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Archive
- 2/6/2026 -
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AbbVie (ABBV) Technical Analysis
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| Summary:
| | | Weekly : | | Daily : 
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| | It was a third positive week after 3 consecutive negative weeks for the AbbVie (ABBV). During the week, the ABBV climbed 0.42 points, or 0.19%, and closed at 223.43 on Friday, February 6, 2026. Weekly volume was 45% 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 193.74 and resistance is at 260.57. 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 47.26% 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 downtrend had started on February 2, 2026 at 229.79 and reached 204.27 on February 4, 2026. ABBV lost 25.52 points, or 11.11%, in 2 days. The price is now at the 75.08% retracement level.
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. The distance between MACD and the signal line is low and getting smaller.
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.
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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