Technical Analysis for ABBV - AbbVie Inc. CDR

Grade Last Price % Change Price Change
D 24.240 -0.25% -0.060
ABBV closed up 0.7 percent on Wednesday, November 20, 2024, on 26 percent of normal volume. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down

Date Alert Name Type % Chg
Slingshot Bearish Bearish Swing Setup -0.25%
Narrow Range Bar Range Contraction -0.25%
Wide Bands Range Expansion -0.25%
Up 3 Days in a Row Strength -0.25%
Oversold Stochastic Weakness -0.25%
Calm After Storm Range Contraction 0.46%
Outside Day Range Expansion 0.46%
Wide Bands Range Expansion 0.46%
Oversold Stochastic Weakness 0.46%
Pocket Pivot Bullish Swing Setup 0.58%

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Profile

AbbVie Inc. CDR Description

AbbVie Inc. discovers, develops, manufactures, and sells pharmaceuticals worldwide. The company offers Humira, an injection for autoimmune and intestinal Behçet's diseases, and pyoderma gangrenosum; Skyrizi to treat moderate to severe plaque psoriasis, psoriatic disease, and Crohn's disease; Rinvoq to treat rheumatoid and psoriatic arthritis, ankylosing spondylitis, atopic dermatitis, axial spondyloarthropathy, ulcerative colitis, and Crohn's disease; Imbruvica for the treatment of adult patients with blood cancers; Epkinly to treat lymphoma; Elahere to treat cancer; and Venclexta/Venclyxto to treat blood cancers. It also provides facial injectables, plastics and regenerative medicine, body contouring, and skincare products; botox therapeutic; Vraylar for depressive disorder; Duopa and Duodopa to treat advanced Parkinson's disease; Ubrelvy for the acute treatment of migraine in adults; and Qulipta for episodic and chronic migraine. In addition, the company offers Ozurdex for eye diseases; Lumigan/Ganfort and Alphagan/Combigan for the reduction of elevated intraocular pressure in patients with open angle glaucoma or ocular hypertension; Restasis to increase tear production; and other eye care products. Further, it provides Mavyret/Maviret to treat chronic hepatitis C virus genotype 1-6 infection; Creon, a pancreatic enzyme therapy; Lupron to treat advanced prostate cancer, endometriosis and central precocious puberty, and patients with anemia caused by uterine fibroids; Linzess/Constella to treat irritable bowel syndrome with constipation and chronic idiopathic constipation; and Synthroid for hypothyroidism. It has collaborations with Calico Life Sciences LLC; REGENXBIO Inc.; Janssen Biotech, Inc.; and Genentech, Inc., as well as collaboration with Tentarix Biotherapeutics, LP to develop conditionally-active and multi-specific biologics for oncology and immunology. The company was incorporated in 2012 and is headquartered in North Chicago, Illinois.


Classification

Sector: Healthcare
Industry: Drug Manufacturers - General
Keywords: Medicine Cancer RTT Medical Specialties Pharmaceuticals Biopharmaceutical Clinical Medicine Plastics Infection Atopic Dermatitis Psoriasis Regenerative Medicine Ulcerative Colitis Anemia Immunosuppressants Migraine Botox Depressive Disorder Irritable Bowel Syndrome Ocular Hypertension Spondylitis Uterine Fibroids

Is ABBV a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 30.02
52 Week Low 20.0593
Average Volume 17,925
200-Day Moving Average 25.855
50-Day Moving Average 27.503
20-Day Moving Average 26.966
10-Day Moving Average 25.380
Average True Range 0.573
RSI (14) 27.01
ADX 33.68
+DI 18.849
-DI 49.523
Chandelier Exit (Long, 3 ATRs) 28.302
Chandelier Exit (Short, 3 ATRs) 25.468
Upper Bollinger Bands 31.279
Lower Bollinger Band 22.653
Percent B (%b) 0.19
BandWidth 31.988
MACD Line -1.042
MACD Signal Line -0.615
MACD Histogram -0.427
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 24.690
Resistance 3 (R3) 24.647 24.473 24.625
Resistance 2 (R2) 24.473 24.374 24.495 24.603
Resistance 1 (R1) 24.387 24.313 24.430 24.430 24.582
Pivot Point 24.213 24.213 24.235 24.235 24.213
Support 1 (S1) 24.127 24.114 24.170 24.170 24.018
Support 2 (S2) 23.953 24.053 23.975 23.997
Support 3 (S3) 23.867 23.953 23.975
Support 4 (S4) 23.910