Trading Signals: ABBV Stock Price Prediction and Forecast (Mon. Mar. 17, 2014 - Fri. Dec. 22, 2023)(AbbVie Inc.)
| ABBV latest price $48.1931 (-2.82%) ($47.2131 - $49.5843) on Tue. Oct. 6, 2015. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 1.82% (three month average) | RSI | 36 | Latest Price | $48.1931(-2.82%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | ABBV advances 0.8% a day on average for past five trading days. | Weekly Trend | ABBV declines -3.3% a week on average for past two weeks. | Market Behavior | Normal for large cap. Value stock sell-off for small cap. | Correlated ETFs | Broad market will support ABBV advance at 0% a week (0% probability) XLV(61%) IBB(47%) VYM(47%) IVE(46%) IWD(45%) | Factors Impacting ABBV price | ABBV will decline at least -0.91% in a week (0% probabilities). VIXM(-20%) TLT(-14%) UUP(-9%) IGOV(-3%) GLD(-3%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -0.91% (StdDev 1.82%) | Hourly BBV | 0 () | Intraday Trend | -2.1% | | | |
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Resistance Level | $50.04 | 5 Day Moving Average | $48.49(-0.61%) | 10 Day Moving Average | $48.3(-0.22%) | 20 Day Moving Average | $50.04(-3.69%) | To recent high | -22.7% | To recent low | 4.9% | Market Cap | $85.026b | | | | AbbVie, Inc. is a research-based biopharmaceutical company, which engages in the development and sale of pharmaceutical products. It focuses on treating conditions such as chronic autoimmune diseases in rheumatology, gastroenterology and dermatology; oncology, including blood cancers; virology, including hepatitis C virus (HCV) and human immunodeficiency virus (HIV); neurological disorders, such as as well as Parkinson's disease; metabolic diseases, comprising thyroid disease and complications associated with cystic fibrosis; pain associated with endometriosis; and other serious health conditions. The company was founded on October 19, 2011 and is headquartered in North Chicago, IL. |