Technical Analysis for ABC - AmerisourceBergen Corporation (Holding Co)

Grade Last Price % Change Price Change
grade D 78.04 -0.71% -0.56
ABC closed down 0.71 percent on Monday, August 21, 2017, on approximately normal volume. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
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Trend Table & Recent Alerts
ADX Long-Term Intermediate-Term Short-Term
Strong Down Down Down
See historical ABC trend table...

Date Alert Name Type % Chg
Aug 21 Narrow Range Bar Range Contraction 0.00%
Aug 17 Shooting Star Candlestick Bearish -2.38%
Aug 17 1,2,3 Retracement Bearish Bearish Swing Setup -2.38%
Aug 17 Non-ADX 1,2,3,4 Bearish Bearish Swing Setup -2.38%
Aug 16 1,2,3 Retracement Bearish Bearish Swing Setup -2.03%

Older signals for ABC ...

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Basic chart:

Profile
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.
Is ABC a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 0 bullish, 4 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 97.3976
52 Week Low 67.1773
Average Volume 1,503,313
200-Day Moving Average 85.4947
50-Day Moving Average 89.68
20-Day Moving Average 84.2894
10-Day Moving Average 79.3135
Average True Range 1.8263
ADX 37.41
+DI 14.45
-DI: 39.91
Chandelier Exit (Long, 3 ATRs) 89.1914
Chandelier Exit (Short, 3 ATRs) 83.2477
Upper Bollinger Band 97.1323
Lower Bollinger Band 71.4465
Percent B (%b) 0.26
Bandwidth 0.304733
MACD Line -3.4907
MACD Signal Line -3.2036
MACD Histogram -0.2871