Premier Inc. saw a positive improvement to its Relative Strength (RS) Rating on Tuesday, rising from 68 to 74.
IBD's proprietary rating tracks price movement with a 1 (worst) to 99 (best) score. The score shows how a stock's price behavior over the trailing 52 weeks compares to all the other stocks in our database.
Decades of market research reveals that the market's biggest winners often have an RS Rating north of 80 in the early stages of their moves. See if Premier Inc. can continue to show renewed price strength and hit that benchmark.
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Premier Inc. is trying to complete a cup without handle with a 23.56 entry. See if it can clear the breakout price in heavy trading.
The company reported negative growth for both sales and earnings last quarter. The company is expected to report its next quarterly numbers on or around Feb. 4.
The company holds the No. 3 rank among its peers in the Commercial Services-Healthcare industry group. Corvel is the No. 1-ranked stock within the group.
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