ABBOTT LABORATORIES (ABL.DE) Stock Technical Analysis
FRA:ABL - Deutsche Boerse Ag - US0028241000 - Common Stock - Currency: EUR
We assign a technical rating of 6 out of 10 to ABL. In the last year, ABL was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
Warning: ABL has an average volume of 501 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
ABL is one of the better performing stocks in the Health Care Equipment & Supplies industry, it outperforms 78% of 58 stocks in the same industry.
In the last month ABL has a been trading in the 113.70 - 120.54 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
When comparing the yearly performance of all stocks, we notice that ABL is one of the better performing stocks in the market, outperforming 77% of all stocks. However, ABL's most recent performance is quite weak.
ABL 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 ABL is lagging the market slightly.
ABL has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 117.25, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
99.00
123.77
When analyzing the support we can see 3 important areas.
- A support zone ranging from 110.08 to 117.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @107.46 from a horizontal line in the daily time frame.
- Support @100.00 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 117.75 to 118.32. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @122.54 from a horizontal line in the daily time frame.
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 ABL.DE is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ABL.DE is neutral. |
| ChartMill Relative Strength | 77.7 | POSITIVE | ABL.DE has a high relative strength, it outperformed 77.7% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ABL.DE is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ABL.DE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ABL.DE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.39 | NEUTRAL | The RSI value for ABL.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests ABL.DE has a negative trend. |
| Stochastics (14,3) | 62.18 | NEUTRAL | The Stochastics value for ABL.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 1.86 | LOW VOLATILITY | The low ATR as a percentage value for ABL.DE suggests low volalility. |
| Average Directional Index/ADX (14) | 9.75 | NEGATIVE | The low ADX value for ABL.DE suggests a weak or negative trend. |
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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 118.33 | 114.77 | 3.56 (3.01%) | 25.00% |
| An entry @118.33. This is a Buy Stop order right above the resistance zone. | An exit @114.77. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 3.56 points, which is 3.01%. | For a 0.75% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
FRA:ABL (5/29/2025, 2:10:59 PM)
117.67
+0.11 (+0.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg0.09%
1 Week-0.83%
2 Weeks1.78%
1 Month2.94%
3 Month-9.86%
6 Month4.42%
12 Month25.09%
2 Year24.17%
3 Year8.43%
5 Year43.45%
10 Year164.98%
15 YearN/A
Volatility
ATR(14)2.37
ATR(20)%1.86%
ATR Inc13.38%
Range Today0.25
ADR(20)1.98
ADR(20)%1.68%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.7
Mansfield0.41
10 Day High120.54
10 Day Low114.78
20 Day High120.54
20 Day Low113.7
52 Week High134.14
52 Week Low90
CS1 End117.25
CR1 Start117.75
Volume & EV
DER(3)0%
DER(5)0%
Volume16
Volume Incr-5.39%
Vol(5)547.6
Vol(50)501.3