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Archive - 2/20/2026 - Sign In to see current Signals. |
AbbVie (ABBV) Technical Analysis
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| Summary:
| | | Weekly : | | Daily :   Move cursor over the icon to see details.
| | It was the negative week for the AbbVie (ABBV). During the week, the ABBV dropped -6.69 points, or -2.89%, and closed at 224.81 on Friday, February 20, 2026. ABBV was trading at average weekly trading volume.
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 194.62 and resistance is at 262.15. 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 price is now at the 50.67% retracement level.
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. 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 February 4, 2026 at 204.27 and reached 235.25 on February 17, 2026. ABBV gained -30.98 points, or -15.17%, in 13 days. The chart has formed a Rising Wedge chart pattern. The uptrend support line (234.59) is broken. A broken support is considered to be a long-term bearish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support 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. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak. 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. Price is close to the 50 Day Moving Average. 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.
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