Technical Analysis for ABC - AmerisourceBergen Corporation (Holding Co)

Grade Last Price % Change Price Change
grade B 91.88 -3.13% -2.97
ABC closed up 1.61 percent on Friday, June 15, 2018, on 1.39 times normal volume. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.

Trend Table & Recent Alerts
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Up Up Up
See historical ABC trend table...

Date Alert Name Type % Chg
Jun 15 Upper Bollinger Band Walk Strength -3.13%
Jun 15 Above Upper BB Strength -3.13%
Jun 15 Overbought Stochastic Strength -3.13%
Jun 15 Up 3 Days in a Row Strength -3.13%
Jun 15 Up 4 Days in a Row Strength -3.13%
Jun 15 Up 5 Days in a Row Strength -3.13%
Jun 15 Upper Bollinger Band Touch Strength -3.13%
Jun 14 Upper Bollinger Band Walk Strength -1.57%
Jun 14 Above Upper BB Strength -1.57%
Jun 14 Overbought Stochastic Strength -1.57%

Older signals for ABC ...

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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: 3 bullish, 0 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 106.27
52 Week Low 71.9
Average Volume 1,470,092
200-Day Moving Average 87.8748
50-Day Moving Average 87.5096
20-Day Moving Average 86.1235
10-Day Moving Average 88.313
Average True Range 2.4261
ADX 15.52
+DI 33.99
-DI 13.98
Chandelier Exit (Long, 3 ATRs ) 87.6017
Chandelier Exit (Short, 3 ATRs ) 89.2483
Upper Bollinger Band 92.7163
Lower Bollinger Band 79.5307
Percent B (%b) 1.16
BandWidth 15.310107
MACD Line 1.3139
MACD Signal Line 0.0718
MACD Histogram 1.2421
Fundamentals Value
Market Cap 20.79 Billion
Num Shares 219 Million
EPS 3.84
Price-to-Earnings (P/E) Ratio 24.70
Price-to-Sales 0.11
Price-to-Book 6.76
PEG Ratio 1.63
Dividend 1.46
Dividend Yield 1.54%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 99.17
Resistance 3 (R3) 98.70 96.79 98.45
Resistance 2 (R2) 96.79 95.69 97.03 98.21
Resistance 1 (R1) 95.82 95.01 96.31 96.29 97.97
Pivot Point 93.91 93.91 94.15 94.15 93.91
Support 1 (S1) 92.94 92.81 93.43 93.41 91.73
Support 2 (S2) 91.03 92.13 91.27 91.49
Support 3 (S3) 90.06 91.03 91.25
Support 4 (S4) 90.53