Where Will Peloton Interactive Inc (PTON) Stock Go Next After It Is Up 28.90% in a Week?

The market has been high on Peloton Interactive Inc (PTON) stock recently. PTON gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.

Peloton Interactive Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on PTON!

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What is Stock Sentiment?

In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company. Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor. InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon. The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.

What's Happening With PTON Stock Today?

Peloton Interactive Inc (PTON) stock is trading at $13.07 as of 10:43 AM on Monday, Dec 5, a decline of -$0.23, or -1.73% from the previous closing price of $13.30. The stock has traded between $12.78 and $13.31 so far today. Volume today is low. So far 3,121,049 shares have traded compared to average volume of 14,064,570 shares. To see InvestorsObserver's Sentiment Score for Peloton Interactive Inc click here.

More About Peloton Interactive Inc

Peloton Interactive Inc operates an interactive fitness platform. It operates its business in two reportable segments: Connected Fitness Products and Subscription. Connected Fitness Product revenue consists of sales of bike and tread and related accessories, associated fees for delivery and installation, and extended warranty agreements. Subscription revenue consists of revenue generated from monthly Connected Fitness Subscription and Digital Subscription. The company generates the majority of the revenue from the sale of Connected Fitness Products. Click Here to get the full Stock Report for Peloton Interactive Inc stock.