PREMIER INC-CLASS A (PINC) Stock Technical Analysis
NASDAQ:PINC - US74051N1028 - Common Stock
26.8 USD
-0.3 (-1.11%)
26.78 USD
-0.02 (-0.07%)
Taking everything into account, PINC scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, PINC has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, PINC did better than 83% of all other stocks.
PINC is one of the better performing stocks in the Health Care Providers & Services industry, it outperforms 85% of 101 stocks in the same industry.
PINC is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so PINC is lagging the market slightly.
PINC has an average volume of 1702540 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month PINC has a been trading in the 23.03 - 28.79 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, PINC also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 26.30, a Stop Loss order could be placed below this zone.
More info and screens
21.89
27.07
2 important support areas can be observed.
- A support zone ranging from 25.59 to 26.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 22.11 to 22.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 83.25 | POSITIVE | PINC has a high relative strength, it outperformed 83.25% 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) | 66.58 | NEUTRAL | The RSI value for PINC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests PINC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 57.23 | NEUTRAL | The Stochastics value for PINC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.52 | MEDIUM VOLATILITY | The ATR as a percentage value for PINC suggests some volalility. |
| Average Directional Index/ADX (14) | 58.42 | POSITIVE | The high ADX value value for PINC suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 28.80 | 25.58 | 3.22 (11.18%) | 8.95% |
| An entry @28.80. This is a Buy Stop order right above the 10 day high. | An exit @25.58. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 3.22 points, which is 11.18%. | For a 1.00% total portfolio risk, you can invest 8.95% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
26.8
-0.3 (-1.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg-1.11%
1 Week4.73%
2 Weeks3.63%
1 Month11.57%
3 Month18.74%
6 Month47.58%
12 Month32.08%
2 Year24.65%
3 Year-21.04%
5 Year-18.37%
10 Year-22.02%
15 YearN/A
Volatility
ATR(14)0.79
ATR(20)%3.52%
ATR Inc-36.1%
Range Today0.42
ADR(20)0.87
ADR(20)%3.24%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.25
Mansfield1.41
10 Day High28.79
10 Day Low25.44
20 Day High28.79
20 Day Low23.03
52 Week High28.79
52 Week Low17.23
CS1 End26.3
CR1 StartN/A
Volume & EV
DER(3)0.57%
DER(5)0.29%
Volume1.29M
Volume Incr9.39%
Vol(5)2.11M
Vol(50)1.70M