In its most recent trading session, Premier, Inc. (NASDAQ:PINC) dropped by -1.4% – here is what that looked like (as of 2019-12-24):
Why are these moves happning?? To understand this better, it is helpful to analyze some technical indicators. The most interesting and telling are these ones:
A Money Flow Index (MFI) of 100.0, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of 100.0, a Moving Average Convergence Divergence (MACD) of -0.005, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.655, an Accumulation/Distribution Index (ADI) of 0.655, an On-Balance Volume (OBV) of 219.708, and a Chaiikin Money Flow (CMF) of -39.32. 4.655
Now let’s take all these indicators into account. According to Trading View, this is what it all means:
So there you have it – our analysis of Premier, Inc. (NASDAQ:PINC). That’s what we have now, but please BE EDUCATED! Do your own research, and absolutely do not rely solely on the above – investigate things for yourself.