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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.

Open High Low ABC Price Change
154.68 155.72 154.50 155.47 +1.61
Entry Signal

MarketClub’s Trade Triangles for ABC

long term down The long-term trend has been DOWN since Mar 8th, 2023 at 153.015

intermediate term down The intermediate-term trend has been DOWN since Feb 3rd, 2023 at 157.640

short term up 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).

Smart Scan Analysis for ABC
Strong Downtrend Sideways 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 High106.27Year High Date2018-01-29
Year Low77.28Year Low Date2018-08-02
52wk High174.6352wk High Date2022-12-02
52wk Low135.1452wk Low Date2022-09-30
Year End Close43.18Average Volume1,304,548
Shares Outstanding202,258Short Interest8,383,125
% Institutional93.7Market Cap18,288M
P/E Ratio18.6497Beta0.63
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