Trading Signals: ABT Stock Price Prediction and Forecast (Mon. Mar. 17, 2014 - Fri. Dec. 22, 2023)(Abbott Laboratories)
| ABT latest price $92.6200 (-0.42%) ($91.7600 - $93.1500) on Tue. Jun. 2, 2020. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 3.96% (three month average) | RSI | 46 | Latest Price | $92.6200(-0.42%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | ABT advances 0.7% a day on average for past five trading days. | Weekly Trend | ABT advances 0.8% a week on average for past two weeks. | Market Behavior | Normal for large cap. Normal for small cap. | Correlated ETFs | Broad market will support ABT advance at 0% a week (0% probability) XLV(59%) SPLV(49%) IVW(47%) IWF(46%) SPY(46%) | Factors Impacting ABT price | ABT will decline at least -1.98% in a week (0% probabilities). VIXM(-27%) UUP(-18%) VXX(-12%) TBT(-1%) IGOV(-1%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -1.98% (StdDev 3.96%) | Hourly BBV | -0.4 () | Intraday Trend | -0.3% | | | |
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Inflection Point | Yes | 5 Day Moving Average | $92.68(-0.06%) | 10 Day Moving Average | $91.4(1.33%) | 20 Day Moving Average | $91.92(0.76%) | To recent high | -5.5% | To recent low | 47.4% | Market Cap | $163.986b | | | | Abbott Laboratories engages in the discovery, development, manufacture, and sale of a broad and diversified line of health care products. It operates through the following segments: Established Pharmaceutical Products, Nutritional Products, Diagnostic Products, Cardiovascular and Neuromodulation Products, and Other. The Established Pharmaceutical Products segment refers to the international sales of a line of branded generic pharmaceutical products. The Nutritional Products segment caters to the worldwide sales of adult and pediatric nutritional products. The Diagnostic Products segment markets diagnostic systems and tests for blood banks, hospitals, commercial laboratories, and alternate-care testing sites. The Vascular Products segment trades coronary, endovascular, structural heart, vessel closure, and other medical device products. The Other segment comprises of Abbott Medical Optics. The company was founded by Wallace Calvin Abbott in 1888 and is headquartered in Abbott Park, IL. |