ABBOTT LABORATORIES (ABT) Stock Technical Analysis
NYSE:ABT - New York Stock Exchange, Inc. - US0028241000 - Common Stock - Currency: USD
Overall ABT gets a technical rating of 7 out of 10. In the last year, ABT was one of the better performers, but we do observe some doubts in the very recent evolution.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
Looking at the yearly performance, ABT did better than 86% of all other stocks. We also observe that the gains produced by ABT over the past year are nicely spread over this period.
ABT is part of the Health Care Equipment & Supplies industry. There are 191 other stocks in this industry. ABT outperforms 83% of them.
In the last month ABT has a been trading in the 120.47 - 134.16 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.
ABT has an average volume of 7325490 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
ABT is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
ABT has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 128.75, a Stop Loss order could be placed below this zone.
More info and screens
109.99
141.63
3 important support areas can be observed.
- A support zone ranging from 125.60 to 128.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 117.24 to 118.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 111.10 to 112.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 129.14 to 132.65. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @140.23 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.4
Mansfield1.39
10 Day High134.16
10 Day Low124.04
20 Day High134.16
20 Day Low120.47
52 Week High141.23
52 Week Low99.71
Performance
1 Week-1.63%
2 Weeks3.49%
1 Month-1.9%
3 Month3.06%
6 Month12.81%
12 Month19.83%
2 Year16.64%
3 Year13.52%
5 Year39.92%
10 Year177.57%
15 Year403.71%
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)0.32
RSI(14)49.63
LBB123.23
UBB132.74
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 |
|---|---|---|---|
| 132.66 | 125.59 | 7.07 (5.33%) | 18.76% |
| An entry @132.66. This is a Buy Stop order right above the resistance zone. | An exit @125.59. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 7.07 points, which is 5.33%. | For a 1.00% total portfolio risk, you can invest 18.76% 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.
128.85
-0.53 (-0.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-0.41%
1 Week-1.63%
2 Weeks3.49%
1 Month-1.9%
3 Month3.06%
6 Month12.81%
12 Month19.83%
2 Year16.64%
3 Year13.52%
5 Year39.92%
10 Year177.57%
15 Year403.71%
Volatility
ATR(14)4.26
ATR(20)%3.08%
ATR Inc-52.5%
Range Today2.3
ADR(20)3.82
ADR(20)%2.96%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.4
Mansfield1.39
10 Day High134.16
10 Day Low124.04
20 Day High134.16
20 Day Low120.47
52 Week High141.23
52 Week Low99.71
CS1 End128.75
CR1 Start129.14
Volume & EV
DER(3)-1.55%
DER(5)0.05%
Volume4.85M
Volume Incr-22.49%
Vol(5)6.42M
Vol(50)7.33M