PREMIER INC-CLASS A (PINC) Technical Analysis
NASDAQ:PINC • US74051N1028
Current stock price
PINC Technical Rating and Analysis
Taking everything into account, PINC scores 8 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, PINC is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- PINC is one of the better performing stocks in the Health Care Providers & Services industry, it outperforms 77% of 100 stocks in the same industry.
- PINC is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- PINC has an average volume of 1508640 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the yearly performance of all stocks, we notice that PINC is one of the better performing stocks in the market, outperforming 81% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- In the last month PINC has a been trading in a tight range between 28.08 and 28.28.
PINC Weekly and Daily overview Charts
PINC Setup Rating and Analysis
Although PINC has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
PINC Support and Resistance Analysis
23.37
We found 3 important support areas.
- A support zone ranging from 27.78 to 28.25. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @24.41 from a trend line in the daily time frame.
- A support zone ranging from 23.61 to 23.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 28.27 to 28.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
PINC Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for PINC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PINC is up. |
| ChartMill Relative Strength | 81.95 | POSITIVE | PINC has a high relative strength, it outperformed 81.95% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PINC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PINC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PINC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.99 | NEUTRAL | The RSI value for PINC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests PINC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 66.91 | NEUTRAL | The Stochastics value for PINC is a neutral value. |
| Average True Range in percent/ATR (20) | 0.19 | LOW VOLATILITY | The low ATR as a percentage value for PINC suggests low volalility. |
| Average Directional Index/ADX (14) | 39.78 | POSITIVE | The high ADX value value for PINC suggests a strong trend. |
PINC Chart- and CandleStick Pattern Analysis
PINC Technicals: Chart, Performance Metrics, Trend & Indicators
28.26
+0.09 (+0.32%)
PREMIER INC-CLASS A / PINC TA FAQ
Can you provide the ChartMill technical rating for PREMIER INC-CLASS A?
ChartMill assigns a technical rating of 8 / 10 to PINC.
What is the trend direction for PINC stock?
The current trend direction for PREMIER INC-CLASS A (PINC) is Bullish.
What is the RSI signal for PINC stock?
PREMIER INC-CLASS A (PINC) has an RSI value of 64.993. This indicates that the stock is currently neutral.
Can you provide the short term momentum for PREMIER INC-CLASS A?
The short term momentum for PREMIER INC-CLASS A (PINC) is positive.
Can you provide the buy/sell signal for PREMIER INC-CLASS A?
The buy/sell signal for PREMIER INC-CLASS A (PINC) is buy as both the short term and long term trends are positive.