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Pharmaceuticals Industry Stocks Technical Analysis - ABBV

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- 10/9/2026 -
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AbbVie (ABBV) Technical Analysis

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Summary:
Weekly :Overbought sectorWilliams' Percentage Range is strongly overboughtRelative Strength Index, Lane's Stochastic and MACD bearish divergence
Daily :Lane's Stochastic is overboughtLane's Stochastic bearish divergenceDaily  MACD line has moved above its signal lineThe price has risen above the Parabolic SARThe price is above the upper Bollinger Band
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It was a first positive week for the AbbVie (ABBV). During the week, the ABBV gained 13.65 points, or 5.19%, and closed at 276.47 on Friday, October 9, 2026. It was the best weekly gain since August 21, 2026. Weekly volume was -10% 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 277.60 on October 9, 2026. ABBV gained -146.64 points, or -111.97%, in 171 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 202.08 and resistance is at 290.30. 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 277.60 on October 9, 2026. ABBV gained -86.85 points, or -45.53%, in 23 weeks. Price is near the trend high.

Weekly Technical Indicators: [See ABBV weekly technical indicators chart]
Weekly Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought Williams' Percentage Range. Weekly Relative Strength Index, Lane's Stochastic and MACD have bearish divergence. Use the following links to access the Relative Strength Index, Lane's Stochastic and MACD help, or use the Technical Stock Screener to see the list of stocks with weekly Relative Strength Index, Lane's Stochastic and MACD bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading 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 links to access Lane's Stochastic, Relative Strength Index and Williams' Percentage Range help.

The weekly MACD line is above its signal line since June 5, 2026. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term uptrend is getting stronger. 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 October 2, 2026 at 257.87 and reached 277.60 on October 9, 2026. ABBV gained -19.73 points, or -7.65%, in 7 days. The price is now at the 5.73% retracement level.

Daily Technical Indicators: [See ABBV daily technical indicators chart]
Daily Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Lane's Stochastic. Daily Lane's Stochastic has bearish divergence. Use the following links to access the Lane's Stochastic help, or use the Technical Stock Screener to see the list of stocks with daily Lane's Stochastic bearish divergence.

During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.

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 has closed on Friday above the upper Bollinger Band. It is considered a bullish signal. 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) 72.61
Williams' Percentage Range (W%R) 30.60
Lane's Stochastic (%D-Slow) 81.35
Overbought Bearish
Greed/Fear Indicator (GFI) 74.44
Moving Average Converg./Diverg. (MACD) 2.48
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 58.55
Bearish
Williams' Percentage Range (W%R) 8.80
Strong Overbought
Lane's Stochastic (%D-Slow) 76.95
Bearish
Greed/Fear Indicator (GFI) 75.08
Moving Average Converg./Diverg. (MACD) 10.33 Bearish
Trading Signals
Description Value Chart
Yearly Trendline Resistance 290.30
Price 276.47
Daily Stochastic Crossing 274.56
Upper Bollinger Band 272.95
Weekly Stochastic Crossing 272.77
20 Day Moving Average 265.31
Parabolic System 260.09
50 Day Moving Average 258.89
Lower Bollinger Band 257.50
Sector and Industry
Description Name Rank
Sector Health Care 9
Industry Pharmaceuticals 106
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 257.87
Low Date 10/02/2026
High 277.60
High Date 10/09/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 257.87
Low Date 10/02/2026
High 277.60
High Date 10/09/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 241.20
Low Date 08/06/2026
High 277.60
High Date 10/09/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 190.75
Low Date 04/29/2026
High 277.60
High Date 10/09/2026
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 290.30
Support 202.08
Low 130.96
Low Date 06/28/2023
High 277.60
High Date 10/09/2026
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.