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Amerisourcebergen $ABC Technical Update

The Amerisourcebergen (NYSE: ABC) update and the technical summary table below can help you manage risk and optimize returns. We have day, swing, and longer-term trading plans for ABC, and 1300 other stocks too, updated in real time for our trial subscribers. The data below is a snapshot, but updates are available now.

Technical Summary

Term →Near Mid Long
Rating Neutral Weak Neutral
P1 75.74 65.32 72.02
P2 76.76 74.10 82.82
P3 78.29 82.14 93.55
Triggers may have already come
Support and Resistance Plot Chart for ABC

Long Term Trading Plans for ABC

January 18, 2019, 11:15 pm ET

The Technical Summary and Trading Plans for ABC help you determine where to buy, sell, and set risk controls. The data is best used in conjunction with our Market Analysis and Stock Correlation Filters too, because those help us go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis with this ABC Report.

ABC - (Long) Support Plan

The technical summary data tells us to buy ABC near 72.02 with an upside target of 82.82. This data also tells us to set a stop loss @ 71.76 to protect against excessive loss in case the stock begins to move against the trade. 72.02 is the first level of support below 79.86 , and by rule, any test of support is a buy signal. In this case, support 72.02 would be being tested, so a buy signal would exist.

ABC - (Short) Resistance Plan

The technical summary data is suggesting a short of ABC as it gets near 82.82 with a downside target of 72.02. We should have a stop loss in place at 83.08 though. 82.82 is the first level of resistance above 79.86, and by rule, any test of resistance is a short signal. In this case, if resistance 82.82 is being tested, so a short signal would exist.


ABC Long Term Analysis


ABC EPS Analysis

ABC Dividend Chart

ABC Revenue chart

ABC Growth rate - Quarterly

ABC Growth rate - Yearly

ABC PE chart

ABC PEG chart