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: Bearish.
Positives: above the 50-day MA (medium-term momentum positive); RSI 48 — healthy momentum range. Concerns: trading below the 200-day MA (long-term downtrend); 50-day MA is falling (-0.11% over 10 days); weak 1-year return of -57.5%; 3-month momentum negative (-23.2%). Currently 60.5% off its 52-week high. Score: -3/7.
PRGO is trading below its 200-day MA ($15.66) — a key warning sign the longer-term trend is under pressure. An RSI of 47.7 sits in the neutral zone — momentum is neither stretched nor exhausted. The 1-year return of -57.5% compares to +27.9% for SPY (trailed the market by 85.4%). The current 60.5% drawdown from the 52-week high reflects elevated risk for momentum-based strategies.