Monday, July 27, 2009

AmerisourceBergen (ABC) Bullish Technical Alert - Trend Up 19.3%

Jul 26, 2009 (SmarTrend(R) Spotlight via COMTEX) ----AmerisourceBergen (NYSE:ABC) closed 0.8% higher (up $0.15 to $19.30) Friday on volume of 2,171,227 shares. The stock has traded within a 52-week range of $13.33 and $21.72.

AmerisourceBergen is currently above its 50-day moving average of $18.21 and above its 200-day moving average of $17.02.

SmarTrend is bullish on shares of ABC and our subscribers received an Uptrend alert on March 25, 2009 at $16.18, which has returned 19.3% to date.

No comments: