PERFECT CORP (PERF) Stock Technical Analysis
NYSE:PERF - New York Stock Exchange, Inc. - KYG7006A1094 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to PERF. PERF 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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
66% of all other stocks performed better in the past year than PERF.
PERF is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so PERF is lagging the market.
In the last month PERF has a been trading in the 1.75 - 2.00 range, which is quite wide. It is currently trading near the lows of this range.
PERF is an average performer in the Software industry, it outperforms 46% of 282 stocks in the same industry.
Volume is considerably higher in the last couple of days.
PERF has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 1.84. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1.81, 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
1.59
2.69
2 important support areas can be observed.
- A support zone ranging from 1.78 to 1.81. 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 1.61 to 1.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 1.84 to 1.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 1.92 to 1.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.98 from a horizontal line in the daily time frame.
- Resistance @2.55 from a trend line in the weekly time frame.
- Resistance @2.66 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 | DOWN | NEGATIVE | The long term trend for PERF is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PERF is neutral. |
| ChartMill Relative Strength | 34.86 | NEUTRAL | PERF is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PERF is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of PERF is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PERF is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.58 | NEUTRAL | The RSI value for PERF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests PERF has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 32.6 | NEUTRAL | The Stochastics value for PERF is a neutral value. |
| Average True Range in percent/ATR (20) | 4.87 | MEDIUM VOLATILITY | The ATR as a percentage value for PERF suggests some volalility. |
| Average Directional Index/ADX (14) | 12.33 | NEGATIVE | The low ADX value for PERF suggests a weak or negative trend. |
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)
1.82
-0.01 (-0.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-0.55%
1 Week-1.62%
2 Weeks0.55%
1 Month-1.09%
3 Month-3.19%
6 Month-30.27%
12 Month-7.14%
2 Year-64.38%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%4.87%
ATR Inc51.54%
Range Today0.11
ADR(20)0.09
ADR(20)%4.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS34.86
Mansfield-1.3
10 Day High1.92
10 Day Low1.75
20 Day High2
20 Day Low1.75
52 Week High3.44
52 Week Low1.51
CS1 End1.81
CR1 Start1.84
Volume & EV
DER(3)-4.02%
DER(5)-9.33%
Volume114.20K
Volume Incr105.58%
Vol(5)153.30K
Vol(50)85.52K