Technical Analysis for ABC - AmerisourceBergen Corporation (Holding Co)
|Grade||Last Price||% Change||Price Change|
ABC closed up 1.07 percent on Thursday, April 27, 2017, on approximately normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions.
Earnings due: May 4
Trend Table & Recent Alerts
|See historical ABC trend table...|
|Date||Alert Name||Type||% Chg|
|Apr 27||NR7||Range Contraction||0.00%|
|Apr 27||NR7-2||Range Contraction||0.00%|
|Apr 26||NR7||Range Contraction||1.07%|
|Apr 26||Lower Bollinger Band Walk||Other||1.07%|
|Apr 26||Slingshot Bearish||Bearish Swing Setup||1.07%|
|Apr 26||180 Bearish Setup||Bearish Swing Setup||1.07%|
|Apr 26||Calm After Storm||Range Contraction||1.07%|
|Apr 25||Hammer Candlestick||Bullish||0.77%|
|Apr 25||New Downtrend||Bearish||0.77%|
|Apr 25||Lower Bollinger Band Walk||Other||0.77%|
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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||94.12|
|52 Week Low||67.78|
|200-Day Moving Average||83.561|
|50-Day Moving Average||87.7088|
|20-Day Moving Average||85.231|
|10-Day Moving Average||82.715|
|Average True Range||1.5105|
|Chandelier Exit (Long, 3 ATRs)||85.3485|
|Chandelier Exit (Short, 3 ATRs)||83.9315|
|Upper Bollinger Band||91.1109|
|Lower Bollinger Band||79.3511|
|Percent B (%b)||0.24|