Trading Signals: ABBV Stock Price Prediction and Forecast (Mon. Mar. 17, 2014 - Fri. Dec. 22, 2023)(AbbVie Inc.)
| ABBV latest price $92.2900 (5.86%) ($88.8800 - $92.9800) on Fri. Feb. 7, 2020. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 1.4% (three month average) | RSI | 57 | Latest Price | $92.2900(5.86%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | ABBV advances 2.7% a day on average for past five trading days. | Weekly Trend | ABBV advances 0.4% 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(63%) SPLV(53%) VYM(53%) DIA(52%) IVE(52%) | Factors Impacting ABBV price | ABBV will decline at least -0.7% in a week (0% probabilities). VIXM(-36%) VXX(-14%) TLT(-14%) IGOV(-2%) UUP(-0%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -0.7% (StdDev 1.4%) | Hourly BBV | 1.5 () | Intraday Trend | 3.7% | | | |
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5 Day Moving Average | $86.55(6.63%) | 10 Day Moving Average | $84.79(8.85%) | 20 Day Moving Average | $86.07(7.23%) | To recent high | 0% | To recent low | 13.9% | Market Cap | $162.826b | | | | 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. |