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Stock Trend Analysis Report

Prepared for you on Sunday, January 29, 2023.

AmerisourceBergen Corporation (NYSE:ABC)

Weak Uptrend (+65) - ABC is showing signs of weakening momentum to the upside. Monitor ABC as it may be in the beginning stages of a reversal.

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
165.610 166.655 163.670 164.110 -0.800
Entry Signal

MarketClub’s Trade Triangles for ABC

long term up The long-term trend has been UP since Oct 26th, 2022 at 153.35

intermediate term down The intermediate-term trend has been DOWN since Jan 3rd, 2023 at 163.74

short term up The short-term trend has been UP since Jan 26th, 2023 at 163.56

Smart Scan Analysis for ABC

Based on our trend formula, ABC is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for ABC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
165.610 166.655 163.670 164.110 -0.800
Prev. Close Volume Bid Ask Time
164.910 1240750 2023-01-27 15:59:34
Year High106.27Year High Date2018-01-29
Year Low77.28Year Low Date2018-08-02
52wk High174.6352wk High Date2022-12-02
52wk Low131.0352wk Low Date2022-01-27
Year End Close43.18Average Volume1,301,503
Shares Outstanding205,669Short Interest8,383,125
% Institutional93.7Market Cap18,288M
Assets565,606,160MLiabilities567,721,750M
P/E Ratio20.5112Beta0.63
Volatility36.34
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