ABBOTT LABORATORIES (ABT)

US0028241000 - Common Stock

115.27  +0.51 (+0.44%)

After market: 115.75 +0.48 (+0.42%)

Technical Rating and Analysis

3

We assign a technical rating of 3 out of 10 to ABT. ABT has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.

ABT has an average volume of 5225000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When compared to the yearly performance of all other stocks, ABT outperforms 57% of them, which is more or less in line with the market.
ABT is an average performer in the Health Care Equipment & Supplies industry, it outperforms 65% of 187 stocks in the same industry.
ABT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ABT is lagging the market.
In the last month ABT has a been trading in the 111.28 - 120.53 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
ABT Weekly chart
ABT Daily chart
Setup Rating and Analysis

6

ABT has a bad technical rating, but it does show 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 115.14, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

101.01

122.17

We found 3 important support areas.

  • A support zone ranging from 112.23 to 115.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @108.45 from a trend line in the weekly time frame.
  • Support @102.03 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice 2 important areas.

  • Resistance @118.13 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 120.96 to 120.96. 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
CRS57.32
Mansfield-0.73
10 Day High115.81
10 Day Low111.28
20 Day High120.53
20 Day Low111.28
52 Week High121.64
52 Week Low99.71
Performance
1 Week2.98%
2 Weeks0.99%
1 Month-2.28%
3 Month2.53%
6 Month10.93%
12 Month4.72%
2 Year4.99%
3 Year-18.1%
5 Year32.71%
10 Year156.04%
15 Year327.01%
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)0.1
RSI(14)51.85
LBB111.77
UBB116.26
ABT Daily chart

ABBOTT LABORATORIES

NYSE:ABT (12/26/2024, 6:40:00 PM)

After market: 115.75 +0.48 (+0.42%)

115.27

+0.51 (+0.44%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg0.44%
1 Week2.98%
2 Weeks0.99%
1 Month-2.28%
3 Month2.53%
6 Month10.93%
12 Month4.72%
2 Year4.99%
3 Year-18.1%
5 Year32.71%
10 Year156.04%
15 Year327.01%
Volatility
ATR(14)1.79
ATR(20)%1.55%
ATR Inc-9.65%
Range Today1.99
ADR(20)1.78
ADR(20)%1.54%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS57.32
Mansfield-0.73
10 Day High115.81
10 Day Low111.28
20 Day High120.53
20 Day Low111.28
52 Week High121.64
52 Week Low99.71
CS1 End115.14
CR1 Start118.13
Volume & EV
DER(3)0.72%
DER(5)0.35%
Volume2.96M
Volume Incr19.97%
Vol(5)5.70M
Vol(50)5.22M