PREMIER INC-CLASS A (PINC)

US74051N1028 - Common Stock

20.72  +0.19 (+0.93%)

After market: 20.72 0 (0%)

Technical Rating and Analysis

0

Overall PINC gets a technical rating of 0 out of 10. PINC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, PINC is a bad performer in the overall market: 82% of all stocks are doing better.
PINC is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
PINC has an average volume of 1689260 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
PINC is an average performer in the Health Care Providers & Services industry, it outperforms 44% of 118 stocks in the same industry.
In the last month PINC has a been trading in a tight range between 20.47 and 21.65.
Weekly and Daily overview Charts
PINC Weekly chart
PINC Daily chart
Setup Rating and Analysis

7

Although the technical rating is bad, PINC does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 20.70, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

20.32

26.49

We found 1 important support area.

  • A support zone ranging from 20.53 to 20.70. This zone is formed by a combination of multiple trend lines in multiple time frames.

4 important resistance areas can be observed.

  • A resistance zone ranging from 20.94 to 21.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 21.84 to 22.32. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • A resistance zone ranging from 22.75 to 22.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @26.23 from a trend line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.38
Mansfield-1.89
10 Day High21.39
10 Day Low20.47
20 Day High21.65
20 Day Low20.47
52 Week High28.3
52 Week Low18.89
Performance
1 Week-2.08%
2 Weeks-1.57%
1 Month-2.95%
3 Month-2.45%
6 Month7.92%
12 Month-23.49%
2 Year-44.61%
3 Year-37.21%
5 Year-43.62%
10 Year-30.09%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.01
RSI(14)44.55
LBB20.52
UBB21.35
PINC Daily chart

PREMIER INC-CLASS A

NASDAQ:PINC (5/6/2024, 7:21:18 PM)

After market: 20.72 0 (0%)

20.72

+0.19 (+0.93%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg0.93%
1 Week-2.08%
2 Weeks-1.57%
1 Month-2.95%
3 Month-2.45%
6 Month7.92%
12 Month-23.49%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.44
ATR(20)%2.09%
ATR Inc
Range Today0.22
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High21.39
10 Day Low20.47
20 Day High21.65
20 Day Low20.47
52 Week High28.3
52 Week Low18.89
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.17M
Volume Incr25.03%
Vol(5)1.43M
Vol(50)1.69M