PERION NETWORK LTD (PERI) Stock Technical Analysis
NASDAQ:PERI - IL0010958192 - Common Stock
9.23 USD
-0.07 (-0.75%)
9.23 USD
0 (0%)
Overall PERI gets a technical rating of 0 out of 10. PERI'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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
75% of all other stocks performed better in the past year than PERI.
PERI is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
PERI is an average performer in the Media industry, it outperforms 54% of 100 stocks in the same industry.
PERI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PERI is lagging the market.
Considerably lower volume is observed in the last couple of days.
PERI has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 9.25. Right above this resistance zone may be a good entry point.
More info and screens
8.68
11.49
When analyzing the support we can see 3 important areas.
- Support @9.14 from a horizontal line in the weekly time frame.
- Support @8.99 from a trend line in the daily time frame.
- Support @8.77 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 9.25 to 9.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 9.83 to 9.91. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- 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 | DOWN | NEGATIVE | The long term trend for PERI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PERI is down. |
| ChartMill Relative Strength | 25.69 | NEGATIVE | PERI has a low relative strength, it was outperformed by 74.31% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PERI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PERI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of PERI is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.18 | NEUTRAL | The RSI value for PERI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests PERI has a positive trend. |
| Stochastics (14,3) | 39.29 | NEUTRAL | The Stochastics value for PERI is a neutral value. |
| Average True Range in percent/ATR (20) | 4.57 | MEDIUM VOLATILITY | The ATR as a percentage value for PERI suggests some volalility. |
| Average Directional Index/ADX (14) | 36.13 | POSITIVE | The high ADX value value for PERI suggests a strong 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)
9.23
-0.07 (-0.75%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg-0.75%
1 Week-1.49%
2 Weeks0.87%
1 Month-12.68%
3 Month-13.01%
6 Month14.09%
12 Month7.95%
2 Year-72.19%
3 Year-54.87%
5 Year51.81%
10 Year32.05%
15 YearN/A
Volatility
ATR(14)0.25
ATR(20)%4.57%
ATR Inc-67.32%
Range Today0.15
ADR(20)0.41
ADR(20)%4.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.69
Mansfield-0.66
10 Day High9.46
10 Day Low8.98
20 Day High10.87
20 Day Low8.76
52 Week High11.79
52 Week Low6.99
CS1 End9.14
CR1 Start9.25
Volume & EV
DER(3)0.16%
DER(5)1.42%
Volume142.60K
Volume Incr-63.43%
Vol(5)165.14K
Vol(50)329.97K