Trading Signals: ABBV Stock Price Prediction and Forecast (Mon. Mar. 17, 2014 - Fri. Dec. 22, 2023)(AbbVie Inc.)
| ABBV latest price $96.0967 (-0.66%) ($95.6620 - $97.0739) on Thu. Jun. 7, 2018. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 2.49% (three month average) | RSI | 34 | Latest Price | $96.0967(-0.66%) | 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 -3.2% a week on average for past two weeks. | Market Behavior | Rotation from growth to value for large cap. Growth stock sell-off for small cap. | Correlated ETFs | Broad market will support ABBV advance at 0% a week (0% probability) XLV(61%) VYM(50%) IVE(49%) IWD(48%) SPLV(48%) | Factors Impacting ABBV price | ABBV will decline at least -1.245% in a week (0% probabilities). VIXM(-14%) TLT(-14%) VXX(-13%) UUP(-11%) DIA(-9%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -1.245% (StdDev 2.49%) | Hourly BBV | 0 () | Intraday Trend | -0.9% | | | |
|
Resistance Level | $99.17 | 5 Day Moving Average | $95.92(0.18%) | 10 Day Moving Average | $96.82(-0.75%) | 20 Day Moving Average | $99.17(-3.1%) | To recent high | -16.2% | To recent low | 11.8% | Market Cap | $169.542b | | | | 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. |