Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Monday, May 17, 2021.

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.

NYSE_ABC
Open High Low ABC Price Change
116.31 118.54 113.87 118.49 +1.97
Entry Signal

MarketClub’s Trade Triangles for ABC

long term up The long-term trend has been UP since Nov 4th, 2020 at 106.45

intermediate term down The intermediate-term trend has been DOWN since May 6th, 2021 at 116.26

short term down The short-term trend has been DOWN since May 14th, 2021 at 119.09

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
116.31 118.54 113.87 118.49 +1.97
Prev. Close Volume Bid Ask Time
116.52 571147 2021-05-17 13:02:57
Year High106.27Year High Date2018-01-29
Year Low77.28Year Low Date2018-08-02
52wk High125.8652wk High Date2021-05-04
52wk Low83.0552wk Low Date2020-05-15
Year End Close43.18Average Volume1,209,211
Shares Outstanding205,411Short Interest8,383,125
% Institutional93.7Market Cap18,288M
Assets470,032,500MLiabilities472,850,060M
P/E Ratio-6.6116Beta0.63
Volatility36.34
Get a free daily analysis and signals for AmerisourceBergen Corp (ABC) - Request Your Free Report.