AmerisourceBergen's most recent trend suggests a bullish bias. One trading opportunity on AmerisourceBergen is a Bull Put Spread using a strike $87.50 short put and a strike $82.50 long put offers a potential 7.53% return on risk over the next 31 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $87.50 by expiration. The full premium credit of $0.35 would be kept by the premium seller. The risk of $4.65 would be incurred if the stock dropped below the $82.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for AmerisourceBergen is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for AmerisourceBergen is bullish.
The RSI indicator is at 75.51 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for AmerisourceBergen
Cramer: Don't let skepticism run away with you
Wed, 19 Nov 2014 23:00:00 GMT
Today's quick look at the Market…
Mon, 17 Nov 2014 21:43:04 GMT
AmerisourceBergen Reports Fourth Quarter and Fiscal Year 2014 Results
Tue, 11 Nov 2014 14:58:14 GMT
noodls – Expects Fiscal 2015 Adjusted Diluted EPS from Continuing Operations to be in the range of $4.36 to $4.50 VALLEY FORGE, Pa.–(BUSINESS WIRE)–Oct. 30, 2014– AmerisourceBergen Corporation (NYSE:ABC) today …
Big Cap 20 Stuffed With Medical Names
Tue, 11 Nov 2014 00:34:00 GMT
Pittsburgh Law Office of Alfred G. Yates Jr., P.C. Announces Investigation of AmerisourceBergen Corporation (NYSE: ABC)
Mon, 10 Nov 2014 17:13:00 GMT
PR Newswire – PITTSBURGH, Nov. 10, 2014 /PRNewswire/ — The Law Office of Alfred G. Yates Jr., P.C., has commenced an investigation into possible breaches of fiduciary duties and other violations of law by certain officers …
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