Trading Signals: ABBV Stock Price Prediction and Forecast (Mon. Mar. 17, 2014 - Fri. Dec. 22, 2023)(AbbVie Inc.)
| ABBV latest price $74.9600 (0.98%) ($73.7800 - $74.9700) on Wed. Jul. 3, 2019. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 2.39% (three month average) | RSI | 43 | Latest Price | $74.9600(0.98%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | ABBV advances 2% a day on average for past five trading days. | Weekly Trend | ABBV declines -3.4% a week on average for past two weeks. | Market Behavior | Broad based rally for large cap. Broad based rally for small cap. | Correlated ETFs | Broad market will support ABBV advance at 0% a week (0% probability) XLV(60%) DIA(50%) VYM(50%) IVE(49%) SPLV(49%) | Factors Impacting ABBV price | ABBV will decline at least -1.195% in a week (0% probabilities). VIXM(-36%) VXX(-15%) TLT(-14%) IFRA(-11%) IGOV(-3%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -1.195% (StdDev 2.39%) | Hourly BBV | 0 () | Intraday Trend | 0.8% | | | |
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1 - 5 Day Possible Target | $63.78(-14.91%) | Resistance Level | $75.61 | 5 Day Moving Average | $73.07(2.59%) | 10 Day Moving Average | $73.38(2.15%) | 20 Day Moving Average | $75.61(-0.86%) | To recent high | -10.7% | To recent low | 14.3% | Market Cap | $132.251b | | | | 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. |