Trading Signals: ABBV Stock Price Prediction and Forecast (Mon. Mar. 17, 2014 - Fri. Dec. 22, 2023)(AbbVie Inc.)
| ABBV latest price $149.3800 (0.57%) ($148.1100 - $150.5700) on Wed. Aug. 2, 2023. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 1.32% (three month average) | RSI | 80 | Latest Price | $149.3800(0.57%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | ABBV advances 1% a day on average for past five trading days. | Weekly Trend | ABBV advances 4.9% a week on average for past two weeks. | Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. | Correlated ETFs | Broad market will support ABBV advance at 0% a week (0% probability) XLV(50%) SPLV(41%) DIA(40%) VYM(40%) IBB(39%) | Factors Impacting ABBV price | ABBV will decline at least -0.66% in a week (0% probabilities). VXX(-24%) VIXM(-24%) USO(-15%) SLV(-15%) GLD(-14%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -0.66% (StdDev 1.32%) | Hourly BBV | 0 () | Intraday Trend | 0.5% | | | |
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5 Day Moving Average | $149.44(-0.04%) | 10 Day Moving Average | $146.17(2.2%) | 20 Day Moving Average | $141.15(5.83%) | To recent high | -1.5% | To recent low | 12.7% | Market Cap | $263.549b | | | | 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. |