PERION NETWORK LTD (PERI) Stock Technical Analysis
NASDAQ:PERI - Nasdaq - IL0010958192 - Common Stock - Currency: USD
Taking everything into account, PERI scores 6 out of 10 in our technical rating. In the last year, PERI was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month PERI has a been trading in the 9.45 - 11.07 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
PERI is part of the Media industry. There are 97 other stocks in this industry. PERI outperforms 76% of them.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
Looking at the yearly performance, PERI did better than 80% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
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.
Considerably lower volume is observed 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
9.36
11.07
We found 1 important support area.
- A support zone ranging from 9.45 to 9.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 2 important resistance areas.
- Resistance @10.77 from a horizontal line in the weekly time frame.
- Resistance @10.96 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 | UP | POSITIVE | The long term trend for PERI is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PERI is down. |
| ChartMill Relative Strength | 80.67 | POSITIVE | PERI has a high relative strength, it outperformed 80.67% off all stocks 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 | 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) | 43.28 | NEUTRAL | The RSI value for PERI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.18 | NEGATIVE | The MACD value suggests PERI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 7.17 | OVERSOLD | The low Stochastics value suggests PERI may be oversold. |
| Average True Range in percent/ATR (20) | 3.43 | MEDIUM VOLATILITY | The ATR as a percentage value for PERI suggests some volalility. |
| Average Directional Index/ADX (14) | 25.51 | POSITIVE | The high ADX value value for PERI suggests a strong 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)
9.72
+0.26 (+2.75%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg2.75%
1 Week-6.54%
2 Weeks-8.56%
1 Month-9.33%
3 Month19.41%
6 Month18.39%
12 Month10.2%
2 Year-68.31%
3 Year-46.53%
5 Year85.85%
10 Year14.08%
15 YearN/A
Volatility
ATR(14)0.29
ATR(20)%3.43%
ATR Inc-5.54%
Range Today0.24
ADR(20)0.31
ADR(20)%3.24%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.67
Mansfield0.64
10 Day High10.86
10 Day Low9.45
20 Day High11.07
20 Day Low9.45
52 Week High11.79
52 Week Low6.99
CS1 End9.58
CR1 Start10.77
Volume & EV
DER(3)-3.14%
DER(5)-3.53%
Volume212.10K
Volume Incr-60.72%
Vol(5)234.58K
Vol(50)524.28K