Question 1

What implications does the 10-day RSI indicator have for PINC?

Accepted Answer

The 10-day RSI Indicator for PINC moved out of overbought territory on August 02, 2024. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 26 similar instances where the indicator moved out of overbought territory. In 15 of the 26 cases, the stock moved lower in the following days. This puts the odds of a move lower at 0%.

Question 2

What does the Stochastic Oscillator suggest about PINC's trend?

Accepted Answer

On August 15, 2024, the Stochastic Oscillator for PINC moved out of oversold territory and this could be a bullish sign for the stock. Traders may want to buy the stock or buy call options. Tickeron's A.I.dvisor looked at 66 instances where the indicator left the oversold zone. In 33 of the 66 cases the stock moved higher in the following days. This puts the odds of a move higher at over 0%.

Question 3

How did PINC's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved above the 0 level on August 19, 2024. You may want to consider a long position or call options on PINC as a result. In 59 of 99 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 0%.

Question 4

What does MACD indicator imply for PINC?

Accepted Answer

The Moving Average Convergence Divergence Histogram (MACD) for PINC turned negative on August 06, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 50 similar instances when the indicator turned negative. In 30 of the 50 cases the stock turned lower in the days that followed. This puts the odds of success at 0%.

Question 5

What does a 3-day price advance indicate for PINC?

Accepted Answer

Following a +2.39% 3-day Advance, the price is estimated to grow further. Considering data from situations where PINC advanced for three days, in 159 of 318 cases, the price rose further within the following month. The odds of a continued upward trend are 0%.

Question 6

What does a 3-day decline signify for PINC's future price movement?

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where PINC declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 56%.

Question 7

How does the Aroon Indicator reflect on PINC's trend?

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 84 of 189 cases where PINC Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 0%.

PINC Stock Premier (PINC, $19.41) RSI Indicator left the oversold zone on May 07, 2024

PINC sees its Stochastic Oscillator ascends from oversold territory

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