PREMIER INC-CLASS A (PINC)

US74051N1028 - Common Stock

21.57  -0.23 (-1.06%)

Technical Rating and Analysis

5

Taking everything into account, PINC scores 5 out of 10 in our technical rating. In the last year, PINC was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.

In the last month PINC has a been trading in the 21.05 - 23.04 range, which is quite wide. It is currently trading near the lows of this range.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the performance of all stocks over the past year, PINC turns out to be only a medium performer in the overall market: it outperformed 58% of all stocks.
PINC is part of the Health Care Providers & Services industry. There are 107 other stocks in this industry, PINC did better than 60% of them.
PINC is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so PINC is lagging the market slightly.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
PINC Weekly chart
PINC Daily chart
Setup Rating and Analysis

8

Although the technical rating is only medium, PINC does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 22.40. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 21.69, 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

18.89

23.57

4 important support areas can be observed.

  • A support zone ranging from 21.37 to 21.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @20.64 from a horizontal line in the daily time frame.
  • A support zone ranging from 19.51 to 20.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 19.08 to 19.19. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 22.40 to 22.90. This zone is formed by a combination of multiple trend lines in the weekly time frame.
  • A resistance zone ranging from 23.34 to 23.34. This zone is formed by a combination of multiple trend lines in the daily 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
CRS58.15
Mansfield-0.44
10 Day High22.08
10 Day Low21.05
20 Day High23.04
20 Day Low21.05
52 Week High23.56
52 Week Low17.95
Performance
1 Week1.35%
2 Weeks0.46%
1 Month-5.01%
3 Month9.05%
6 Month16.76%
12 Month-2.5%
2 Year-37.68%
3 Year-47.05%
5 Year-42.45%
10 Year-34.98%
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)-0.03
RSI(14)50.7
LBB21.16
UBB22.07
PINC Daily chart

PREMIER INC-CLASS A

NASDAQ:PINC (12/30/2024, 12:23:57 PM)

21.57

-0.23 (-1.06%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg-1.06%
1 Week1.35%
2 Weeks0.46%
1 Month-5.01%
3 Month9.05%
6 Month16.76%
12 Month-2.5%
2 Year-37.68%
3 Year-47.05%
5 Year-42.45%
10 Year-34.98%
15 YearN/A
Volatility
ATR(14)0.47
ATR(20)%2.12%
ATR Inc-14.31%
Range Today0.25
ADR(20)0.45
ADR(20)%2.09%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS58.15
Mansfield-0.44
10 Day High22.08
10 Day Low21.05
20 Day High23.04
20 Day Low21.05
52 Week High23.56
52 Week Low17.95
CS1 End21.69
CR1 Start22.4
Volume & EV
DER(3)-1.94%
DER(5)-2.07%
Volume277.75K
Volume Incr120.73%
Vol(5)1.73M
Vol(50)924.20K