Technical Analysis for ABC - AmerisourceBergen Corporation (Holding Co)
|Grade||Last Price||% Change||Price Change|
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.
Trend Table & Recent Alerts
|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%|
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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.
Is ABC a Buy, Sell or Hold?
|Indicator||Bull Case||Neutral / Hold||Bear Case|
|Oversold / Overbought|
|Summary:||Counts: 0 bullish, 4 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies.|
See more ABC news...
|52 Week High||97.3976|
|52 Week Low||67.1773|
|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|
|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|
|MACD Signal Line||-3.2036|