Stock Trend Analysis Report
Prepared for you on Friday, January 28, 2022.
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.
MarketClub’s Trade Triangles for ABT
The long-term trend has been UP since Nov 15th, 2021 at 129.6992
The intermediate-term trend has been DOWN since Jan 12th, 2022 at 133.4000
The short-term trend has been UP since Jan 28th, 2022 at 124.6217
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).
|Year High||74.15||Year High Date||2018-10-01|
|Year Low||55.58||Year Low Date||2018-02-09|
|52wk High||142.6||52wk High Date||2021-12-27|
|52wk Low||105.36||52wk Low Date||2021-06-02|
|Year End Close||65.5||Average Volume||7,305,173|
|Shares Outstanding||1,768,287||Short Interest||12,772,675|
|% Institutional||66.3||Market Cap||149,380M|