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Stock Trend Analysis Report
Prepared for you on Tuesday, October 22, 2024.
Abbott Laboratories (NYSE:ABT)
Countertrend Up (+85) - ABT is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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.
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MarketClub’s Trade Triangles for ABT
The long-term trend has been UP since Aug 1st, 2024 at 108.98
The intermediate-term trend has been UP since Oct 14th, 2024 at 117.28
The short-term trend has been DOWN since Oct 21st, 2024 at 116.64
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 117.03 | 117.20 | 115.84 | 116.17 | -0.82 |
| Prev. Close | Volume | Bid | Ask | Time |
| 116.99 | 2484433 | 2024-10-22 15:57:52 |
| Year High | 74.15 | Year High Date | 2018-10-01 |
| Year Low | 55.58 | Year Low Date | 2018-02-09 |
| 52wk High | 121.64 | 52wk High Date | 2024-03-08 |
| 52wk Low | 91.64 | 52wk Low Date | 2023-10-30 |
| Year End Close | 65.5 | Average Volume | 4,928,416 |
| Shares Outstanding | 1,739,897 | Short Interest | 12,772,675 |
| % Institutional | 66.3 | Market Cap | 149,380M |
| Assets | 730,170,000M | Liabilities | 336,990,000M |
| P/E Ratio | 36.9054 | Beta | 0.47 |
| Volatility | 26.71 |