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Stock Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

Abbott Laboratories (NYSE:ABT)

Sidelines Mode (+55) - ABT is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
113.28 114.02 112.93 113.63 +0.15
Entry Signal

MarketClub’s Trade Triangles for ABT

long term up The long-term trend has been UP since Dec 1st, 2023 at 104.72

intermediate term down The intermediate-term trend has been DOWN since Mar 15th, 2024 at 113.96

short term up The short-term trend has been UP since Mar 27th, 2024 at 111.98

Smart Scan Analysis for ABT

Based on our trend formula, ABT is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for ABT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
113.28 114.02 112.93 113.63 +0.15
Prev. Close Volume Bid Ask Time
113.48 3260070 2024-03-28 15:59:57
Year High74.15Year High Date2018-10-01
Year Low55.58Year Low Date2018-02-09
52wk High121.6452wk High Date2024-03-08
52wk Low89.67452wk Low Date2023-10-12
Year End Close65.5Average Volume6,601,772
Shares Outstanding1,736,059Short Interest12,772,675
% Institutional66.3Market Cap149,380M
Assets732,140,000MLiabilities346,110,000M
P/E Ratio34.8098Beta0.47
Volatility26.71
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