Peabody Energy Corporation Technical Analysis: Downward Momentum Continues Amid Oversold Conditions

Peabody Energy Corporation (NYSE:BTU), one of the most actively traded stocks on the New York Stock Exchange, has been performing poorly over the past year, owing to challenging industry conditions. Over the last 12-months, the stock has dropped by 91.82% as the coal mining company faces pricing pressure. Since January 1, the stock has lost 83.98%.