ABBVIE INC (ABBV) Stock Technical Analysis
NYSE:ABBV - New York Stock Exchange, Inc. - US00287Y1091 - Common Stock - Currency: USD
Taking everything into account, ABBV scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ABBV is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
ABBV is part of the Biotechnology industry. There are 571 other stocks in this industry. ABBV outperforms 80% of them.
ABBV is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month ABBV has a been trading in the 169.25 - 203.97 range, which is quite wide. It is currently trading near the high of this range.
ABBV has an average volume of 5905900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that ABBV is one of the better performing stocks in the market, outperforming 81% of all stocks. However, this relatively good performance is mostly due to a recent big move.
Although ABBV has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
162.20
205.92
3 important support areas can be observed.
- A support zone ranging from 188.51 to 190.33. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 170.48 to 172.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @163.84 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 203.56 to 203.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.3
Mansfield0.45
10 Day High203.98
10 Day Low188.26
20 Day High203.98
20 Day Low169.25
52 Week High207.32
52 Week Low153.58
Performance
1 Week4.46%
2 Weeks4.72%
1 Month18.4%
3 Month14.2%
6 Month2.29%
12 Month13.47%
2 Year31.31%
3 Year36.75%
5 Year135.77%
10 Year234.02%
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)1.18
RSI(14)77.27
LBB186.3
UBB201.34
202.08
+1.2 (+0.6%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.6%
1 Week4.46%
2 Weeks4.72%
1 Month18.4%
3 Month14.2%
6 Month2.29%
12 Month13.47%
2 Year31.31%
3 Year36.75%
5 Year135.77%
10 Year234.02%
15 YearN/A
Volatility
ATR(14)4.05
ATR(20)%2.23%
ATR Inc-10.51%
Range Today3.96
ADR(20)3.98
ADR(20)%1.97%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.3
Mansfield0.45
10 Day High203.98
10 Day Low188.26
20 Day High203.98
20 Day Low169.25
52 Week High207.32
52 Week Low153.58
CS1 End190.33
CR1 Start203.56
Volume & EV
DER(3)0.86%
DER(5)-0.32%
Volume5.89M
Volume Incr-16.91%
Vol(5)5.18M
Vol(50)5.91M