Overall PINC gets a technical rating of 8 out of 10. 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.
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
23.37
3 important support areas can be observed.
- 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.
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. |
28.26
+0.09 (+0.32%)
PREMIER INC-CLASS A / PINC FAQ
Can you provide the ChartMill technical rating for PREMIER INC-CLASS A?
ChartMill assigns a technical rating of 8 / 10 to PINC.
Can you provide the trend direction for PREMIER INC-CLASS A?
The current trend direction for PREMIER INC-CLASS A (PINC) is Bullish.
Can you provide the RSI signal for PREMIER INC-CLASS A?
PREMIER INC-CLASS A (PINC) has an RSI value of 64.993. This indicates that the stock is currently neutral.
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.
What is the support and resistance level for PINC stock?
PREMIER INC-CLASS A (PINC) has a support level at 28.25 and a resistance level at 28.27. Check the full technical report for our detailed analysis of PINC support and resistance levels.