Stock Trend Analysis Report
Prepared for you on Wednesday, October 27, 2021.
AbbVie Inc. (NYSE:ABBV)
Countertrend Down (-85) - ABBV 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 ABBV?
MarketClub looks at technical strength and momentum to determine if the timing is right for ABBV.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ABBV
The long-term trend has been DOWN since Sep 1st, 2021 at 110.65
The intermediate-term trend has been DOWN since Oct 19th, 2021 at 106.87
The short-term trend has been UP since Oct 22nd, 2021 at 109.11
Smart Scan Analysis for ABBV
Based on our trend formula, ABBV is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||125.86||Year High Date||2018-01-26|
|Year Low||77.5||Year Low Date||2018-11-01|
|52wk High||121.53||52wk High Date||2021-09-01|
|52wk Low||79.1101||52wk Low Date||2020-10-29|
|Average Volume||6,246,063||Shares Outstanding||1,767,176|
|Short Interest||10,389,551||% Institutional||7.2|