PERION NETWORK LTD (PERI) Technical Analysis
NASDAQ:PERI • IL0010958192
Current stock price
PERI Technical Rating and Analysis
We assign a technical rating of 8 out of 10 to PERI. Although PERI is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- 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 82% of 91 stocks in the same industry.
- PERI is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- Looking at the yearly performance, PERI did better than 74% of all other 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.
PERI Weekly and Daily overview Charts
PERI Setup Rating and Analysis
PERI has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
PERI Support and Resistance Analysis
8.34
2 important support areas can be observed.
- A support zone ranging from 8.97 to 8.99. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 8.42 to 8.53. 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 9.99 to 10.00. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 10.22 to 10.29. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @11.06 from a horizontal line in the weekly time frame.
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 | 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 | 74.78 | POSITIVE | PERI has a high relative strength, it outperformed 74.78% 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) | 61.01 | NEUTRAL | The RSI value for PERI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests PERI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 68.08 | NEUTRAL | The Stochastics value for PERI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.79 | MEDIUM VOLATILITY | The ATR as a percentage value for PERI suggests some volalility. |
| Average Directional Index/ADX (14) | 25.71 | POSITIVE | The high ADX value value for PERI suggests a strong trend. |
PERI Chart- and CandleStick Pattern Analysis
PERI Technicals: Chart, Performance Metrics, Trend & Indicators
9.87
+0.05 (+0.51%)
PERION NETWORK LTD / PERI TA FAQ
What is the ChartMill technical rating of PERION NETWORK LTD (PERI) stock?
ChartMill assigns a technical rating of 8 / 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 Bullish.
What is the RSI signal for PERI stock?
PERION NETWORK LTD (PERI) has an RSI value of 61.0102. This indicates that the stock is currently neutral.
Can you provide the MACD signal for PERION NETWORK LTD?
The MACD indicator for PERION NETWORK LTD (PERI) has a value of 0.044999, indicating a bearish trend.
What is the buy/sell signal for PERI stock?
The buy/sell signal for PERION NETWORK LTD (PERI) is buy as both the short term and long term trends are positive.