PERRIGO Co plc (PRGO): Price Down $-0.39 (-0.93)% Over Past Day, Down $-0.31 (-0.74)% Over Past Hour

The Hourly View for PRGO

Currently, PRGO’s price is down $-0.31 (-0.74%) from the hour prior. It’s been a feast for bears operating on an hourly timeframe, as PRGO has now gone down 4 of the past 5 hours. If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 20 hour timeframe. The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.

PRGO’s Technical Outlook on the Daily Chart

Currently, PRGO’s price is down $-0.39 (-0.93%) from the day prior. PRGO has seen its price go down 5 out of the past 5 days, thus creating some compelling opportunities for bears. If you’re a trend trader, consider that the strongest clear trend on the daily chart exists on the 50 day timeframe. The moving averages on the daily timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend. The chart below shows PRGO’s price action over the past 90 days.

PRGO

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