Pretiming: Daily PTON stock forecast

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Showing posts with label Daily PTON stock forecast. Show all posts
Showing posts with label Daily PTON stock forecast. Show all posts

PTON. Peloton Interactive, Inc. (PTON) stock for the next 10-Day forecast and technical analysis.

PTON Stock 10-Day forecast and technical analysis by pretiming.

Closed price

Jun 02, 2023

8.37

8.28%

Appropriate Investment Position: Buy and Hold

Today's stock price Buy-Sell strength analysis

The current trend appears to be 'Entering a correction trend'. The OPEN-price started with a stronger upward rate than the current trend and The HIGH and LOW prices are showing a stronger HIGH-price and a weaker LOW-price Finally, the CLOSE-price closed with a stronger upward rate than the current trend.

The overall buy-and-sell strength indicates that the buy strength is stronger than the sell.

Assuming that the average buy strength is 100%,

Today's buy strength is

219%

 

 

Tomorrow's stock price Buy-Sell strength Forecast

Based on recent stock trends and technical analysis, it looks like PTON stock will enter an Correction trend tomorrow

The %strength of Risk & Return tomorrow :

-43%

HIGH ~ LOW % range tomorrow :

1.2%

-5.1%

Predicted Average loss over the next 3 days:

-6.6%

The price of PTON stock moves in line with the rise and fall of the stock market index with a probability of

74%

 

, and conversely, it moves against the stock market index trend with a probability of

26%

 

because of the high similarity, the predicted flow might change depending on the flow of the stock market index. If any changes are made, the stock flow of the 10-day forecast may also change.

PTON stock price 10 Day forecast

It is expected that the overall trend movement over the next 10 days will follow a strong upward direction, with a ratio of 4 : 6 for the downward to upward direction, indicating a higher proportion of the upward trend. And, in terms of the expected strength of the upward and downward movements, the upward strength is higher, while the downward strength is moderate. Currently, it's about to begin a correction trend as an upward trend gradually gives way to a slowdown in rises and falling fluctuations. and It's maintaining a suitable Buy-Sell strength for the current trend conditions.

Indicating that We are currently in a bullish zone. Therefore, it is recommended to implement a strategy to increase profits and take a suitable investing position. A suitable investing position is 'Buy(Bullish) and Hold' for now. The appropriate buying timing is predicted to be in 2 days.

The buying date is

Jun 05

to

Jun 06

A good price to buy a stock:

$ 7.89

And the appropriate selling timing is predicted to be in 5 days.

 

The selling date is

Jun 08

to

Jun 09

A good price to sell a stock:

$ 8.96

(Forecast may change due to changes in the Buy-Sell strength)

Volatility of forecast

Due to maintaining a proper flow of Buy-Sell strength that is suitable for the current trend, pretiming forecasting may have low volatility.

Predicting the turning point of the trend

The probability of a trend reversal occurring approximately 3 days from now, 5 days from now, 9 days from now

56%

Forecast of Upper~Lower price range over the next 10 days

Price:

8.02

~

9.08

% Change:

-4.2%

~

8.5%

Median price between the upper and lower prices

8.55

2.2%

Analysis of the trend zone & level% and average strength of trends

For the last 30 days, the average trend zone & level%

Bearish

-25%

The Current trend zone & level%

Bullish

18%

The expected average trend zone & level% for the next 10 days

Bullish

47%

If the trend moves upward from the current trend level%, it's expected to have an average upward strength of

70%

(Max 100%)

And if it moves downward, it is expected to have a downward strength of

-41%

(Min -100%)

Forecasting the strength of the trend and the range of the HIGH ~ LOW

Trend

Strength%

HIGH

LOW

In 1 day: Entering a correction trend

-43%

1.2%

-5.1%

In 2 days: Entering a correction trend

-47%

0.2%

-4.9%

In 3 days: Reversion to an uptrend

9%

3.1%

-1.2%

In 4 days: Uptrend

91%

9.3%

0.5%

In 5 days: Entering a correction trend

78%

4.6%

-1.1%

In 6 days: Correction trend

-27%

0.9%

-2.5%

In 7 days: Correction trend

-46%

0.3%

-4.7%

In 8 days: Entering an uptrend

-43%

0.0%

-3.1%

In 9 days: Entering an uptrend

100%

7.8%

1.0%

In 10 days: Uptrend

74%

4.3%

-1.0%

Average closing price in case of rising:

 

4.7%

=> HIGH ~ LOW range:

6.2%

~

-2.1%

Average closing price in case of falling:

 

-2.8%

=> HIGH ~ LOW range:

1.5%

~

-5.1%

Stock forecast is based on the buy-sell strength analysis of pretiming. Get detailed information including best stocks to buy, stock price target and investment strategy, Bearish & Bullish stock trend analysis, stock technical analysis.