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Pharmaceuticals Industry Stocks Technical Analysis - ABBV

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- 7/17/2026 -
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AbbVie (ABBV) Technical Analysis

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Summary:
Weekly :Overbought sectorLane's Stochastic is overboughtWilliams' Percentage Range is strongly overbought
Daily :Williams' Percentage Range is overboughtThe price has risen above the Parabolic SARPrice is near the Fibonacci 38.2% retracement level
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It was a first positive week for the AbbVie (ABBV). During the week, the ABBV gained 6.41 points, or 2.58%, and closed at 254.49 on Friday, July 17, 2026. Weekly volume was -8% 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 261.64 on July 2, 2026. ABBV gained -130.68 points, or -99.79%, in 157 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 197.00 and resistance is at 279.92. 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 261.64 on July 2, 2026. ABBV gained -70.89 points, or -37.16%, in 9 weeks. The price is now at the 10.09% retracement level.

Weekly Technical Indicators: [See ABBV weekly technical indicators chart]
Weekly Lane's Stochastic is overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Lane's Stochastic or strongly overbought weekly 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 links to access Lane's Stochastic 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 near its high and getting bigger. It indicates that the current medium-term uptrend is strong. 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 July 15, 2026 at 243.07 and reached 260.96 on July 17, 2026. ABBV gained -17.89 points, or -7.36%, in 2 days. Price is near the Fibonacci 38.2% 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.

The daily MACD line is below its signal line since July 9, 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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 51.37
Williams' Percentage Range (W%R) 10.00
Overbought
Lane's Stochastic (%D-Slow) 32.28
Greed/Fear Indicator (GFI) 57.88
Moving Average Converg./Diverg. (MACD) 7.65
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 68.70
Williams' Percentage Range (W%R) 6.50
Strong Overbought
Lane's Stochastic (%D-Slow) 86.54
Overbought
Greed/Fear Indicator (GFI) 81.12
Overbought
Moving Average Converg./Diverg. (MACD) 2.08
Trading Signals
Description Value Chart
Yearly Trendline Resistance 279.92
Upper Bollinger Band 265.55
Weekly Stochastic Crossing 255.07
Price 254.49
Daily Stochastic Crossing 249.40
20 Day Moving Average 246.83
Parabolic System 242.83
50 Day Moving Average 228.11
Lower Bollinger Band 224.11
Sector and Industry
Description Name Rank
Sector Health Care 10
Industry Pharmaceuticals 53
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 243.07
Low Date 07/15/2026
High 260.96
High Date 07/17/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 243.07
Low Date 07/15/2026
High 260.96
High Date 07/17/2026
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 261.64
High Date 07/02/2026
Low 243.07
Low Date 07/15/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 190.75
Low Date 04/29/2026
High 261.64
High Date 07/02/2026
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 279.92
Support 197.00
Low 130.96
Low Date 06/28/2023
High 261.64
High Date 07/02/2026
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.