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Stock Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
Abbott Laboratories (NYSE:ABT)
Countertrend Down (-85) - ABT is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid ABT?
MarketClub looks at technical strength and momentum to determine if the timing is right for ABT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for ABT
The long-term trend has been DOWN since Apr 12th, 2024 at 109.11
The intermediate-term trend has been DOWN since Mar 15th, 2024 at 113.96
The short-term trend has been UP since Apr 23rd, 2024 at 107.90
Smart Scan Analysis for ABT
Based on our trend formula, ABT is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 106.7100 | 107.8561 | 106.3900 | 107.6100 | +0.7500 |
| Prev. Close | Volume | Bid | Ask | Time |
| 106.8600 | 2628071 | 2024-04-26 15:59:11 |
| Year High | 74.15 | Year High Date | 2018-10-01 |
| Year Low | 55.58 | Year Low Date | 2018-02-09 |
| 52wk High | 121.64 | 52wk High Date | 2024-03-08 |
| 52wk Low | 89.674 | 52wk Low Date | 2023-10-12 |
| Year End Close | 65.5 | Average Volume | 5,703,638 |
| Shares Outstanding | 1,736,059 | Short Interest | 12,772,675 |
| % Institutional | 66.3 | Market Cap | 149,380M |
| Assets | 732,140,000M | Liabilities | 346,110,000M |
| P/E Ratio | 32.7791 | Beta | 0.47 |
| Volatility | 26.71 |