ABBOTT LABORATORIES (ABT) Stock Technical Analysis
NYSE:ABT - New York Stock Exchange, Inc. - US0028241000 - Common Stock - Currency: USD
Taking everything into account, ABT scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, ABT has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that ABT is one of the better performing stocks in the market, outperforming 86% of all stocks.
ABT is one of the better performing stocks in the Health Care Equipment & Supplies industry, it outperforms 81% of 189 stocks in the same industry.
ABT is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so ABT is leading the market.
In the last month ABT has a been trading in the 126.00 - 138.37 range, which is quite wide. It is currently trading near the high of this range.
ABT has an average volume of 6226800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although ABT has an excellent technical rating, the quality of the presented setup is not ideal 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
109.85
139.39
When analyzing the support we can see 3 important areas.
- A support zone ranging from 137.12 to 138.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 130.17 to 134.16. 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 110.96 to 115.19. 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
CRS86.41
Mansfield1.46
10 Day High138.37
10 Day Low128.25
20 Day High138.37
20 Day Low126
52 Week High138.37
52 Week Low99.71
Performance
1 Week2.29%
2 Weeks4.72%
1 Month7.14%
3 Month16.2%
6 Month21.84%
12 Month16.35%
2 Year35.68%
3 Year14.42%
5 Year79.16%
10 Year191.35%
15 Year408.51%
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)75.77
LBB128.45
UBB138.22
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 |
|---|---|---|---|
| 138.38 | 137.11 | 1.27 (0.92%) | 25.00% |
| An entry @138.38. This is a Buy Stop order right above the 10 day high. | An exit @137.11. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.27 points, which is 0.92%. | For a 0.23% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of ABT. Please evaluate whether better entry and exit points can be found.
- 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.
138.01
+2.14 (+1.58%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg1.58%
1 Week2.29%
2 Weeks4.72%
1 Month7.14%
3 Month16.2%
6 Month21.84%
12 Month16.35%
2 Year35.68%
3 Year14.42%
5 Year79.16%
10 Year191.35%
15 Year408.51%
Volatility
ATR(14)2.28
ATR(20)%1.74%
ATR Inc18.62%
Range Today3.62
ADR(20)2.36
ADR(20)%1.71%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.41
Mansfield1.46
10 Day High138.37
10 Day Low128.25
20 Day High138.37
20 Day Low126
52 Week High138.37
52 Week Low99.71
CS1 End138
CR1 StartN/A
Volume & EV
DER(3)-1.84%
DER(5)-1.36%
Volume8.76M
Volume Incr-6.13%
Vol(5)6.27M
Vol(50)6.23M