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Pharmaceuticals Industry Stocks Technical Analysis - ABBVArchive
- 6/18/2026 -
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AbbVie (ABBV) Technical Analysis
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| Summary:
| | | Weekly : | | Daily : 
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| | It was the negative week for the AbbVie (ABBV). During the week, the ABBV dropped -11.24 points, or -4.94%, and closed at 216.49 on Thursday, June 18, 2026. It was the worst weekly loss since March 20, 2026. Weekly volume was 8% above 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 202.68 and resistance is at 276.58. 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 Broadening Descending Wedge chart pattern. The trend support level is at 185.93 and resistance is at 231.67. Use the following link to access a Broadening Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge 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 above its signal line since June 5, 2026. The distance between MACD and the signal line is low, but getting bigger. 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 June 5, 2026 at 230.47 and reached 215.37 on June 18, 2026. ABBV lost 15.10 points, or 6.55%, in 13 days. The price is now at the 7.42% retracement level.
Daily Technical Indicators: [See ABBV daily technical indicators chart]
Daily technical indicators are neutral.
During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal.
During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward 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.
During the last week, the price has declined below 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.
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