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Archive
- 4/10/2026 -
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Perrigo Co (PRGO) Technical Analysis
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| Summary:
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| | It was a third positive week after 4 consecutive negative weeks for the Perrigo Co (PRGO). During the week, the PRGO climbed 0.01 points, or 0.09%, and closed at 10.86 on Friday, April 10, 2026. Weekly volume was 52% above average.
PRGO is a member of Health Care Sector. Health Care is the second most oversold 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 9.02 and resistance is at 14.28. 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 8.26% retracement level.
 Weekly Technical Indicators: [See PRGO weekly technical indicators chart]
Weekly Lane's Stochastic is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help.
The weekly MACD line is below its signal line since March 6, 2026. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term downtrend is getting weak. 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 January 20, 2026 at 15.38 and reached 9.23 on March 20, 2026. PRGO lost 6.15 points, or 39.99%, in 59 days. The chart has formed a Broadening Descending 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 March 23, 2026.
During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
During the last week, the 20 Day Moving Average 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.
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