The Greedy Trader Weekly Analysis
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- 3/21/2025 -
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Perrigo Co (PRGO) Technical Analysis

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Summary:
Weekly :Broken trend resistance lineBroken trend resistance line
Daily :Bearish Harami Candlestick
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It was a first positive week for the Perrigo Co (PRGO). During the week, the PRGO gained 0.68 points, or 2.49%, and closed at 27.94 on Friday, March 21, 2025. Weekly volume was 33% above average.

Long-term trend: [See PRGO long-term trend chart]
A long-term downtrend had started on February 25, 2020 at 63.86 and reached 23.14 on January 14, 2025. PRGO lost 40.72 points, or 63.76%, in 255 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (15.02) is broken. A broken support is considered to be a long-term bullish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line 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 23.14 on January 14, 2025. PRGO lost 5.82 points, or 20.10%, in 7 weeks. The chart has formed a Symmetric Triangle chart pattern. The downtrend resistance line (24.52) is broken. A broken support is considered to be a long-term bullish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a medium-term trend.

Weekly Technical Indicators: [See PRGO weekly technical indicators chart]
Weekly technical indicators are neutral.

The weekly MACD line is above its signal line since February 21, 2025. The distance between MACD and the signal line is relatively high and getting bigger. Use the following link to access a MACD help.

Short-term trend: [See PRGO short-term trend chart]
A short-term uptrend had started on January 14, 2025 at 23.14 and reached 30.93 on March 3, 2025. PRGO gained -7.79 points, or -33.66%, in 48 days. The chart has formed a Broadening Ascending Wedge chart pattern.

Daily Technical Indicators: [See PRGO daily technical indicators chart]
Daily technical indicators are neutral.

The daily MACD line is below its signal line since March 12, 2025. The distance between MACD and the signal line is low and getting smaller.

Candlestick pattern: [See PRGO candlestick chart pattern]
On Friday the chart has formed a Bearish Harami Candlestick pattern. A Bearish Harami pattern occurs in an uptrend. It shows the bulls’ upward drive has weakened and now a trend reversal is possible. The reliability of the Bearish Harami pattern is low. Use the Technical Stock Screener to see the list of stocks that had a Bearish Harami Candlestick pattern during the last week.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 42.41
Williams' Percentage Range (W%R) 39.30
Lane's Stochastic (%D-Slow) 56.07
Greed/Fear Indicator (GFI) 53.05
Moving Average Converg./Diverg. (MACD) 0.68
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 51.99
Williams' Percentage Range (W%R) 34.80
Lane's Stochastic (%D-Slow) 56.84
Greed/Fear Indicator (GFI) 58.84
Moving Average Converg./Diverg. (MACD) -0.53
Trading Signals
Description Value Chart
Upper Bollinger Band 30.27
Parabolic System 28.69
Weekly Stochastic Crossing 28.25
Daily Stochastic Crossing 28.01
Price 27.94
20 Day Moving Average 27.49
50 Day Moving Average 25.75
Weekly Trendline Support 24.52
Lower Bollinger Band 24.37
Quarterly Trendline Resistance 22.79
Weekly Trendline Resistance 22.68
Sector and Industry
Description Name Rank
Sector Health Care 7
Industry Pharmaceuticals 96
Daily Trend
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Low 23.14
Low Date 01/14/2025
High 30.93
High Date 03/03/2025
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern Symmetric Triangle
Status Broken Resistance
Resistance 22.68
Support 24.52
High 28.96
High Date 11/25/2024
Low 23.14
Low Date 01/14/2025
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 43.90
High Date 08/09/2022
Low 23.14
Low Date 01/14/2025
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern Falling Wedge
Status Broken Resistance
Resistance 22.79
Support 15.02
High 63.86
High Date 02/25/2020
Low 23.14
Low Date 01/14/2025
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 215.73
High Date 04/08/2015
Low 23.14
Low Date 01/14/2025
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.