ABBVIE INC.
ABBVIE INC.
- USD (-)
- 15 min delayed data - NYSE Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: ABBV
ISIN:

ABBVIE INC. - Daily - Technical analysis published on 08/15/2024 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
72%
6%
22%
My opinion
Bullish above 189.71 USD
My targets
204.04 USD (+5.76%)
220.37 USD (+14.22%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on ABBVIE INC. as long as the price remains well above 189.71 USD. The buyers' bullish objective is set at 204.04 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 220.37 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8.2

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The ABBVIE INC. rating is 192.93 USD. The price registered a decrease of -0.04% on the session with the lowest point at 191.29 USD and the highest point at 194.99 USD. The deviation from the price is +0.86% for the low point and -1.06% for the high point.

191.29
194.99
192.93

The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.

Central Gaps

Opening Gap UP

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by ABBVIE INC.:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

New HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


New HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this Daily chart of ABBVIE INC. indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily


MACD indicator: bearish divergence

Type : Bearish

Timeframe : Daily


RSI indicator: bearish divergence

Type : Bearish

Timeframe : Daily


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

The Central Indicators scanner specialised in technical indicators, has not detected anything further.

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Central Patterns

Near horizontal support

Type : Bullish

Timeframe : Daily



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
Price


S3S2S1Price
ProTrendLines 171.30 178.76 189.71 192.93
Change (%) -11.21% -7.34% -1.67% -
Change -21.63 -14.17 -3.22 -
Level Major Major Minor -



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard188.32189.39191.20192.27194.08195.15196.96
Camarilla192.21192.47192.74193.00193.26193.53193.79
Woodie188.68189.58191.56192.46194.44195.34197.32
Fibonacci189.39190.49191.17192.27193.37194.05195.15


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard177.01180.02184.98187.99192.95195.96200.92
Camarilla187.74188.47189.20189.93190.66191.39192.12
Woodie177.98180.51185.95188.48193.92196.45201.89
Fibonacci180.02183.07184.95187.99191.04192.92195.96


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard143.30152.66168.99178.35194.68204.04220.37
Camarilla178.26180.61182.97185.32187.68190.03192.39
Woodie146.79154.40172.48180.09198.17205.78223.86
Fibonacci152.66162.47168.54178.35188.16194.23204.04

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 69.26
MACD (12,26,9): 5.4800
Directional Movement: 22.91
AROON (14): 92.86
DEMA (21): 192.44
Parabolic SAR (0,02-0,02-0,2): 188.69
Elder Ray (13): 4.99
Super Trend (3,10): 180.85
Zig ZAG (10): 192.71
VORTEX (21): 1.2000
Stochastique (14,3,5): 88.53
TEMA (21): 194.28
Williams %R (14): -15.49
Chande Momentum Oscillator (20): 6.02
Repulse (5,40,3): 0.8500
ROCnROLL: 1
TRIX (15,9): 0.4400
Courbe Coppock: 12.77
MA7: 190.72
MA20: 185.03
MA50: 174.72
MA100: 169.14
MAexp7: 190.70
MAexp20: 185.26
MAexp50: 177.33
MAexp100: 171.64
Price / MA7: +1.16%
Price / MA20: +4.27%
Price / MA50: +10.42%
Price / MA100: +14.07%
Price / MAexp7: +1.15%
Price / MAexp20: +4.12%
Price / MAexp50: +8.78%
Price / MAexp100: +12.39%

Quotes : - 15 min delayed data - NYSE Stocks

This member declared not having a position on this financial instrument or a related financial instrument.

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