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Stock Trend Analysis Report

Prepared for you on Tuesday, March 28, 2023.

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.

NYSE_ABT
Open High Low ABT Price Change
99.26 99.48 98.27 98.43 +0.38
Entry Signal

MarketClub’s Trade Triangles for ABT

long term down The long-term trend has been DOWN since Mar 8th, 2023 at 99.66

intermediate term down The intermediate-term trend has been DOWN since Jan 31st, 2023 at 109.59

short term up The short-term trend has been UP since Mar 27th, 2023 at 99.31

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).

-85
Smart Scan Analysis for ABT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
99.26 99.48 98.27 98.43 +0.38
Prev. Close Volume Bid Ask Time
98.46 3202919 2023-03-27 15:59:30
Year High74.15Year High Date2018-10-01
Year Low55.58Year Low Date2018-02-09
52wk High124.3652wk High Date2022-04-08
52wk Low93.2552wk Low Date2022-10-21
Year End Close65.5Average Volume5,688,246
Shares Outstanding1,737,946Short Interest12,772,675
% Institutional66.3Market Cap149,380M
Assets744,380,000MLiabilities377,520,000M
P/E Ratio25.0767Beta0.47
Volatility26.71
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