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Bearish Trendline Looms for Struggling Oil Stock
皮博迪皮博迪(US:BTU) Schaeffers Investment Research·2025-07-02 03:14

Crude stock Peabody Energy Corp (NYSE:BTU) is 1.9% lower to trade at $13.24 at last check, extending its long-term slide on the charts. BTU has already shed 37% in 2025, one of many oil names struggling of late. In fact, the security's pullback may have only just begun, as the shares are near a historically bearish trendline on the charts.Per Schaeffer's Senior Quantitative Analyst Rocky White, the security is within one standard deviation of its 100-day moving average. BTU was below this this trendline in ...