a catalyst to push the stock price higher apart from an acquisition or merger. by Candles2545
PTON forming JLo BootyPTON making a nice rounded bottom. Firming up quite nicely no pun intended. IF small caps continue to run, this has plenty of room to fly. 15% short floatLongby SWRLSUpdated 1
$PTON : Technical Analysis vs. FundamentalsNASDAQ:PTON : Technical Analysis vs. Fundamentals Take a look at this chart. Imagine you know nothing about Peloton's recent earnings report. Based solely on the chart, would you buy it now? If you're a technical analyst like me, you might instinctively shout "hell yes!" But now consider the same question after reading through the latest earnings report. Suddenly, a confident "yes" isn't so easy to utter, right? Why? This is because our trading decisions can be influenced by factors beyond what's purely visible on the chart. A bullish pattern suddenly loses its appeal in light of negative earnings news. I've observed this in myself. A casual comment from CNBC talking heads can sway my technical analysis. On the other hand, I've heard of Takashi Kotegawa, a Japanese trader who disregards fundamentals entirely, focusing solely on technical analysis. Some might call that insane. But is it? What is technical analysis, exactly? For me, it's about understanding the collective mindset of market participants. The chart reflects their decisions, their fears, and their hopes. By analyzing it, we can try to anticipate their next move, ultimately guessing the future price action. Enough philosophy, let's get back to $PTON. The chart suggests a potential reversal. We see a base forming at the end of the downtrend channel, accompanied by a cup-and-handle pattern. (Yes, textbooks typically label cup-and-handles as continuation patterns. But be surprised how often they've served as reversal patterns during bottoms this year alone.) Furthermore, MACD, RSI, and A/D indicators all trend upwards, hinting at further price gains. The neckline around $6-$7 provides a clear resistance. Therefore, if the price breaks above $7, we can expect further upside potential. Upside targets: $7 $8.65 - $9 $10 $12 Downside risk: $5Longby PaperBozz2
PTON Room to runPTON has room to run to the next level of resistance and overhead supply at ~6.75. 50 day SMA is curling up nicely with increased volume in recent days. Longby ChartEnvyUpdated 223
PTON - Shift In Momentum In Action ↗️Hello TradingView Family / Fellow Traders, 📈 NASDAQ:PTON has been overall bearish trading within the falling channel in red. PTON is currently retesting the upper bound of the channel and a strong resistance zone highlighted in green. 🏹 For the bulls to assume control and shift the momentum from bearish to bullish, we need a daily candle close above the 7.5 resistance. Meanwhile, PTON would be bearish and can still trade lower. 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Richard Nasrby TheSignalyst9
$PTON - Looking betterTrade idea: NASDAQ:PTON Peloton is looking better now. The MACD, RSI, and accumulation/distribution are all trending up. If it can close above $6.50, there is further room to run. Upside Targets: $6.50 (resistance) $8 $10 Downside Risk: $5Longby PaperBozz113
PTON Accumulation???NASDAQ:PTON has not faired well post-pandemic; many bulls harmed. And lets be honest... is riding a stationary bike in you guest bedroom really the best form of exercise anyway... I digress. Could Mr. CO be accumulating PTON now to pump it to the pearly gates? Keep your eyes peeled and your phone nearby. You never know when Bogdanoff might call. Longby thomaszkry111
from bye to buy Buy and sit on your hands. if you don’t get in now, don’t get in later. The lower it goes the more I’m buying. Longby ostheimerdevelopment0