Strong Growth Stock Technical Setups. Analyze technical breakout patterns in stocks which are growing strongly while having decent profitability and health.


PERION NETWORK LTD

Nasdaq / Communication Services / Media

Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to PERI. PERI 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 negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, PERI is a bad performer in the overall market: 92% of all stocks are doing better.
PERI is one of the lesser performing stocks in the Media industry. 79% of 97 stocks in the same industry do better.
PERI is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month PERI has a been trading in the 21.36 - 23.74 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
PERI Weekly chart
PERI Daily chart
Setup Rating and Analysis

9

PERI has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 23.36. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 22.25, 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.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

21.36

29.69

We found 1 important support area.

  • A support zone ranging from 21.58 to 22.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

3 important resistance areas can be observed.

  • Resistance @23.36 from a horizontal line in the daily time frame.
  • Resistance @28.79 from a trend line in the weekly time frame.
  • Resistance @29.40 from a trend line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.64
Mansfield-3.66
10 Day High23.03
10 Day Low21.36
20 Day High23.74
20 Day Low21.36
52 Week High42.75
52 Week Low21.36
Performance
1 Week0.04%
2 Weeks-2.57%
1 Month-1.97%
3 Month-27.57%
6 Month-27%
12 Month-43.51%
2 Year-0.58%
3 Year24.92%
5 Year743.77%
10 Year-32.55%
15 YearN/A
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)0.19
RSI(14)42.88
LBB21.6
UBB23.07