Stock Trend Analysis Report
Prepared for you on Monday, May 20, 2019.
AbbVie, Inc (NYSE:ABBV)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for ABBV
The long term trend has been DOWN since Mar 26th, 2018 at 92.90
The intermediate term trend has been DOWN since Apr 17th, 2019 at 78.41
The short term trend has been UP since May 14th, 2019 at 78.13
Smart Scan Analysis for ABBV
Based on a pre-defined weighted trend formula for chart analysis, ABBV scored -65 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||122||52wk High Date||2018-02-27|
|52wk Low||75.77||52wk Low Date||2019-01-29|
|Average Volume||8,072,795||Shares Outstanding||1,504,216|
|Short Interest||10,389,551||% Institutional||7.2|