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Pharmaceuticals Industry Stocks Technical Analysis - ABBV

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- 2/27/2026 -
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AbbVie (ABBV) Technical Analysis

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Summary:
Weekly :Trend resistance at 230.06
Daily :20 Day Moving Average has crossed above the 50 Day Moving AverageTrend resistance at 231.86
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It was a first positive week for the AbbVie (ABBV). During the week, the ABBV gained 7.27 points, or 3.23%, and closed at 232.08 on Friday, February 27, 2026. Weekly volume was -10% below average.

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 195.12 and resistance is at 263.03. 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 204.27 on February 4, 2026. ABBV lost 40.54 points, or 16.56%, in 18 weeks. The chart has formed a Falling Channel chart pattern. The price is near the trend resistance line (230.06). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line 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 low and getting smaller. It indicates that the current medium-term downtrend is getting weak. 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 February 17, 2026 at 235.25 and reached 221.13 on February 26, 2026. ABBV lost 14.12 points, or 6.00%, in 9 days. The chart has formed a Falling Channel chart pattern. The price is near the trend resistance line (231.86). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line in a short-term trend.

Daily Technical Indicators: [See ABBV daily technical indicators chart]
Daily technical indicators are neutral.

The daily MACD line is above its signal line since January 26, 2026. The distance between MACD and the signal line is low and getting smaller.

During the last week, the 20 Day Moving Average has advanced above the 50 Day Moving Average. Such crossover is considered a bullish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 60.72
Williams' Percentage Range (W%R) 32.80
Lane's Stochastic (%D-Slow) 54.31
Greed/Fear Indicator (GFI) 60.76
Moving Average Converg./Diverg. (MACD) 1.22
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 46.84
Williams' Percentage Range (W%R) 40.50
Lane's Stochastic (%D-Slow) 58.71
Greed/Fear Indicator (GFI) 56.78
Moving Average Converg./Diverg. (MACD) 5.51
Trading Signals
Description Value Chart
Yearly Trendline Resistance 263.03
Upper Bollinger Band 234.12
Price 232.08
Weekly Trendline Resistance 231.86
Quarterly Trendline Resistance 230.06
Daily Stochastic Crossing 227.73
20 Day Moving Average 225.59
Weekly Stochastic Crossing 225.20
50 Day Moving Average 224.23
Parabolic System 221.11
Weekly Trendline Support 220.44
Lower Bollinger Band 217.75
Quarterly Trendline Support 201.36
Yearly Trendline Support 195.12
Sector and Industry
Description Name Rank
Sector Health Care 5
Industry Pharmaceuticals 63
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 221.13
Low Date 02/26/2026
High 232.27
High Date 02/27/2026
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern Falling Channel
Status Test Resistance
Resistance 231.86
Support 220.44
High 235.25
High Date 02/17/2026
Low 221.13
Low Date 02/26/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 204.27
Low Date 02/04/2026
High 235.25
High Date 02/17/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern Falling Channel
Status Test Resistance
Resistance 230.06
Support 201.36
High 244.81
High Date 10/01/2025
Low 204.27
Low Date 02/04/2026
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 263.03
Support 195.12
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.