NYSE:ABBV - New York Stock Exchange, Inc. - US00287Y1091 - Common Stock - Currency: USD
Taking everything into account, ABBV scores 2 out of 10 in our technical rating. 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.
Although the technical rating is bad, ABBV does present a nice setup opportunity. Prices have been consolidating lately.
163.33
We found 3 important support areas.
We found 1 important resistance area.
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 | DOWN | NEGATIVE | The long term trend for ABBV is down. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ABBV is down. |
ChartMill Relative Strength | 44.77 | NEUTRAL | ABBV is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ABBV is below a declining SMA(20). |
Simple Moving Average/SMA (50) | UP | MIXED | The current price of ABBV is below the rising 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) | 48.04 | NEUTRAL | The RSI value for ABBV is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.43 | NEGATIVE | The MACD value suggests ABBV has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 25.82 | NEUTRAL | The Stochastics value for ABBV is a neutral value. |
Average True Range in percent/ATR (20) | 2 | MEDIUM VOLATILITY | The ATR as a percentage value for ABBV suggests some volalility. |
Average Directional Index/ADX (14) | 22.02 | NEUTRAL | The ADX value for ABBV suggests a possible start of a new trend. |
185.62
+3.31 (+1.82%)