PERION NETWORK LTD (PERI) Stock Technical Analysis
NASDAQ:PERI • IL0010958192
Taking everything into account, PERI scores 1 out of 10 in our technical rating. PERI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- When comparing the yearly performance of all stocks, PERI is a bad performer in the overall market: 69% of all stocks are doing better.
- In the last month PERI has a been trading in the 8.26 - 9.46 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- PERI is an average performer in the Media industry, it outperforms 70% of 91 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.
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 support zone below the current price at 8.53, a Stop Loss order could be placed below this zone.
More info and screens
8.29
When analyzing the support we notice one important area.
- A support zone ranging from 8.37 to 8.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 9.11 to 9.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 9.67 to 9.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @10.23 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 | 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 | 31.35 | 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) | DOWN | NEGATIVE | The current price of PERI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PERI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.56 | NEUTRAL | The RSI value for PERI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests PERI has a positive trend. |
| Stochastics (14,3) | 61 | NEUTRAL | The Stochastics value for PERI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.3 | MEDIUM VOLATILITY | The ATR as a percentage value for PERI suggests some volalility. |
| Average Directional Index/ADX (14) | 32.53 | POSITIVE | The high ADX value value for PERI suggests a strong trend. |
9
-0.1 (-1.1%)
PERION NETWORK LTD / PERI FAQ
What is the ChartMill technical rating of PERION NETWORK LTD (PERI) stock?
ChartMill assigns a technical rating of 1 / 10 to PERI.
What is the current trend direction of PERION NETWORK LTD (PERI) stock?
The current trend direction for PERION NETWORK LTD (PERI) is Bearish.
What is the RSI signal for PERION NETWORK LTD (PERI) stock?
PERION NETWORK LTD (PERI) has an RSI value of 51.5629. This indicates that the stock is currently neutral.
What is the MACD signal for PERI stock?
The MACD indicator for PERION NETWORK LTD (PERI) has a value of 0.0726536, indicating a bearish trend.
Can you provide the short term momentum for PERION NETWORK LTD?
The short term momentum for PERION NETWORK LTD (PERI) is neutral.