PERFECT CORP (PERF) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:PERF - KYG7006A1094 - Common Stock
We assign a technical rating of 0 out of 10 to PERF. PERF's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, PERF does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 1.82. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for PERF 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.
More info and screens
1.68
2 important support areas can be observed.
- Support @1.80 from a trend line in the daily time frame.
- A support zone ranging from 1.70 to 1.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 1.82 to 1.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.12 from a horizontal line in the daily time frame.
- Resistance @2.35 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 | 18.7 | NEGATIVE | PERF has a low relative strength, it was outperformed by 81.3% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of PERF is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PERF is below 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) | 53.32 | NEUTRAL | The RSI value for PERF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests PERF has a positive trend. |
| Stochastics (14,3) | 43.81 | NEUTRAL | The Stochastics value for PERF is a neutral value. |
| Average True Range in percent/ATR (20) | 4.01 | MEDIUM VOLATILITY | The ATR as a percentage value for PERF suggests some volalility. |
| Average Directional Index/ADX (14) | 11.2 | NEGATIVE | The low ADX value for PERF suggests a weak or negative trend. |
1.81
+0.05 (+2.84%)
PERFECT CORP / PERF FAQ
Can you provide the ChartMill technical rating for PERFECT CORP?
ChartMill assigns a technical rating of 0 / 10 to PERF.
What is the current trend direction of PERFECT CORP (PERF) stock?
The current trend direction for PERFECT CORP (PERF) is Bearish.
What is the RSI signal for PERFECT CORP (PERF) stock?
PERFECT CORP (PERF) has an RSI value of 53.316. This indicates that the stock is currently neutral.
What is the MACD signal for PERF stock?
The MACD indicator for PERFECT CORP (PERF) has a value of 0.00635894, indicating a bearish trend.
What is the support and resistance level for PERF stock?
PERFECT CORP (PERF) has a support level at 1.8 and a resistance level at 1.82. Check the full technical report for our detailed analysis of PERF support and resistance levels.