PERION NETWORK LTD (PERI) Technical Analysis
NASDAQ:PERI • IL0010958192
Current stock price
PERI Technical Rating and Analysis
Overall PERI gets a technical rating of 1 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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 75% of all other stocks performed better in the past year than PERI.
- PERI is an average performer in the Media industry, it outperforms 63% 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 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 8.06 - 9.46 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
PERI Weekly and Daily overview Charts
PERI Setup Rating and Analysis
Although the technical rating is bad, PERI does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 8.93. Right above this resistance zone may be a good entry point.
More info and screens
PERI Support and Resistance Analysis
8.46
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 8.93 to 9.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 9.43 to 9.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
PERI Technical Indicator Signal Analysis
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 | 25.61 | NEGATIVE | PERI has a low relative strength, it was outperformed by 74.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of PERI is below the rising 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) | 44.43 | NEUTRAL | The RSI value for PERI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests PERI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 45.61 | NEUTRAL | The Stochastics value for PERI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.98 | MEDIUM VOLATILITY | The ATR as a percentage value for PERI suggests some volalility. |
| Average Directional Index/ADX (14) | 15.75 | NEGATIVE | The low ADX value for PERI suggests a weak or negative trend. |
PERI Chart- and CandleStick Pattern Analysis
PERI Technicals: Chart, Performance Metrics, Trend & Indicators
8.55
+0.04 (+0.47%)
PERION NETWORK LTD / PERI TA 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 44.4258. 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 0.0103668, 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 negative.