ABBVIE INC (ABBV)

US00287Y1091 - Common Stock

159.51  -7.78 (-4.65%)

Technical Rating and Analysis

1

We assign a technical rating of 1 out of 10 to ABBV. ABBV has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

In the last month ABBV has a been trading in the 160.00 - 182.30 range, which is quite wide. It is currently trading near the lows of this range.
ABBV has an average volume of 5680780 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When compared to the yearly performance of all other stocks, ABBV outperforms 62% of them, which is more or less in line with the market.
ABBV is an average performer in the Biotechnology industry, it outperforms 69% of 588 stocks in the same industry.
ABBV is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ABBV is lagging the market slightly.
Weekly and Daily overview Charts
ABBV Weekly chart
ABBV Daily chart
Setup Rating and Analysis

3

The technical rating of ABBV is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

132.87

183.93

3 important support areas can be observed.

  • Support @142.41 from a trend line in the weekly time frame.
  • Support @138.28 from a horizontal line in the weekly time frame.
  • Support @134.21 from a horizontal line in the weekly time frame.

We can see 2 important resistance areas.

  • A resistance zone ranging from 161.66 to 165.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 181.06 to 182.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS62.76
Mansfield-0.04
10 Day High170.37
10 Day Low160
20 Day High182.3
20 Day Low160
52 Week High182.89
52 Week Low130.96
Performance
1 Week1.6%
2 Weeks-0.14%
1 Month-7.24%
3 Month1.76%
6 Month20.41%
12 Month10.7%
2 Year13.9%
3 Year50.04%
5 Year110.72%
10 Year221.22%
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.29
RSI(14)43
LBB160.87
UBB172.1
ABBV Daily chart

ABBVIE INC

NYSE:ABBV (4/26/2024, 11:24:09 AM)

159.51

-7.78 (-4.65%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-4.65%
1 Week1.6%
2 Weeks-0.14%
1 Month-7.24%
3 Month1.76%
6 Month20.41%
12 Month10.7%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)3.24
ATR(20)%2.14%
ATR Inc
Range Today8.26
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High170.37
10 Day Low160
20 Day High182.3
20 Day Low160
52 Week High182.89
52 Week Low130.96
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume4.50M
Volume Incr-5.08%
Vol(5)4.96M
Vol(50)5.68M