Technical Analysis for ABC - AmerisourceBergen Corporation (Holding Co)

Grade Last Price % Change Price Change
grade D 84.85 -2.24% -1.94
ABC closed down 2.24 percent on Friday, December 13, 2019, on 89 percent of normal volume. The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Down Down
See historical ABC trend table...

Date Alert Name Type % Chg
Fell Below 50 DMA Bearish 0.00%
MACD Bearish Centerline Cross Bearish 0.00%
Expansion Pivot Sell Setup Bearish Swing Setup 0.00%
Cup with Handle Other 0.00%
Bollinger Band Squeeze Range Contraction 0.00%
BB Squeeze + Lower Band Touch Range Contraction 0.00%
Below Lower BB Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Cup with Handle Other -2.24%
Bollinger Band Squeeze Range Contraction -2.24%
Older signals for ABC ...

Free Daily (Stock) Chart Reading

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.
Configure default chart indicators
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.
Biotechnology Health Disease Pharmacy Healthcare Providers Pharmaceutical Industry In China Healthcare Industry Pharmaceuticals Policy Inventory Management Health Systems Pharmaceutical Manufacturers Blood Products Specialty Drugs In The United States Cardinal Health Packaging Solutions

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 94.75
52 Week Low 69.36
Average Volume 1,101,467
200-Day Moving Average 83.04
50-Day Moving Average 86.16
20-Day Moving Average 87.75
10-Day Moving Average 87.11
Average True Range 1.94
ADX 12.27
+DI 17.33
-DI 26.31
Chandelier Exit (Long, 3 ATRs ) 84.99
Chandelier Exit (Short, 3 ATRs ) 90.54
Upper Bollinger Band 90.20
Lower Bollinger Band 85.31
Percent B (%b) -0.09
BandWidth 5.57
MACD Line -0.03
MACD Signal Line 0.37
MACD Histogram -0.4056
Fundamentals Value
Market Cap 18.6 Billion
Num Shares 219 Million
EPS 3.84
Price-to-Earnings (P/E) Ratio 22.10
Price-to-Sales 0.11
Price-to-Book 6.76
PEG Ratio 1.63
Dividend 1.46
Dividend Yield 1.72%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 89.12
Resistance 3 (R3) 89.57 88.59 88.41
Resistance 2 (R2) 88.59 87.50 88.36 88.17
Resistance 1 (R1) 86.72 86.83 86.23 86.27 87.93
Pivot Point 85.74 85.74 85.49 85.52 85.74
Support 1 (S1) 83.87 84.65 83.38 83.43 81.77
Support 2 (S2) 82.89 83.98 82.67 81.53
Support 3 (S3) 81.02 82.89 81.29
Support 4 (S4) 80.58