| AmerisourceBergen is a pharmaceutical sourcing and distribution services company. Co.'s Pharmaceutical Distribution Services segment provides pharmaceutical distribution and additional services to physicians who focus on a variety of disease states, especially oncology, and to other healthcare providers, including hospitals and dialysis clinics. Additionally, this segment provides data analytics, outcomes research, and additional services for biotechnology and pharmaceutical manufacturers. This segment also provides pharmacy management, staffing and additional consulting services, and supply management software to a variety of retail and institutional healthcare providers. |
When researching a stock like AmerisourceBergen, many investors are the most familiar with Fundamental Analysis — looking at a company's balance sheet, earnings, revenues, and what's happening in that company's underlying business. Investors who use Fundamental Analysis to identify good stocks to buy or sell can also benefit from ABC Technical Analysis to help find a good entry or exit point. Technical Analysis is blind to the fundamentals and looks only at the trading data for ABC stock — the real life supply and demand for the stock over time — and examines that data in different ways. One of those ways is to calculate a Simpe Moving Average ("SMA") by looking back a certain number of days. One of the most popular "longer look-backs" is the ABC 200 day moving average ("ABC 200 DMA"), while one of the most popular "shorter look-backs" is the ABC 50 day moving average ("ABC 50 DMA"). A chart showing both of these popular moving averages is shown on this page for AmerisourceBergen. Comparing two moving averages against each other can be a useful visualization tool: by calculating the difference between the ABC 200 DMA and the ABC 50 DMA, we get a moving average convergence divergence indicator ("ABC MACD"). The ABC MACD chart, in conjunction with the chart of the moving averages, basically helps in visualizing how the moving averages are showing convergence (moving closer together), or divergence (moving farther apart).