To predict the stock price of Peloton Interactive (PTON) for the next trading week, we analyze both technical indicators and recent news sentiment.
Peloton's stock price is currently trading at $6.96 as of March 21, 2025. The stock has shown volatility, with a day range of $6.28 to $7.03. The Relative Strength Index (RSI) is at 60.84, indicating a neutral position, neither overbought nor oversold. The MACD is slightly bearish, with a value of -0.45, suggesting some downward momentum.
The stock is currently testing the Fibonacci pivot level of $6.33, with resistance at $7.28 and support at $5.74. The Fibonacci levels suggest that the stock may consolidate in the short term.
Recent upgrades by Canaccord to a Buy rating with a $10 price target suggest improving sentiment. However, insider sales, including the Chief Product Officer selling 68,727 shares, may indicate some internal concerns.
Based on the technical indicators and news sentiment, the stock is expected to trade in a range of $6.40 to $7.20 next week. The Fibonacci support level at $6.33 and resistance at $7.28 will be key levels to watch.
Given the current technical setup and improving fundamentals, we recommend a buy if the stock tests the Fibonacci support level of $6.33. The target price for the next trading week is $7.00, with a stop-loss at $6.20.
The price of PTON is predicted to go up -6.95%, based on the high correlation periods with MED. The similarity of these two price pattern on the periods is 97.97%.
PTON
MED
Year
PTON Price Forecast($)
Potential Return(%)
2025
10.500
18.510
2026
12.000
59.360
2027
10.850
44.090
2028
15.000
99.200
2029
12.780
69.720
2030
15.000
99.200
Canaccord Genuity
2025-03-14
Price Target
$10
Upside
+41.84%
Citigroup
2025-02-10
Price Target
$11 → $10
Upside
+16.82%
UBS
2024-12-06
Price Target
$2.5 → $10
Downside
-0.1%