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Archive
- 5/23/2025 -
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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 gave back -0.76 points, or -0.41%, and closed at 183.26 on Friday, May 23, 2025. Weekly volume was -17% below 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 218.70 on March 10, 2025. ABBV gained -87.74 points, or -67.00%, in 88 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 176.04 and resistance is at 234.57. 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 March 10, 2025 at 218.70 and reached 164.40 on April 9, 2025. ABBV lost 54.30 points, or 24.83%, in 4 weeks. The price is now at the 34.73% 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 April 4, 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 May 2, 2025 at 198.98 and reached 176.57 on May 15, 2025. ABBV lost 22.41 points, or 11.26%, in 13 days. The chart has formed a Falling Channel chart pattern. The downtrend resistance line (169.14) is broken. A broken support is considered to be a long-term bullish 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 resistance line in a short-term trend.
Daily Technical Indicators: [See ABBV daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is below its signal line since May 13, 2025. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak.
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| Daily Oscillators |
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| Weekly Oscillators |
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| Trading
Signals |
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| Sector and
Industry |
| Description |
Name |
Rank |
| Sector |
Health Care |
4 |
| Industry |
Pharmaceuticals |
23 |
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| Daily Trend |
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| High |
186.00 |
| High Date |
05/20/2025 |
| Low |
180.25 |
| Low Date |
05/22/2025 |
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| Weekly Trend |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
Falling Channel |
| Status |
Broken Resistance |
| Resistance |
181.29 |
| Support |
169.14 |
| High |
198.98 |
| High Date |
05/02/2025 |
| Low |
176.57 |
| Low Date |
05/15/2025 |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| Status |
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| Resistance |
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| Support |
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| High |
218.70 |
| High Date |
03/10/2025 |
| Low |
164.40 |
| Low Date |
04/09/2025 |
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| Quarterly Trend |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Status |
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| Resistance |
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| Support |
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| Low |
163.80 |
| Low Date |
11/19/2024 |
| High |
218.70 |
| High Date |
03/10/2025 |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Broadening Ascending Wedge |
| Status |
Valid |
| Resistance |
234.57 |
| Support |
176.04 |
| Low |
130.96 |
| Low Date |
06/28/2023 |
| High |
218.70 |
| High Date |
03/10/2025 |
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