PERRIGO CO PLC (PRGO) Stock Technical Analysis
NYSE:PRGO - New York Stock Exchange, Inc. - IE00BGH1M568 - Common Stock - Currency: USD
Overall PRGO gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, PRGO is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month PRGO has a been trading in the 26.03 - 27.91 range, which is quite wide. It is currently trading near the high of this range.
PRGO has an average volume of 1212670 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, PRGO turns out to be only a medium performer in the overall market: it outperformed 40% of all stocks.
PRGO is an average performer in the Pharmaceuticals industry, it outperforms 57% of 193 stocks in the same industry.
PRGO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PRGO is lagging the market.
Besides having an excellent technical rating, PRGO also presents a decent setup pattern. Prices have been consolidating lately.
More info and screens
23.27
29.76
When analyzing the support we can see 3 important areas.
- A support zone ranging from 26.71 to 26.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 25.29 to 26.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 23.50 to 24.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 27.23 to 27.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @28.06 from a horizontal line in the daily time frame.
- Resistance @28.54 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 29.00 to 29.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 PRGO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PRGO is up. |
| ChartMill Relative Strength | 40.39 | NEUTRAL | PRGO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PRGO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PRGO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PRGO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.94 | NEUTRAL | The RSI value for PRGO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests PRGO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 65.62 | NEUTRAL | The Stochastics value for PRGO is a neutral value. |
| Average True Range in percent/ATR (20) | 2.15 | MEDIUM VOLATILITY | The ATR as a percentage value for PRGO suggests some volalility. |
| Average Directional Index/ADX (14) | 14.32 | NEGATIVE | The low ADX value for PRGO 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)
27.05
-0.36 (-1.31%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-1.31%
1 Week-0.33%
2 Weeks1.24%
1 Month1.5%
3 Month6.83%
6 Month13.46%
12 Month-3.39%
2 Year-26.17%
3 Year-35.4%
5 Year-48.98%
10 Year-85.93%
15 Year-51.71%
Volatility
ATR(14)0.65
ATR(20)%2.15%
ATR Inc47.73%
Range Today0.89
ADR(20)0.57
ADR(20)%2.11%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS40.39
Mansfield-0.53
10 Day High27.91
10 Day Low26.54
20 Day High27.91
20 Day Low26.03
52 Week High30.93
52 Week Low23.14
CS1 End26.88
CR1 Start27.23
Volume & EV
DER(3)0.73%
DER(5)0.23%
Volume1.10M
Volume Incr-0.22%
Vol(5)1.00M
Vol(50)1.21M