Stock Trend Analysis Report
Prepared for you on Tuesday, September 26, 2023.
AbbVie Inc. (NYSE:ABBV)
Bull Market Weakness (+75) - ABBV is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ABBV as it may be in the beginning stages of a reversal.
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 Sep 14th, 2023 at 153.60
The intermediate-term trend has been UP since Sep 13th, 2023 at 150.35
The short-term trend has been DOWN since Sep 25th, 2023 at 152.52
Smart Scan Analysis for ABBV
Based on our trend formula, ABBV is rated as a +75 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||168.11||52wk High Date||2023-01-06|
|52wk Low||130.9601||52wk Low Date||2023-06-28|
|Average Volume||4,079,030||Shares Outstanding||1,765,047|
|Short Interest||10,389,551||% Institutional||7.2|