PERRIGO CO PLC (PRGO) Stock Technical Analysis
NYSE:PRGO - New York Stock Exchange, Inc. - IE00BGH1M568 - Common Stock - Currency: USD
Taking everything into account, PRGO scores 1 out of 10 in our technical rating. PRGO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, PRGO is a bad performer in the overall market: 82% of all stocks are doing better.
PRGO is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month PRGO has a been trading in the 23.86 - 25.66 range, which is quite wide. It is currently trading near the high of this range.
PRGO has an average volume of 1299590 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
PRGO is part of the Pharmaceuticals industry. There are 194 other stocks in this industry, PRGO did better than 54% of them.
Although the technical rating is bad, PRGO does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 25.35. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 25.23, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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.
More info and screens
23.27
29.20
When analyzing the support we can see 2 important areas.
- A support zone ranging from 24.64 to 25.23. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 23.50 to 24.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 25.35 to 25.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 26.40 to 26.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 28.54 to 28.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.05
Mansfield-1.47
10 Day High25.57
10 Day Low23.86
20 Day High25.66
20 Day Low23.86
52 Week High33.46
52 Week Low23.14
Performance
1 Week2.18%
2 Weeks1.48%
1 Month2.38%
3 Month-9.73%
6 Month-13.37%
12 Month-21.18%
2 Year-32.77%
3 Year-28.66%
5 Year-50.01%
10 Year-83.6%
15 Year-48.88%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.11
RSI(14)56.23
LBB24
UBB25.52
25.34
+0.1 (+0.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg0.4%
1 Week2.18%
2 Weeks1.48%
1 Month2.38%
3 Month-9.73%
6 Month-13.37%
12 Month-21.18%
2 Year-32.77%
3 Year-28.66%
5 Year-50.01%
10 Year-83.6%
15 Year-48.88%
Volatility
ATR(14)0.58
ATR(20)%2.3%
ATR Inc13.63%
Range Today0.46
ADR(20)0.58
ADR(20)%2.28%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.05
Mansfield-1.47
10 Day High25.57
10 Day Low23.86
20 Day High25.66
20 Day Low23.86
52 Week High33.46
52 Week Low23.14
CS1 End25.23
CR1 Start25.35
Volume & EV
DER(3)-1.32%
DER(5)-1.16%
Volume1.88M
Volume Incr28.95%
Vol(5)1.52M
Vol(50)1.30M