Technical Analysis for ABBV - AbbVie Inc. CDR

Grade Last Price % Change Price Change
F 24.550 0.45% 0.110
ABBV closed up 0.45 percent on Thursday, January 23, 2025, on 48 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
Earnings due: Jan 31
*** please verify all earnings dates ***
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Down

Date Alert Name Type % Chg
NR7 Range Contraction 0.00%
Narrow Range Bar Range Contraction 0.00%
Stochastic Reached Oversold Weakness 0.00%
Inside Day Range Contraction 0.00%
Oversold Stochastic Weakness 0.00%
Below Lower BB Weakness 0.45%
Gapped Down Weakness 0.45%
Lower Bollinger Band Touch Weakness 0.45%
50 DMA Resistance Bearish -1.41%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup -1.41%

   Recent Intraday Alerts

Alert Time
Possible Inside Day about 12 hours ago
Possible NR7 about 12 hours ago
Rose Above Lower Bollinger Band about 15 hours ago
Gapped Down (Full) 1 day ago
Down 1 ATR 1 day ago

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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 RTT Cancer Medical Specialties Pharmaceuticals Biopharmaceutical Infection Clinical Medicine Plastics 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

Comments

Indicators

Indicator Value
52 Week High 29.7393
52 Week Low 22.0535
Average Volume 14,728
200-Day Moving Average 25.573
50-Day Moving Average 25.146
20-Day Moving Average 25.236
10-Day Moving Average 24.877
Average True Range 0.487
RSI (14) 41.52
ADX 11.41
+DI 19.656
-DI 27.526
Chandelier Exit (Long, 3 ATRs) 24.773
Chandelier Exit (Short, 3 ATRs) 25.740
Upper Bollinger Bands 26.079
Lower Bollinger Band 24.394
Percent B (%b) 0.09
BandWidth 6.675
MACD Line -0.219
MACD Signal Line -0.153
MACD Histogram -0.066
Fundamentals Value
Market Cap 409.93 Billion
Num Shares 16.7 Billion
EPS 0.44
Price-to-Earnings (P/E) Ratio 55.80
Price-to-Sales 7.92
Price-to-Book 47.59
PEG Ratio 0.38
Dividend 6.20
Dividend Yield 25.25%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 24.835
Resistance 3 (R3) 24.817 24.703 24.788
Resistance 2 (R2) 24.703 24.631 24.713 24.772
Resistance 1 (R1) 24.627 24.586 24.665 24.645 24.756
Pivot Point 24.513 24.513 24.533 24.523 24.513
Support 1 (S1) 24.437 24.441 24.475 24.455 24.344
Support 2 (S2) 24.323 24.396 24.333 24.328
Support 3 (S3) 24.247 24.323 24.313
Support 4 (S4) 24.265