Trading Signals: ABBV Stock Price Prediction and Forecast (Mon. Mar. 17, 2014 - Fri. Dec. 22, 2023)(AbbVie Inc.)
| ABBV latest price $148.9100 (2.27%) ($145.8650 - $149.0000) on Thu. Sep. 7, 2023. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 1.17% (three month average) | RSI | 44 | Latest Price | $148.9100(2.27%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | ABBV advances 0.1% a day on average for past five trading days. | Weekly Trend | ABBV declines -0.6% a week on average for past two weeks. | Market Behavior | Growth stock 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(60%) DIA(53%) SPLV(52%) VYM(49%) IBB(48%) | Factors Impacting ABBV price | ABBV will decline at least -0.585% in a week (0% probabilities). VXX(-34%) VIXM(-31%) USO(-20%) TBT(-17%) GLD(-7%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -0.585% (StdDev 1.17%) | Hourly BBV | 1.4 () | Intraday Trend | 1.7% | | | |
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5 Day Moving Average | $147.16(1.19%) | 10 Day Moving Average | $147.25(1.13%) | 20 Day Moving Average | $148.77(0.09%) | To recent high | -2.2% | To recent low | 12.4% | Market Cap | $262.719b | | | | 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. |