Technical Analysis for ABC - AmerisourceBergen Corporation (Holding Co)

Grade Last Price % Change Price Change
grade B 102.87 0.75% 0.77
ABC closed up 0.48 percent on Friday, August 7, 2020, on 65 percent of normal volume.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Flat
Historical ABC trend table...

Date Alert Name Type % Chg
Bollinger Band Squeeze Range Contraction 0.75%
BB Squeeze Started Range Contraction 0.75%
Fell Below 20 DMA Bearish 1.24%
Slingshot Bullish Bullish Swing Setup 1.24%
Earnings Movers Other 1.24%
Shooting Star Candlestick Bearish -0.61%
New 52 Week High Strength -0.61%
Stochastic Reached Overbought Strength -0.61%
Earnings Movers Other -0.61%
Overbought Stochastic Strength -0.61%

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AmerisourceBergen Corporation, a pharmaceutical services company, provides drug distribution and related healthcare services and solutions to pharmacy, physician, and manufacturer customers primarily in the United States and Canada. The company distributes brand-name and generic pharmaceuticals, over-the-counter healthcare products, home healthcare supplies and equipment, and related services to various healthcare providers, including acute care hospitals and health systems, independent and chain retail pharmacies, mail order pharmacies, medical clinics, long-term care and other alternate site pharmacies, and other customers. It also offers pharmacy automation, inventory management, reimbursement and pharmaceutical consulting, staffing, logistics, and pharmacy management services to healthcare providers and pharmaceutical manufacturers. In addition, the company provides scalable automated pharmacy dispensing equipment, medication and supply dispensing cabinets, and supply management software to various retail and institutional healthcare providers. Further, it offers pharmaceutical distribution and other services to physicians, who specialize in various disease states; distributes plasma and other blood products, injectible pharmaceuticals, and vaccines; and provides third party logistics, reimbursement support programs, outcomes research, contract field staffing, patient and copay assistance, adherence programs, risk mitigation, and other market access programs and services to pharmaceutical and biotechnology manufacturers. Additionally, the company delivers packaging solutions to institutional and retail healthcare providers. It operates through a network of distribution service centers and other operations. AmerisourceBergen Corporation was founded in 1985 and is headquartered in Chesterbrook, Pennsylvania.
Biotechnology Health Disease Pharmacy Healthcare Providers Pharmaceuticals Policy Healthcare Industry Inventory Management Health Systems Pharmaceutical Manufacturers Blood Products Cardinal Health Packaging Solutions Specialty Drugs In The United States

Is ABC a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength


Indicator Value
52 Week High 106.45
52 Week Low 72.0583
Average Volume 1,136,993
200-Day Moving Average 90.79
50-Day Moving Average 100.31
20-Day Moving Average 102.60
10-Day Moving Average 102.83
Average True Range 2.57
ADX 12.7
+DI 20.54
-DI 21.83
Chandelier Exit (Long, 3 ATRs ) 98.74
Chandelier Exit (Short, 3 ATRs ) 102.47
Upper Bollinger Band 106.30
Lower Bollinger Band 98.90
Percent B (%b) 0.43
BandWidth 7.21
MACD Line 0.92
MACD Signal Line 1.20
MACD Histogram -0.2866
Fundamentals Value
Market Cap 22.38 Billion
Num Shares 219 Million
EPS 3.84
Price-to-Earnings (P/E) Ratio 26.59
Price-to-Sales 0.11
Price-to-Book 6.76
PEG Ratio 1.63
Dividend 1.46
Dividend Yield 1.43%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 104.61
Resistance 3 (R3) 104.36 103.28 104.19
Resistance 2 (R2) 103.28 102.64 103.40 104.05
Resistance 1 (R1) 102.69 102.25 102.99 102.94 103.91
Pivot Point 101.61 101.61 101.76 101.73 101.61
Support 1 (S1) 101.02 100.97 101.32 101.27 100.29
Support 2 (S2) 99.94 100.58 100.06 100.15
Support 3 (S3) 99.35 99.94 100.01
Support 4 (S4) 99.60