Trading Signals: ABBV Stock Price Prediction and Forecast (Mon. Mar. 17, 2014 - Fri. Dec. 22, 2023)(AbbVie Inc.)
| ABBV latest price $97.6000 (-0.56%) ($96.2800 - $97.7450) on Thu. Nov. 12, 2020. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 1.82% (three month average) | RSI | 73 | Latest Price | $97.6000(-0.56%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | ABBV advances 0.8% a day on average for past five trading days. | Weekly Trend | ABBV advances 8.2% 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(47%) SPLV(36%) VYM(34%) DIA(32%) XLP(32%) | Factors Impacting ABBV price | ABBV will decline at least -0.91% in a week (0% probabilities). VIXM(-24%) UUP(-9%) VXX(-5%) EDOC(-4%) IGOV(-2%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -0.91% (StdDev 1.82%) | Hourly BBV | -1.3 () | Intraday Trend | 0.1% | | | |
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5 Day Moving Average | $96.52(1.12%) | 10 Day Moving Average | $93.47(4.42%) | 20 Day Moving Average | $88.63(10.12%) | To recent high | -1.3% | To recent low | 21.3% | Market Cap | $172.194b | | | | 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. |