|
|
Archive - 7/10/2026 - Sign In to see current Signals. |
Perrigo Co (PRGO) Technical Analysis
|
 |
| Summary:
| | Weekly : | | Daily :  Move cursor over the icon to see details.
| | It was the negative week for the Perrigo Co (PRGO). During the week, the PRGO dropped -0.80 points, or -7.26%, and closed at 10.22 on Friday, July 10, 2026. It was the worst weekly loss since May 15, 2026. PRGO was trading at average weekly trading volume. PRGO is a member of Health Care Sector. Health Care is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See PRGO long-term trend chart] A long-term downtrend had started on February 25, 2020 at 63.86 and reached 9.23 on March 20, 2026. PRGO lost 54.63 points, or 85.55%, in 316 weeks. The chart has formed a Falling Wedge chart pattern. The trend support level is at 7.61 and resistance is at 12.28. A Falling Wedge is a triangle formation with a noticeable slant to the downside. It represents the loss of a downside momentum on each successive low and has a bullish bias. The Falling wedge usually marks a reversal in a downtrend. In an uptrend a falling wedge is considered to be a continuation pattern. Use the following link to access a Falling Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Wedge pattern in a long-term trend.
Medium-term trend: [See PRGO medium-term trend chart] A medium-term downtrend had started on November 25, 2024 at 28.96 and reached 9.23 on March 20, 2026. PRGO lost 19.73 points, or 68.13%, in 68 weeks. The price is now at the 5.02% retracement level.
Weekly Technical Indicators: [See PRGO weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is above its signal line since April 10, 2026. The distance between MACD and the signal line is low, but getting bigger. Use the following link to access a MACD help.
Short-term trend: [See PRGO short-term trend chart] A short-term downtrend had started on May 6, 2026 at 12.58 and reached 9.40 on June 23, 2026. PRGO lost 3.18 points, or 25.28%, in 48 days. The chart has formed a Falling Wedge chart pattern.
Daily Technical Indicators: [See PRGO daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is above its signal line since June 30, 2026. The distance between MACD and the signal line is low and getting smaller. During the last week, the price has declined below the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band. During the last week, the price has crossed below the 50 Day Moving Average. Such crossover is considered a bearish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
| |
|
|