Trading Signals: ABBV Stock Price Prediction and Forecast

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Fri. Dec. 22, 2023

Trading Signals: ABBV Stock Price Prediction and Forecast (Mon. Mar. 17, 2014 - Fri. Dec. 22, 2023)

(AbbVie Inc.)
ABBV latest price $155.1800 (1.7%) ($153.0890 - $155.4600) on Fri. Dec. 22, 2023.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.1% (three month average)
RSI   83
Latest Price   $155.1800(1.7%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   ABBV advances 0.2% a day on average for past five trading days.
Weekly Trend   ABBV advances 2.1% a week on average for past two weeks.
Market Behavior   Value stock rally for large cap. Broad based rally for small cap.
Correlated ETFs   Broad market will support ABBV advance at 0% a week (0% probability)
IBB(86%)    DIA(85%)    XBI(85%)    LIT(84%)    VFMO(80%)
Factors Impacting ABBV price   ABBV will decline at least -0.55% in a week (0% probabilities).
VXX(-80%)    BNDX(-64%)    VIXM(-58%)    VCSH(-6%)    BND(-4%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.55% (StdDev 1.1%)
Hourly BBV 0 ()
Intraday Trend 1.2%

5 Day Moving Average   $153.3(1.23%)
10 Day Moving Average   $153.43(1.14%)
20 Day Moving Average   $148.74(4.33%)
To recent high   0%
To recent low   12.8%
Market Cap   $273.781b

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.

$. ABBV price fluctuates within 4.01% (three month std-dev: 1.1%) daily (68% of days).

Sample size 50 Average positive next day return: 1.25%(62%) Average negative next day return: -1.46%(38%) Sample size 50 Average positive next three day return: 2.59%(56%) Average negative next three day return: -2.35%(44%) Sample size 50 Average positive next weekly return: 3.28%(46%) Average negative next weekly return: -2.13%(54%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

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i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Dec_22_2023	147.24	148.74	153.43	153.3	153.24	153.23	155.18(1.7%)	UT	HoldLong	65	0.3	66	-0	43	133	1.33	52%	0.05	63.1	1.1%	0	1.1	83	1.4
2	Dec_21_2023	147.17	147.92	152.86	153.07	152.94	152.53	152.59(0.59%)	N/A	N/A	0	-0.1	-11	-20	-53	115	4.04	49%	0.02	63.8	1.08%	-1	0.8	82	0.6
3	Dec_20_2023	147.14	147.24	152.45	153.53	153.45	153.25	151.69(-1.24%)	UD	OpenLong	65	-0.3	25	-10	-21	161	4.72	49%	0.02	65.4	1.08%	-3.1	0.7	82	0.3
4	Dec_19_2023	147.11	146.6	151.99	154.05	153.81	153.36	153.6(0.12%)	UT	HoldLong	50	-0.1	42	-30	-14	210	5.48	51%	0.03	67.7	1.07%	-0.6	1.1	94	0.7
5	Dec_18_2023	147.07	145.84	151.14	153.98	153.82	153.65	153.42(-0.4%)	UT	HoldLong	50	-0.1	47	-10	-16	237	5.29	53%	0.02	67.8	1.07%	-0.4	1.2	94	0.8

6	Dec_15_2023	147.04	145.07	150.25	153.54	153.6	154.26	154.04(-0.54%)	UT	HoldLong	50	0.1	103	30	45	275	15.2	53%	0.03	67.5	1.08%	0.4	1.5	90	0.8
7	Dec_14_2023	146.99	144.27	149.2	152.59	152.86	153.99	154.88(0.38%)	UT	HoldLong	65	0.4	153	60	103	301	7.87	56%	0.09	66.3	1.08%	1.4	1.8	93	1.6
8	Dec_13_2023	146.86	143.37	147.94	151.21	151.5	152.94	154.3(0.69%)	UT	HoldLong	65	0.6	162	70	118	294	7.82	58%	0.09	61.1	1.1%	1.6	2	93	1.4
9	Dec_12_2023	146.73	142.52	146.37	149.62	149.92	151.72	153.24(1.32%)	UT	HoldLong	65	0.7	172	90	139	272	5.88	58%	0.07	55.4	1.11%	1.5	2.2	91	1.6
10	Dec_11_2023	146.63	141.74	144.85	147.89	148.31	150.07	151.24(1.31%)	UT	HoldLong	65	0.8	178	90	155	247	6.34	56%	0.05	49.8	1.1%	0.8	2.2	91	1.4

