Stock Trend Analysis Report
Prepared for you on Wednesday, May 12, 2021.
AbbVie, Inc (NYSE:ABBV)
Long-Term Uptrend (+90) - ABBV is in a strong uptrend that is likely to continue. While ABBV is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 UP since Nov 4th, 2020 at 97.42
The intermediate-term trend has been UP since Apr 20th, 2021 at 109.18
The short-term trend has been UP since May 3rd, 2021 at 112.61
Smart Scan Analysis for ABBV
Based on our trend formula, ABBV is rated as a +90 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||117.2||52wk High Date||2021-05-10|
|52wk Low||79.1101||52wk Low Date||2020-10-29|
|Average Volume||6,422,878||Shares Outstanding||1,766,222|
|Short Interest||10,389,551||% Institutional||7.2|