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: Caution.
Positives: 50-day MA is rising (+1.98% over 10 days); RSI 47 — healthy momentum range; 3-month momentum positive (+13.1%). Concerns: trading below the 200-day MA (long-term downtrend); below the 50-day MA (medium-term momentum negative); weak 1-year return of -59.7%; rising volume on a downtrend (distribution, 1.25x avg). Currently 61.4% off its 52-week high. Score: -1/7.
PRGO is trading below its 200-day MA ($14.80) — a key warning sign the longer-term trend is under pressure. An RSI of 47.1 sits in the neutral zone — momentum is neither stretched nor exhausted. The 1-year return of -59.7% compares to +22.9% for SPY (trailed the market by 82.5%). The current 61.4% drawdown from the 52-week high reflects elevated risk for momentum-based strategies.