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Stock Trend Analysis Report
Prepared for you on Tuesday, March 21, 2023.
AmerisourceBergen Corporation (NYSE:ABC)
Sidelines Mode (-55) - ABC is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.
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MarketClub’s Trade Triangles for ABC
The long-term trend has been DOWN since Mar 8th, 2023 at 153.015
The intermediate-term trend has been DOWN since Feb 3rd, 2023 at 157.640
The short-term trend has been UP since Mar 16th, 2023 at 151.840
Smart Scan Analysis for ABC
Based on our trend formula, ABC is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 154.68 | 155.72 | 154.50 | 155.47 | +1.61 |
| Prev. Close | Volume | Bid | Ask | Time |
| 153.86 | 593296 | 2023-03-21 14:22:15 |
| Year High | 106.27 | Year High Date | 2018-01-29 |
| Year Low | 77.28 | Year Low Date | 2018-08-02 |
| 52wk High | 174.63 | 52wk High Date | 2022-12-02 |
| 52wk Low | 135.14 | 52wk Low Date | 2022-09-30 |
| Year End Close | 43.18 | Average Volume | 1,304,548 |
| Shares Outstanding | 202,258 | Short Interest | 8,383,125 |
| % Institutional | 93.7 | Market Cap | 18,288M |
| Assets | 579,068,930M | Liabilities | 580,850,240M |
| P/E Ratio | 18.6497 | Beta | 0.63 |
| Volatility | 36.34 |