11	Dec_8_2023	146.55	141.07	143.61	146.47	146.52	148.12	149.28(0.89%)	UT	HoldLong	65	0.8	142	80	119	211	5.69	54%	0.05	43.8	1.09%	1.6	2.3	89	1.2
12	Dec_7_2023	146.48	140.47	142.52	145.3	145.32	146.55	147.97(1.09%)	UT	HoldLong	65	0.9	138	60	120	192	7.22	57%	0.07	33.2	1.08%	1.4	2.4	88	1
13	Dec_6_2023	146.38	140.12	141.54	144.18	144.25	144.92	146.38(1.25%)	UT	HoldLong	65	0.8	111	30	94	160	4.98	55%	0.07	27.1	1.11%	1.8	2.4	88	1.2
14	Dec_5_2023	146.28	139.87	140.74	142.6	142.91	144.09	144.57(0.29%)	UT	HoldLong	65	0.9	91	60	79	125	3.96	51%	0.07	14.2	1.1%	0.8	2.1	81	1.3
15	Dec_4_2023	146.18	139.66	140.09	141.31	141.47	143.58	144.15(0.52%)	UT	OpenLong	75	1.4	129	110	133	118	4.85	51%	0.05	-3.5	1.11%	0.9	2.2	75	1.4

16	Dec_1_2023	146.1	139.49	139.47	140.29	140.12	141.73	143.41(0.72%)	UT	OpenLong	75	1.8	135	80	146	101	4.9	51%	0.07	-13.4	1.12%	1	2.2	73	1.3
17	Nov_30_2023	146	139.44	138.92	139.35	139.04	139.36	142.39(2.81%)	UT	OpenLong	75	1.7	53	10	55	46	9.3	51%	0.05	-34.1	1.12%	1.9	1.7	73	1.4
18	Nov_29_2023	145.93	139.41	138.42	138.56	138.77	138.52	138.5(0.3%)	DP	OpenShort	-75	-0	-14	-10	-14	-14	4	46%	0.02	-53.2	1.06%	-0.1	-0.5	29	1.3
19	Nov_28_2023	145.9	139.54	138.37	138.61	138.92	138.71	138.08(-0.73%)	DT	OpenShort	-75	-0.3	-19	-0	-15	-29	5.35	46%	0.03	-64.8	1.06%	-1.3	-0.8	26	1.5
20	Nov_27_2023	145.86	139.54	138.43	138.65	138.94	139.02	139.09(0.3%)	DP	OpenShort	-65	0.2	-5	10	3	-30	5.53	46%	0.03	-70.8	1.06%	0.3	-0.4	37	1.3

21	Nov_24_2023	145.82	139.73	138.37	138.5	138.71	139.13	138.67(0.14%)	N/A	N/A	0	0.1	7	30	22	-38	1.64	46%	0.06	-91.5	1.06%	0	-0.6	33	1.4
22	Nov_22_2023	145.73	140.04	138.31	138.42	138.45	138.85	138.47(-0.19%)	N/A	N/A	0	0	14	20	36	-54	3.43	46%	-0.05	-72.8	1.05%	-0.2	-0.7	26	1.2
23	Nov_21_2023	145.8	140.36	138.62	138.24	138.23	138.28	138.73(0.3%)	N/A	N/A	0	0.2	0	0	22	-66	4.69	46%	0.03	-74.9	1.06%	1.2	-0.6	32	1.3
24	Nov_20_2023	145.76	140.72	138.93	138.11	137.93	138.04	138.31(0.01%)	DP	OpenShort	-75	0.1	-31	0	-14	-81	4.49	46%	0.02	-79.3	1.06%	1.3	-0.9	39	1.4
25	Nov_17_2023	145.73	141.03	139.21	138.18	138.15	138.19	138.3(0.01%)	DP	OpenShort	-65	0	-6	0	16	-72	4.33	46%		-78.8	1.06%	0.4	-1	36	1.5
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD