Trading Signals: ABBV Stock Price Prediction and Forecast (Mon. Mar. 17, 2014 - Fri. Dec. 22, 2023)(AbbVie Inc.)
| ABBV latest price $95.3500 (-2.5%) ($95.2300 - $97.3600) on Thu. Feb. 13, 2020. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 1.41% (three month average) | RSI | 76 | Latest Price | $95.3500(-2.5%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | ABBV advances 1.8% a day on average for past five trading days. | Weekly Trend | ABBV advances 7.5% a week on average for past two weeks. | Market Behavior | Normal for large cap. Growth stock rally for small cap. | Correlated ETFs | Broad market will support ABBV advance at 0% a week (0% probability) XLV(63%) SPLV(54%) DIA(53%) VYM(53%) IVE(52%) | Factors Impacting ABBV price | ABBV will decline at least -0.705% in a week (0% probabilities). VIXM(-36%) VXX(-14%) TLT(-14%) UUP(-0%) SHY(2%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -0.705% (StdDev 1.41%) | Hourly BBV | -2.1 () | Intraday Trend | -1.6% | | | |
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Inflection Point | Yes | 5 Day Moving Average | $95.24(0.12%) | 10 Day Moving Average | $90.12(5.8%) | 20 Day Moving Average | $87.76(8.65%) | To recent high | -2.5% | To recent low | 17.7% | Market Cap | $168.224b | | | | 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. |