Stock Trend Analysis Report
Prepared for you on Monday, April 12, 2021.
Abbott Laboratories (NYSE:ABT)
Bull Market Weakness (+75) - ABT is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ABT as it may be in the beginning stages of a reversal.
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.
MarketClub’s Trade Triangles for ABT
The long-term trend has been UP since Apr 16th, 2020 at 92.45
The intermediate-term trend has been UP since Mar 29th, 2021 at 122.30
The short-term trend has been DOWN since Apr 9th, 2021 at 119.54
Smart Scan Analysis for ABT
Based on our trend formula, ABT is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||74.15||Year High Date||2018-10-01|
|Year Low||55.58||Year Low Date||2018-02-09|
|52wk High||128.54||52wk High Date||2021-02-12|
|52wk Low||83.52||52wk Low Date||2020-04-13|
|Year End Close||65.5||Average Volume||5,026,911|
|Shares Outstanding||1,771,529||Short Interest||12,772,675|
|% Institutional||66.3||Market Cap||149,380M|