Technical Analysis for ABC - AmerisourceBergen Corporation (Holding Co)

Grade Last Price % Change Price Change
C 119.86 -0.21% -0.25
ABC closed down 0.21 percent on Friday, October 15, 2021, on 1.3 times normal volume. It ran into resistance at its 50 day moving average.
Earnings due: Nov 3
*** please verify all earnings dates ***

Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
20 DMA Resistance Bearish 0.00%
50 DMA Resistance Bearish 0.00%
Cup with Handle Other 0.00%
Multiple of Ten Bearish Other 0.00%
20 DMA Resistance Bearish -0.21%
Multiple of Ten Bullish Other -0.21%
Hammer Candlestick Bullish 0.86%
Cup with Handle Other 0.86%
Doji - Bullish? Reversal 0.86%
Lower Bollinger Band Touch Weakness 0.86%
Older End-of-Day Signals for ABC ...

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Profile

AmerisourceBergen Corporation (Holding Co) Description

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.


Classification

Sector: Healthcare
Industry: Medical Distribution
Keywords: S&P 500 Biotechnology Disease Pharmacy Clinics Healthcare Providers Healthcare Services Healthcare Service Healthcare Industry Inventory Management Healthcare Products Healthcare Product Acute Care Hospitals Health Systems Packaging Solutions Pharmaceutical Manufacturers Supply Management Generic Pharmaceutical Reimbursement Third Party Logistics Retail Pharmacies Blood Products Generic Pharmaceuticals Pharmaceutical Services Cardinal Health Pharmacy Automation 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

Indicators

Indicator Value
52 Week High 128.87
52 Week Low 92.235
Average Volume 758,043
200-Day Moving Average 115.71
50-Day Moving Average 120.97
20-Day Moving Average 120.44
10-Day Moving Average 119.27
Average True Range 2.60
ADX 16.37
+DI 22.63
-DI 24.67
Chandelier Exit (Long, 3 ATRs) 119.17
Chandelier Exit (Short, 3 ATRs) 122.54
Upper Bollinger Bands 123.83
Lower Bollinger Band 117.05
Percent B (%b) 0.41
BandWidth 5.63
MACD Line -0.57
MACD Signal Line -0.54
MACD Histogram -0.0296
Fundamentals Value
Market Cap 24.48 Billion
Num Shares 204 Million
EPS 7.53
Price-to-Earnings (P/E) Ratio 15.92
Price-to-Sales 0.11
Price-to-Book 5.58
PEG Ratio 3.39
Dividend 1.76
Dividend Yield 1.47%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 122.70
Resistance 3 (R3) 122.98 122.33 122.22
Resistance 2 (R2) 122.33 121.60 122.18 122.06
Resistance 1 (R1) 121.09 121.16 120.77 120.81 121.91
Pivot Point 120.44 120.44 120.27 120.29 120.44
Support 1 (S1) 119.20 119.71 118.88 118.92 117.81
Support 2 (S2) 118.55 119.27 118.40 117.66
Support 3 (S3) 117.31 118.55 117.50
Support 4 (S4) 117.03