PERRIGO CO PLC (PRGO) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:PRGO - IE00BGH1M568 - Common Stock
14 USD
-0.4 (-2.78%)
14.05 USD
+0.05 (+0.36%)
Taking everything into account, PRGO scores 1 out of 10 in our technical rating. PRGO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- When comparing the yearly performance of all stocks, PRGO is a bad performer in the overall market: 93% of all stocks are doing better.
- PRGO is part of the Pharmaceuticals industry. There are 190 other stocks in this industry, of which 74% are performing better than PRGO.
- PRGO is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month PRGO has a been trading in the 13.63 - 15.38 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.
- PRGO has an average volume of 3676960 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
PRGO has a poor technical rating and the quality of the setup is also only medium 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
13.71
29.54
When analyzing the support we notice one important area.
- A support zone ranging from 13.85 to 13.86. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
When analyzing the resistance we notice 6 important areas.
- A resistance zone ranging from 15.09 to 15.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @15.75 from a trend line in the daily time frame.
- Resistance @18.43 from a trend line in the daily time frame.
- Resistance @26.59 from a trend line in the weekly time frame.
- Resistance @28.54 from a horizontal line in the weekly time frame.
- Resistance @29.25 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 PRGO is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PRGO is neutral. |
| ChartMill Relative Strength | 7.72 | NEGATIVE | PRGO has a low relative strength, it was outperformed by 92.28% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of PRGO is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of PRGO is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PRGO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.26 | NEUTRAL | The RSI value for PRGO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests PRGO has a negative trend. |
| Stochastics (14,3) | 27.43 | NEUTRAL | The Stochastics value for PRGO is a neutral value. |
| Average True Range in percent/ATR (20) | 3.44 | MEDIUM VOLATILITY | The ATR as a percentage value for PRGO suggests some volalility. |
| Average Directional Index/ADX (14) | 27.15 | POSITIVE | The high ADX value value for PRGO 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)
14
-0.4 (-2.78%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-2.78%
1 Week-7.22%
2 Weeks-6.29%
1 Month1.3%
3 Month-32.5%
6 Month-47.45%
12 Month-43.8%
2 Year-56.36%
3 Year-62.59%
5 Year-67.21%
10 Year-90.32%
15 Year-80.75%
Volatility
ATR(14)0.51
ATR(20)%3.44%
ATR Inc3.25%
Range Today0.47
ADR(20)0.48
ADR(20)%3.41%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.72
3 months CRS8.66
6 months CRS5.78
Mansfield-4.46
10 Day High15.38
10 Day Low13.89
20 Day High15.38
20 Day Low13.63
52 Week High30.93
52 Week Low12.17
CS1 End13.86
CR1 Start15.09
Volume & EV
DER(3)-2.37%
DER(5)-0.39%
Volume2.98M
Volume Incr-33.91%
Vol(5)2.57M
Vol(50)3.68M
PERRIGO CO PLC / PRGO FAQ
What is the ChartMill technical rating of PERRIGO CO PLC (PRGO) stock?
ChartMill assigns a technical rating of 1 / 10 to PRGO.
Can you provide the trend direction for PERRIGO CO PLC?
The current trend direction for PERRIGO CO PLC (PRGO) is Bearish.
What is the RSI signal for PRGO stock?
PERRIGO CO PLC (PRGO) has an RSI value of 41.258. This indicates that the stock is currently neutral.
Can you provide the MACD signal for PERRIGO CO PLC?
The MACD indicator for PERRIGO CO PLC (PRGO) has a value of -0.0615747, indicating a bearish trend.