RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of PRGO
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Perrigo Company plc stock price up 1.27% on Friday
(Updated on Jul 19, 2024)

Buy or Hold candidate since Jul 09, 2024 Gain 5.70% PDF

The Perrigo Company plc stock price gained 1.27% on the last trading day (Friday, 19th Jul 2024), rising from $27.65 to $28.00. During the last trading day the stock fluctuated 3.14% from a day low at $27.24 to a day high of $28.10. The price has risen in 7 of the last 10 days and is up by 10.06% over the past 2 weeks. Volume fell on the last day by -882 thousand shares and in total, 1 million shares were bought and sold for approximately $29.36 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies the upper part of a wide and falling trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break up at the top trend line at $28.01 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the stock is expected to fall -18.79% during the next 3 months and, with a 90% probability hold a price between $19.36 and $22.75 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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PRGO Signals & Forecast

Mostly positive signals in the chart today. The Perrigo Company plc stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $27.53 and $26.73. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Thursday, June 27, 2024, and so far it has risen 10.11%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely.

Support, Risk & Stop-loss for Perrigo Company plc stock

Perrigo Company plc finds support from accumulated volume at $27.16 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.86 between high and low, or 3.14%. For the last week, the stock has had daily average volatility of 3.73%.

Our recommended stop-loss: $26.90 (-3.93%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 26 days ago.)

Trading Expectations (PRGO) For The Upcoming Trading Day Of Monday 22nd

For the upcoming trading day on Monday, 22nd we expect Perrigo Company plc to open at $27.78, and during the day (based on 14 day Average True Range), to move between $27.15 and $28.85, which gives a possible trading interval of +/-$0.85 (+/-3.02%) up or down from last closing price. If Perrigo Company plc takes out the full calculated possible swing range there will be an estimated 6.04% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $28.23 (0.82%) than the support at $27.16 (3.00%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Perrigo Company plc stock A Buy?

Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term.

Current score: 1.631 Buy Candidate Unchanged

Predicted Opening Price for Perrigo Company plc of Monday, July 22, 2024

Fair opening price July 22, 2024 Current price
$27.78 ( 0.792%) $28.00

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for PRGO

Fibonacci Support & Resistance Levels

Level Price
R3 28.63 2.26%
R2 28.31 1.10%
R1 28.10 0.375%
Price 28.00
S1 27.45 -1.96%
S2 27.25 -2.68%
S3 26.92 -3.85%

Accumulated Volume Support & Resistance Levels

Level Price
R3 32.90 17.50%
R2 30.15 7.68%
R1 28.23 0.82%
Price 28.00
S1 27.16 -3.00%
S2 26.40 -5.71%
S3 25.78 -7.93%

PRGO Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 May 01, 2024 May 31, 2024 Jun 18, 2024 $0.276 1.08%
2 Feb 26, 2024 Mar 07, 2024 Mar 26, 2024 $0.276 0.90%
3 Nov 02, 2023 Nov 30, 2023 Dec 19, 2023 $0.270 0.88%
4 Aug 02, 2023 Aug 31, 2023 Sep 19, 2023 $0.273 0.81%
5 May 04, 2023 Jun 01, 2023 Jun 20, 2023 $0.273 0.81%

FAQ

What is the symbol for Perrigo Company plc Stock and on which exchange is it traded?
The symbol for Perrigo Company plc is PRGO and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Perrigo Company plc Stock?
Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term.

How to buy Perrigo Company plc Stock?
Perrigo Company plc Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Perrigo Company plc Stock.

What's the current price of Perrigo Company plc Stock?
As of the end of day on the Jul 19, 2024, the price of an Perrigo Company plc (PRGO) share was $28.00.

What is the 52-week high and low for Perrigo Company plc Stock?
The 52-week high for Perrigo Company plc Stock is $40.28 and the 52-week low is $24.82.

What is the market capitalization of Perrigo Company plc Stock?
As of the Jul 19, 2024, the market capitalization of Perrigo Company plc is 3.817B.

When is the next earnings date for Perrigo Company plc?
The upcoming earnings date for Perrigo Company plc is Aug 13, 2024.
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About Perrigo Company plc

Perrigo Company plc Perrigo Company plc provides over-the-counter (OTC) health and wellness solutions that enhance individual well-being by empowering consumers to prevent or treat conditions that can be self-managed. The company operates through two segments, Consumer Self-Care Americas and Consumer Self-Care International. The Consumer Self-Care Americas segment focuses primarily on the development, manufacture, marketing, and sale of store brand, self-care produc... PRGO Profile

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