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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.

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NYSE_ABC
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).

+60
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
Assets407,897,030MLiabilities369,324,510M
P/E Ratio12.5363Beta0.63
Volatility36.34
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