PERION NETWORK LTD (PERI) Stock Technical Analysis
USA - NASDAQ:PERI - IL0010958192 - Common Stock
9.73 USD
-0.37 (-3.66%)
9.73 USD
0 (0%)
Overall PERI gets a technical rating of 4 out of 10. PERI has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
PERI is part of the Media industry. There are 96 other stocks in this industry. PERI outperforms 83% of them.
When comparing the yearly performance of all stocks, we notice that PERI is one of the better performing stocks in the market, outperforming 75% of all stocks. However, this overall performance is mostly based on the strong move around 7 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 8.81 - 11.24 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 has an average technical rating and it also 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
8.68
11.49
When analyzing the support we can see 3 important areas.
- A support zone ranging from 9.52 to 9.60. 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 9.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 8.77 to 8.78. This zone is formed by a combination of multiple trend lines in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 10.45 to 10.50. 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.
- Resistance @11.38 from a horizontal line in the daily 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 | UP | POSITIVE | The short term trend for PERI is up. |
| ChartMill Relative Strength | 75.63 | POSITIVE | PERI has a high relative strength, it outperformed 75.63% off all stocks 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) | 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) | 52.7 | NEUTRAL | The RSI value for PERI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests PERI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 48.83 | NEUTRAL | The Stochastics value for PERI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.62 | MEDIUM VOLATILITY | The ATR as a percentage value for PERI suggests some volalility. |
| Average Directional Index/ADX (14) | 19.55 | NEGATIVE | The low ADX value for PERI suggests a weak or negative 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)
9.73
-0.37 (-3.66%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg-3.66%
1 Week5.19%
2 Weeks5.19%
1 Month-0.1%
3 Month3.84%
6 Month-9.57%
12 Month14.2%
2 Year-65.55%
3 Year-64.53%
5 Year28.2%
10 Year46.76%
15 YearN/A
Volatility
ATR(14)0.39
ATR(20)%3.62%
ATR Inc20.2%
Range Today0.44
ADR(20)0.31
ADR(20)%3.21%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.63
3 months CRS75.42
6 months CRS20.14
Mansfield-0.47
10 Day High11.24
10 Day Low8.81
20 Day High11.24
20 Day Low8.81
52 Week High11.79
52 Week Low6.99
CS1 End9.6
CR1 Start10.45
Volume & EV
DER(3)-3.43%
DER(5)-0.38%
Volume594.60K
Volume Incr226.25%
Vol(5)776.70K
Vol(50)296.35K
PERION NETWORK LTD / PERI FAQ
What is the ChartMill technical rating of PERION NETWORK LTD (PERI) stock?
ChartMill assigns a technical rating of 4 / 10 to PERI.
What is the trend direction for PERI stock?
The current trend direction for PERION NETWORK LTD (PERI) is Bearish.
Can you provide the RSI signal for PERION NETWORK LTD?
PERION NETWORK LTD (PERI) has an RSI value of 52.7008. This indicates that the stock is currently neutral.
Can you provide the short term momentum for PERION NETWORK LTD?
The short term momentum for PERION NETWORK LTD (PERI) is positive.