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Pharmaceuticals Industry Stocks Technical Analysis - ABBV

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- 5/22/2026 -
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AbbVie (ABBV) Technical Analysis

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Summary:
Weekly :Oversold sector
Daily :Williams' Percentage Range is overboughtPrice is near the Fibonacci 23.6% retracement level
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It was a second consecutive positive week for the AbbVie (ABBV). During the week, the ABBV gained 5.31 points, or 2.52%, and closed at 215.70 on Friday, May 22, 2026. Weekly volume was -13% below average.

ABBV is a member of Health Care Sector. Health Care is the 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 200.91 and resistance is at 273.41. 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 October 1, 2025 at 244.81 and reached 190.75 on April 29, 2026. ABBV lost 54.06 points, or 22.08%, in 30 weeks. The chart has formed a Falling Channel chart pattern. The trend support level is at 195.38 and resistance is at 226.74. A Falling Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Falling Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Channel 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. Use the following link to access a MACD help.

Short-term trend: [See ABBV short-term trend chart]
A short-term uptrend had started on May 8, 2026 at 200.02 and reached 220.01 on May 22, 2026. ABBV gained -19.99 points, or -9.99%, in 14 days. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.

Daily Technical Indicators: [See ABBV daily technical indicators chart]
Daily Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range. 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 Williams' Percentage Range help.

The daily MACD line is above its signal line since April 29, 2026. This is an indication that the short-term trend is up.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 64.28
Williams' Percentage Range (W%R) 10.30
Overbought
Lane's Stochastic (%D-Slow) 78.47
Greed/Fear Indicator (GFI) 77.49
Moving Average Converg./Diverg. (MACD) 0.20
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 40.59
Williams' Percentage Range (W%R) 43.40
Lane's Stochastic (%D-Slow) 35.20
Greed/Fear Indicator (GFI) 46.31
Moving Average Converg./Diverg. (MACD) -1.17
Trading Signals
Description Value Chart
Quarterly Trendline Resistance 226.74
Upper Bollinger Band 219.36
Daily Stochastic Crossing 217.23
Price 215.70
50 Day Moving Average 208.31
20 Day Moving Average 207.32
Parabolic System 205.36
Weekly Stochastic Crossing 203.43
Yearly Trendline Support 200.91
Lower Bollinger Band 199.00
Quarterly Trendline Support 195.38
Sector and Industry
Description Name Rank
Sector Health Care 1
Industry Pharmaceuticals 45
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 200.02
Low Date 05/08/2026
High 220.01
High Date 05/22/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 190.75
Low Date 04/29/2026
High 220.01
High Date 05/22/2026
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 237.11
High Date 03/04/2026
Low 190.75
Low Date 04/29/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern Falling Channel
Status Valid
Resistance 226.74
Support 195.38
High 244.81
High Date 10/01/2025
Low 190.75
Low Date 04/29/2026
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 273.41
Support 200.91
Low 130.96
Low Date 06/28/2023
High 244.81
High Date 10/01/2025
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.