Technical Analysis for ABC - AmerisourceBergen Corporation (Holding Co)

Grade Last Price % Change Price Change
B 121.31 1.23% 1.47
ABC closed up 1.23 percent on Friday, July 23, 2021, on approximately 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.
Earnings due: Aug 3
*** please verify all earnings dates ***

Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
MACD Bullish Centerline Cross Bullish 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
Stochastic Reached Overbought Strength 0.00%
Upper Bollinger Band Walk Strength 0.00%
Multiple of Ten Bullish Other 0.00%
Above Upper BB Strength 0.00%
Overbought Stochastic Strength 0.00%
Up 3 Days in a Row Strength 0.00%
Up 4 Days in a Row Strength 0.00%
Pocket Pivot Bullish Swing Setup 1.23%
Older End-of-Day Signals for ABC ...

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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.


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


Indicator Value
52 Week High 125.85
52 Week Low 92.0
Average Volume 975,112
200-Day Moving Average 109.57
50-Day Moving Average 116.59
20-Day Moving Average 115.55
10-Day Moving Average 115.78
Average True Range 2.27
ADX 22.04
+DI 36.94
-DI 18.91
Chandelier Exit (Long, 3 ATRs) 115.76
Chandelier Exit (Short, 3 ATRs) 118.14
Upper Bollinger Bands 119.89
Lower Bollinger Band 111.21
Percent B (%b) 1.16
BandWidth 7.51
MACD Line 0.41
MACD Signal Line -0.40
MACD Histogram 0.8076
Fundamentals Value
Market Cap 24.78 Billion
Num Shares 204 Million
EPS 7.53
Price-to-Earnings (P/E) Ratio 16.11
Price-to-Sales 0.11
Price-to-Book 5.58
PEG Ratio 3.39
Dividend 1.76
Dividend Yield 1.45%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 125.29
Resistance 3 (R3) 125.26 123.91 124.62
Resistance 2 (R2) 123.91 122.90 123.92 124.40
Resistance 1 (R1) 122.61 122.27 123.26 122.64 124.18
Pivot Point 121.26 121.26 121.59 121.27 121.26
Support 1 (S1) 119.96 120.25 120.61 119.99 118.44
Support 2 (S2) 118.61 119.62 118.62 118.22
Support 3 (S3) 117.31 118.61 118.00
Support 4 (S4) 117.34