NYSE:ABBV - New York Stock Exchange, Inc. - US00287Y1091 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to ABBV. ABBV's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, ABBV does present a nice setup opportunity. Prices have been consolidating lately. Another positive sign is the recent Pocket Pivot signal.
163.33
We found 3 important support areas.
We can see 2 important resistance areas.
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 | NEUTRAL | NEUTRAL | The long term trend for ABBV is neutral. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ABBV is neutral. |
ChartMill Relative Strength | 36.92 | NEUTRAL | ABBV is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | MIXED | The current price of ABBV is below the rising SMA(20). |
Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ABBV is above a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ABBV is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 45.35 | NEUTRAL | The RSI value for ABBV is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests ABBV has a negative trend. |
Stochastics (14,3) | 41.57 | NEUTRAL | The Stochastics value for ABBV is a neutral value. |
Average True Range in percent/ATR (20) | 1.92 | LOW VOLATILITY | The low ATR as a percentage value for ABBV suggests low volalility. |
Average Directional Index/ADX (14) | 17.31 | NEGATIVE | The low ADX value for ABBV suggests a weak or negative trend. |
185.49
+0.01 (+0.01%)