PREMIER INC-CLASS A (PINC) Stock Technical Analysis
NASDAQ:PINC - Nasdaq - US74051N1028 - Common Stock - Currency: USD
Overall PINC gets a technical rating of 3 out of 10. In the past year, PINC was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
62% of all other stocks performed better in the past year than PINC.
PINC is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
PINC has an average volume of 1479600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
PINC is an average performer in the Health Care Providers & Services industry, it outperforms 52% of 105 stocks in the same industry.
PINC is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
PINC has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 19.58. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 19.50, a Stop Loss order could be placed below this zone.
More info and screens
17.29
23.57
We found 2 important support areas.
- A support zone ranging from 19.32 to 19.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @17.46 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 19.58 to 19.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @21.91 from a trend line in the weekly time frame.
- Resistance @22.75 from a horizontal line in the weekly time frame.
- Resistance @23.34 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS38.94
Mansfield0.44
10 Day High20.05
10 Day Low18.69
20 Day High20.05
20 Day Low18.69
52 Week High23.56
52 Week Low17.23
Performance
1 Week0.2%
2 Weeks2.14%
1 Month2.51%
3 Month-12.59%
6 Month-0.96%
12 Month-6.63%
2 Year-41.28%
3 Year-45.95%
5 Year-40.98%
10 Year-48.36%
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
RSI(14)57.3
LBB19
UBB19.76
19.57
+0.25 (+1.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg1.29%
1 Week0.2%
2 Weeks2.14%
1 Month2.51%
3 Month-12.59%
6 Month-0.96%
12 Month-6.63%
2 Year-41.28%
3 Year-45.95%
5 Year-40.98%
10 Year-48.36%
15 YearN/A
Volatility
ATR(14)0.57
ATR(20)%2.59%
ATR Inc-43.2%
Range Today0.36
ADR(20)0.5
ADR(20)%2.57%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS38.94
Mansfield0.44
10 Day High20.05
10 Day Low18.69
20 Day High20.05
20 Day Low18.69
52 Week High23.56
52 Week Low17.23
CS1 End19.5
CR1 Start19.58
Volume & EV
DER(3)-1.64%
DER(5)-2.21%
Volume1.09M
Volume Incr-38.81%
Vol(5)1.03M
Vol(50)1.48M