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Pharmaceuticals Industry Stocks Technical Analysis - ABBV

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- 8/14/2026 -
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AbbVie (ABBV) Technical Analysis

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Summary:
Weekly :Overbought sectorTrend support at 247.75
Daily :Stochastic signal line moved above oversold areaThe price has risen above the Parabolic SARThe price is close to the moving average in the center of the Bollinger Bands
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It was a first positive week for the AbbVie (ABBV). During the week, the ABBV gained 3.42 points, or 1.39%, and closed at 249.46 on Friday, August 14, 2026. Weekly volume was -34% below average.

ABBV is a member of Health Care Sector. Health Care is the most overbought 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 267.47 on July 29, 2026. ABBV gained -136.51 points, or -104.24%, in 161 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 198.72 and resistance is at 283.44. 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 uptrend had started on April 29, 2026 at 190.75 and reached 267.47 on July 29, 2026. ABBV gained -76.72 points, or -40.22%, in 13 weeks. The chart has formed a Rising Channel chart pattern. The price is near the trend support (247.75) line. The support is usually stronger when technical indicators are oversold. 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 support 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 above its signal line since June 5, 2026. This is an indication that the medium-term trend is up. 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 August 6, 2026 at 241.20 and reached 255.30 on August 13, 2026. ABBV gained -14.10 points, or -5.85%, in 7 days. The price is now at the 41.42% retracement level.

Daily Technical Indicators: [See ABBV daily technical indicators chart]
Daily technical indicators are neutral. During the last week, daily Lane's Stochastic signal line (%D) has moved above oversold area. 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 July 29, 2026.

During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.

The price is close to the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 41.04
Williams' Percentage Range (W%R) 64.20
Lane's Stochastic (%D-Slow) 49.29
Greed/Fear Indicator (GFI) 42.04
Moving Average Converg./Diverg. (MACD) 1.63
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 69.47
Williams' Percentage Range (W%R) 22.00
Lane's Stochastic (%D-Slow) 75.99
Greed/Fear Indicator (GFI) 71.11
Moving Average Converg./Diverg. (MACD) 6.34
Trading Signals
Description Value Chart
Yearly Trendline Resistance 283.44
Quarterly Trendline Resistance 271.84
Upper Bollinger Band 261.37
Weekly Stochastic Crossing 254.54
20 Day Moving Average 252.15
Price 249.46
Daily Stochastic Crossing 248.98
Quarterly Trendline Support 247.75
50 Day Moving Average 244.46
Parabolic System 241.25
Lower Bollinger Band 237.80
Sector and Industry
Description Name Rank
Sector Health Care 11
Industry Pharmaceuticals 70
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 241.20
Low Date 08/06/2026
High 255.30
High Date 08/13/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 241.20
Low Date 08/06/2026
High 255.30
High Date 08/13/2026
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 267.47
High Date 07/29/2026
Low 241.20
Low Date 08/06/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Status Test Support
Resistance 271.84
Support 247.75
Low 190.75
Low Date 04/29/2026
High 267.47
High Date 07/29/2026
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 283.44
Support 198.72
Low 130.96
Low Date 06/28/2023
High 267.47
High Date 07/29/2026
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.