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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.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

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).

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
P/E Ratio20.5112Beta0.63
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