Taking everything into account, PERI scores 2 out of 10 in our technical rating. 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.
Although the technical rating is bad, PERI does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 9.51, a Stop Loss order could be placed below this zone.
More info and screens
8.87
We found 2 important support areas.
- A support zone ranging from 9.31 to 9.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 8.96 to 9.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 9.64 to 9.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 9.90 to 10.01. 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 | 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 | 52.2 | NEUTRAL | PERI is not amongst the best or worst performers 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) | UP | MIXED | The current price of PERI is below the rising 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) | 44.86 | NEUTRAL | The RSI value for PERI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests PERI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 19.74 | OVERSOLD | The low Stochastics value suggests PERI may be oversold. |
| Average True Range in percent/ATR (20) | 2.53 | MEDIUM VOLATILITY | The ATR as a percentage value for PERI suggests some volalility. |
| Average Directional Index/ADX (14) | 16.22 | NEGATIVE | The low ADX value for PERI suggests a weak or negative trend. |
9.52
+0.12 (+1.28%)
PERION NETWORK LTD / PERI FAQ
What is the ChartMill technical rating of PERION NETWORK LTD (PERI) stock?
ChartMill assigns a technical rating of 2 / 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 44.8598. 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 -0.035065, 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.