Trading Signals: ABBV Stock Price Prediction and Forecast (Mon. Mar. 17, 2014 - Fri. Dec. 22, 2023)(AbbVie Inc.)
| ABBV latest price $76.1900 (1.26%) ($74.4400 - $77.9200) on Tue. Mar. 31, 2020. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 3.3% (three month average) | RSI | 41 | Latest Price | $76.1900(1.26%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | ABBV advances 2.4% a day on average for past five trading days. | Weekly Trend | ABBV declines -3.4% a week on average for past two weeks. | Market Behavior | Broad based sell-off for large cap. Normal for small cap. | Correlated ETFs | Broad market will support ABBV advance at 0% a week (0% probability) XLV(57%) SPLV(45%) VYM(43%) DIA(41%) IVE(41%) | Factors Impacting ABBV price | ABBV will decline at least -1.65% in a week (0% probabilities). VIXM(-27%) UUP(-11%) VXX(-8%) TLT(-7%) UNG(3%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -1.65% (StdDev 3.3%) | Hourly BBV | 0.3 () | Intraday Trend | 1% | | | |
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Resistance Level | $77.02 | 5 Day Moving Average | $73.17(4.13%) | 10 Day Moving Average | $71.01(7.29%) | 20 Day Moving Average | $77.02(-1.08%) | To recent high | -22.1% | To recent low | 18.1% | Market Cap | $134.421b | | | | 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. |