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 (+4.16% over 10 days); 3-month momentum positive (+27.0%). Concerns: RSI 77 — overbought, elevated pullback risk; weak 1-year return of -39.2%. Currently 42.1% off its 52-week high. Score: +3/7.
PRGO is in a confirmed uptrend, trading above both its 50-day ($11.09) and 200-day ($12.22) moving averages. With an RSI of 76.6, momentum has stretched into overbought territory — short-term pullbacks are common from these levels. The 1-year return of -39.2% compares to +20.5% for SPY (trailed the market by 59.7%). The current 42.1% drawdown from the 52-week high reflects elevated risk for momentum-based strategies.