Overall PERI gets a technical rating of 8 out of 10. In the last year, PERI was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
PERI has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 9.88, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for PERI in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
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8.68
When analyzing the support we can see 4 important areas.
- A support zone ranging from 9.70 to 9.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 9.23 to 9.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 8.96 to 9.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 8.77 to 8.78. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 9.96 to 10.24. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @10.50 from a horizontal line in the daily time frame.
- Resistance @11.06 from a horizontal line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for PERI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PERI is up. |
| ChartMill Relative Strength | 75.8 | POSITIVE | PERI has a high relative strength, it outperformed 75.8% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PERI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PERI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PERI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.78 | NEUTRAL | The RSI value for PERI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests PERI has a negative trend. |
| Stochastics (14,3) | 59.02 | NEUTRAL | The Stochastics value for PERI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.94 | MEDIUM VOLATILITY | The ATR as a percentage value for PERI suggests some volalility. |
| Average Directional Index/ADX (14) | 23.87 | NEUTRAL | The ADX value for PERI suggests a possible start of a new trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 10.25 | 9.91 | 0.34 (3.32%) | 25.00% |
| An entry @10.25. This is a Buy Stop order right above the resistance zone. | An exit @9.91. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.34 points, which is 3.32%. | For a 0.83% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of PERI. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
9.93
-0.14 (-1.39%)
PERION NETWORK LTD / PERI FAQ
What is the ChartMill technical rating of PERION NETWORK LTD (PERI) stock?
ChartMill assigns a technical rating of 8 / 10 to PERI.
What is the trend direction for PERI stock?
The current trend direction for PERION NETWORK LTD (PERI) is Bullish.
Can you provide the RSI signal for PERION NETWORK LTD?
PERION NETWORK LTD (PERI) has an RSI value of 50.7804. This indicates that the stock is currently neutral.
Can you provide the short term momentum for PERION NETWORK LTD?
The short term momentum for PERION NETWORK LTD (PERI) is positive.
What is the buy/sell signal for PERION NETWORK LTD (PERI) stock?
The buy/sell signal for PERION NETWORK LTD (PERI) is buy as both the short term and long term trends are positive.