PERION NETWORK LTD (PERI) Stock Technical Analysis
USA - NASDAQ:PERI - IL0010958192 - Common Stock
We assign a technical rating of 3 out of 10 to PERI. PERI has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The technical rating of PERI is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
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8.68
When analyzing the support we can see 3 important areas.
- A support zone ranging from 9.41 to 9.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @8.96 from a horizontal line in the weekly time frame.
- Support @8.77 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 9.83 to 9.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @11.38 from a horizontal line in the daily 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 | NEUTRAL | NEUTRAL | The long term trend for PERI is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PERI is neutral. |
| ChartMill Relative Strength | 66.28 | NEUTRAL | PERI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of PERI is above 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) | 52.66 | 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, although the MACD value is rising. |
| Stochastics (14,3) | 40.94 | NEUTRAL | The Stochastics value for PERI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.72 | MEDIUM VOLATILITY | The ATR as a percentage value for PERI suggests some volalility. |
| Average Directional Index/ADX (14) | 11.69 | NEGATIVE | The low ADX value for PERI suggests a weak or negative trend. |
9.5
+0.25 (+2.7%)
PERION NETWORK LTD / PERI FAQ
What is the ChartMill technical rating of PERION NETWORK LTD (PERI) stock?
ChartMill assigns a technical rating of 3 / 10 to PERI.
What is the trend direction for PERI stock?
The current trend direction for PERION NETWORK LTD (PERI) is Bearish.
Can you provide the RSI signal for PERION NETWORK LTD?
PERION NETWORK LTD (PERI) has an RSI value of 52.6613. 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 neutral.