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Price vs. Lower Bollinger Band: | Crossover |
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Number of records: 10 |
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Advanced TA SearchArchive - 12/13/2024 - Sign In to see current Signals. |
Abbott Labs (ABT) Technical Analysis
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| Summary:
| | Weekly : | | Daily : Move cursor over the icon to see details.
| | It was the negative week for the Abbott Labs (ABT). During the week, the ABT dropped -2.20 points, or -1.90%, and closed at 113.40 on Friday, December 13, 2024. Weekly volume was -16% below average. ABT 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 ABT long-term trend chart] A long-term uptrend had started on October 12, 2023 at 89.67 and reached 121.63 on March 8, 2024. ABT gained -31.96 points, or -35.64%, in 21 weeks. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level. Medium-term trend: [See ABT medium-term trend chart] A medium-term downtrend had started on November 6, 2024 at 121.00 and reached 112.10 on December 13, 2024. ABT lost 8.90 points, or 7.36%, in 5 weeks. The price is now at the 14.61% retracement level. Weekly Technical Indicators: [See ABT weekly technical indicators chart] Weekly technical indicators are neutral. During the last week, weekly MACD line has moved below its signal line. Such crossover is considered a bearish signal. Use the following link to access a MACD help. Short-term trend: [See ABT short-term trend chart] A short-term downtrend had started on November 27, 2024 at 120.50 and reached 112.10 on December 13, 2024. ABT lost 8.40 points, or 6.97%, in 16 days. The price is now at the 15.48% retracement level. Daily Technical Indicators: [See ABT daily technical indicators chart] Daily Lane's Stochastic is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Lane's Stochastic. During the last week, daily Lane's Stochastic main line (%K) has rallied above the oversold signal line (%D). Such crossover is considered a bullish signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help. The daily MACD line is below its signal line since December 2, 2024. This is an indication that the short-term trend is down.
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Daily Oscillators |
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Weekly Oscillators |
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Trading
Signals |
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Sector and
Industry |
Description |
Name |
Rank |
Sector |
Health Care |
2 |
Industry |
Health Care Equipment |
39 |
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Daily Trend |
Description |
Value |
Direction |
Down |
Chart Pattern |
DownTrend |
High |
120.50 |
High Date |
11/27/2024 |
Low |
112.10 |
Low Date |
12/13/2024 |
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Weekly Trend |
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Description |
Value |
Direction |
Down |
Chart Pattern |
DownTrend |
Status |
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Resistance |
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Support |
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High |
121.00 |
High Date |
11/06/2024 |
Low |
112.10 |
Low Date |
12/13/2024 |
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Description |
Value |
Direction |
Up |
Chart Pattern |
Uptrend |
Status |
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Resistance |
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Support |
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Low |
99.71 |
Low Date |
07/18/2024 |
High |
121.00 |
High Date |
11/06/2024 |
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Quarterly Trend |
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Description |
Value |
Direction |
Up |
Chart Pattern |
Uptrend |
Status |
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Resistance |
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Support |
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Low |
89.67 |
Low Date |
10/12/2023 |
High |
121.63 |
High Date |
03/08/2024 |
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Description |
Value |
Direction |
Down |
Chart Pattern |
DownTrend |
Status |
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Resistance |
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Support |
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High |
142.60 |
High Date |
12/27/2021 |
Low |
89.67 |
Low Date |
10/12/2023 |
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