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ABC Makes Bearish Cross Below Critical Moving Average

By Market News Video Staff, Monday, September 12, 11:32 AM ET
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In trading on Monday, shares of AmerisourceBergen Corp. (NYSE:ABC) crossed below their 200 day moving average of $38.20, changing hands as low as $37.51 per share. AmerisourceBergen Corp. shares are currently trading down about 2% on the day. The chart below shows the one year performance of ABC shares, versus its 200 day moving average:

AmerisourceBergen Corp. 200 Day Moving Average Chart

Looking at the chart above, ABC's low point in its 52 week range is $28.38 per share, with $43.47 as the 52 week high point — that compares with a last trade of $37.68.

According to the ETF Finder at ETF Channel, ABC makes up 2.46% of the Dynamic Healthcare Sector Portfolio ETF (AMEX:PTH) which is trading lower by about 1.4% on the day Monday.

     See what other ETFs contain ABC »
     See what other stocks are held by PTH »

ABC operates in the Drugs & Pharmaceuticals sector, among companies like Columbia Laboratories, Inc. (NASDAQ:CBRX) which is off about 1% today, and Schiff Nutrition International Inc (NYSE:WNI) trading up by about 0.4%. Below is a three month price history chart comparing the stock performance of ABC, versus CBRX and WNI.

ABC,CBRX,WNI Relative Performance Chart


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This Article's Word Cloud:   AMEX   AmerisourceBergen   Average   Below   CBRX   Channel   Corp   Drugs   Dynamic   ETFs   Finder   Free   GROWTH   Healthcare   INVESTMENT   Monday   NYSE   Nutrition   PORTFOLIO   Portfolio   Schiff   about   among   asset   average   below   cash   chart   companies   designed   history   lower   moving   operates   other   performance   point   portfolio   share   shares   slideshow   stocks   there   trading   versus   week   what   which   with   year
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