PERRIGO COMPANY PLC
Here’s whether PERRIGO COMPANY PLC (PRGO) is worth buying in 2026 — based on weekly-updated price trend, RSI momentum, and return vs. the S&P 500. Our current read: Neutral.
Positives: trading above the 200-day MA (long-term uptrend intact); above the 50-day MA (medium-term momentum positive); 50-day MA is rising (+2.71% over 10 days); 3-month momentum positive (+22.9%). Concerns: RSI 75 — overbought, elevated pullback risk; weak 1-year return of -43.4%. Currently 47.0% off its 52-week high. Score: +3/7.
PRGO is in a confirmed uptrend, trading above both its 50-day ($10.84) and 200-day ($12.40) moving averages. With an RSI of 75.3, momentum has stretched into overbought territory — short-term pullbacks are common from these levels. The 1-year return of -43.4% compares to +20.4% for SPY (trailed the market by 63.8%). The current 47.0% drawdown from the 52-week high reflects elevated risk for momentum-based strategies.