PERION NETWORK LTD (PERI) Stock Technical Analysis
NASDAQ:PERI - Nasdaq - IL0010958192 - Common Stock - Currency: USD
We assign a technical rating of 9 out of 10 to PERI. Both in the recent history as in the last year, PERI has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
PERI is one of the better performing stocks in the Media industry, it outperforms 77% of 96 stocks in the same industry.
When comparing the yearly performance of all stocks, we notice that PERI is one of the better performing stocks in the market, outperforming 80% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
PERI is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so PERI is lagging the market slightly.
In the last month PERI has a been trading in the 8.87 - 11.79 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although PERI has an excellent technical rating, it does not offer a high 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.
More info and screens
9.12
10.88
When analyzing the support we can see 2 important areas.
- Support @10.50 from a trend line in the daily time frame.
- A support zone ranging from 9.21 to 9.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @10.77 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 | UP | POSITIVE | The long term trend for PERI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PERI is up. |
| ChartMill Relative Strength | 80.57 | POSITIVE | PERI has a high relative strength, it outperformed 80.57% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PERI is above the rising 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) | 62.24 | 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, although the MACD value is declining. |
| Stochastics (14,3) | 65.33 | NEUTRAL | The Stochastics value for PERI is a neutral value. |
| Average True Range in percent/ATR (20) | 4.88 | MEDIUM VOLATILITY | The ATR as a percentage value for PERI suggests some volalility. |
| Average Directional Index/ADX (14) | 30.33 | 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)
10.76
-0.19 (-1.74%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg-1.74%
1 Week0.37%
2 Weeks11.39%
1 Month20.76%
3 Month26.29%
6 Month26.29%
12 Month-8.5%
2 Year-65.04%
3 Year-45.21%
5 Year95.28%
10 Year6.43%
15 YearN/A
Volatility
ATR(14)0.58
ATR(20)%4.88%
ATR Inc-33.73%
Range Today0.2
ADR(20)0.47
ADR(20)%4.38%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.57
Mansfield2.08
10 Day High11.79
10 Day Low9.5
20 Day High11.79
20 Day Low8.87
52 Week High12.74
52 Week Low6.99
CS1 End10.5
CR1 Start10.77
Volume & EV
DER(3)1.74%
DER(5)0.54%
Volume294.70K
Volume Incr-38.15%
Vol(5)464.80K
Vol(50)550.40K