Trading Signals: ABBV Stock Price Prediction and Forecast (Mon. Mar. 17, 2014 - Fri. Dec. 22, 2023)(AbbVie Inc.)
| ABBV latest price $149.6200 (-0.47%) ($148.9200 - $151.7500) on Tue. Aug. 8, 2023. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 1.32% (three month average) | RSI | 75 | Latest Price | $149.6200(-0.47%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | ABBV advances 0.1% a day on average for past five trading days. | Weekly Trend | ABBV advances 2.5% 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(60%) SPLV(53%) DIA(51%) VYM(49%) SDY(47%) | Factors Impacting ABBV price | ABBV will decline at least -0.66% in a week (0% probabilities). VXX(-34%) VIXM(-32%) USO(-19%) TBT(-11%) BNDX(-8%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -0.66% (StdDev 1.32%) | Hourly BBV | 0.3 () | Intraday Trend | -0.9% | | | |
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5 Day Moving Average | $149.22(0.27%) | 10 Day Moving Average | $148.65(0.65%) | 20 Day Moving Average | $143.86(4%) | To recent high | -0.8% | To recent low | 12.9% | Market Cap | $263.972b | | | | 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. |