ABBVIE (ABBV.PA) Technical Analysis
EPA:ABBV • US00287Y1091
Current stock price
ABBV.PA Technical Rating and Analysis
Taking everything into account, ABBV scores 6 out of 10 in our technical rating. Although ABBV is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- When comparing the yearly performance of all stocks, ABBV is a bad performer in the overall market: 100% of all stocks are doing better.
- Warning: ABBV has an average volume of 130 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- ABBV is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ABBV is lagging the market slightly.
- In the last month ABBV has a been trading in the 53.00 - 67.99 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
ABBV.PA Weekly and Daily overview Charts
ABBV.PA Setup Rating and Analysis
ABBV has an average technical rating and also the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
ABBV.PA Support and Resistance Analysis
52.01
3 important support areas can be observed.
- A support zone ranging from 57.52 to 58.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @55.23 from a trend line in the daily time frame.
- Support @52.54 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 63.11 to 63.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
ABBV.PA Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for ABBV.PA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ABBV.PA is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | ABBV.PA has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ABBV.PA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ABBV.PA is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 48.35 | NEUTRAL | The RSI value for ABBV.PA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.21 | NEGATIVE | The MACD value suggests ABBV.PA has a negative trend. |
| Stochastics (14,3) | 45.37 | NEUTRAL | The Stochastics value for ABBV.PA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.1 | HIGH VOLATILITY | The high ATR as a percentage value for ABBV.PA suggests high volalility. |
ABBV.PA Chart- and CandleStick Pattern Analysis
ABBV.PA Technicals: Chart, Performance Metrics, Trend & Indicators
EPA:ABBV (8/29/2017, 5:08:56 PM)
58.01
-5.09 (-8.07%)
ABBVIE / ABBV.PA TA FAQ
Can you provide the ChartMill technical rating for ABBVIE?
ChartMill assigns a technical rating of 6 / 10 to ABBV.PA.
What is the trend direction for ABBV stock?
The current trend direction for ABBVIE (ABBV.PA) is Bullish.
What is the RSI signal for ABBV stock?
ABBVIE (ABBV.PA) has an RSI value of 48.3476. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for ABBVIE?
ABBVIE (ABBV.PA) has a support level at 58 and a resistance level at 63.11. Check the full technical report for our detailed analysis of ABBV.PA support and resistance levels.