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Advanced TA SearchArchive - 4/17/2026 - Sign In to see current Signals. |
AbbVie (ABBV) Technical Analysis
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| Summary:
| | Weekly : | | Daily : Move cursor over the icon to see details.
| | It was a first positive week for the AbbVie (ABBV). During the week, the ABBV climbed 0.44 points, or 0.21%, and closed at 208.38 on Friday, April 17, 2026. Weekly volume was 7% above average. ABBV is a member of Health Care Sector. Health Care is the second most oversold sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See ABBV long-term trend chart] A long-term uptrend had started on June 28, 2023 at 130.96 and reached 244.81 on October 1, 2025. ABBV gained -113.85 points, or -86.93%, in 118 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 198.46 and resistance is at 269.01. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a long-term trend.
Medium-term trend: [See ABBV medium-term trend chart] A medium-term downtrend had started on March 4, 2026 at 237.11 and reached 201.66 on April 7, 2026. ABBV lost 35.45 points, or 14.95%, in 4 weeks. The chart has formed a Descending Triangle chart pattern. The trend support level is at 202.88 and resistance is at 210.23. A Descending Triangle is a variation of triangle formation that has a flat support line and falling resistance line. The lower highs indicate the decreasing demand and give the descending triangle definitive bearish bias. A Descending Triangle usually represents a distribution stage in bearish market. A Descending Triangle is considered to be a continuation pattern, especially in a down trend, but it may also mark a reversal in an uptrend. Use the following link to access a Descending Triangle chart pattern help, or use a Technical Stock Screener to see the list of stocks with Descending Triangle pattern in a medium-term trend.
Weekly Technical Indicators: [See ABBV weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since December 5, 2025. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current medium-term downtrend is strong. Use the following link to access a MACD help.
Short-term trend: [See ABBV short-term trend chart] A short-term downtrend had started on April 1, 2026 at 220.45 and reached 201.66 on April 7, 2026. ABBV lost 18.79 points, or 8.52%, in 6 days. Price is near the Fibonacci 38.2% retracement level. The Fibonacci retracement level is considered a support/resistance level.
Daily Technical Indicators: [See ABBV daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is above its signal line since April 7, 2026. The distance between MACD and the signal line is low, but getting bigger.
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