Weekly Technical Analysis of AmerisourceBergen (ABC) with Strength & Direction
Code | Price | Previous Price | Price Change | Latest Volume | 5 Period Avg Volume | ABC | 175.98 | 179.48 | 1.95 % | 3360 K | 8923 K |
AIO Technical Analysis of AmerisourceBergen suggests
Bearish Signal
Type | Strength | Signal | Analysis |
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PriceVol | | Mild Bearish | Last Few Session - Caution : Falling Price with but volume not supporting. |
OneDay | | Mild Bearish | Latest Tick - Strong price drop. Caution keep a Tab on volume. |
PSAR | | Bearish | Bearish Crossover and sustaining.. |
CCI | | Bearish | CCI is suggesting nice downward trend |
HighLowBand | | Strong Bearish | Negative Breakout |
StochRsiSmooth | | Bearish | Stoch RSI is in Text book Oversold level of 20.0 but downtrend seems to be strong. Contrary to theoretical knowledge a long position at this point may be dangerous and further downward momentum is likely |
SlowStoChastic | | Bearish | Slow Stochatic shows downward trend and has crossed central line of 50.0 and has momentum to move further down |
ADX | | Bearish | Bearish Reversal. |
HighLowMABand | | Strong Bearish | Negative Breakout |