Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Monday, October 19, 2020.

AmerisourceBergen Corp (NYSE:ABC)

Crossroads (+60) - ABC is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid ABC?

MarketClub looks at technical strength and momentum to determine if the timing is right for ABC.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open High Low ABC Price Change
99.560 100.715 97.180 97.810 -1.710
Entry Signal

MarketClub’s Trade Triangles for ABC

long term down The long-term trend has been DOWN since Sep 24th, 2020 at 92.57

intermediate term up The intermediate-term trend has been UP since Sep 28th, 2020 at 97.96

short term up The short-term trend has been UP since Oct 14th, 2020 at 98.99

Smart Scan Analysis for ABC

Based on our trend formula, ABC is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for ABC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
99.560 100.715 97.180 97.810 -1.710
Prev. Close Volume Bid Ask Time
94.900 419317 2020-10-19 15:59:52
Year High106.27Year High Date2018-01-29
Year Low77.28Year Low Date2018-08-02
52wk High106.4552wk High Date2020-08-05
52wk Low72.058352wk Low Date2020-03-23
Year End Close43.18Average Volume925,486
Shares Outstanding204,142Short Interest8,383,125
% Institutional93.7Market Cap18,288M
P/E Ratio12.5363Beta0.63
Get a free daily analysis and signals for AmerisourceBergen Corp (ABC) - Request Your Free Report.