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- 4/24/2026 -
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Abbott Labs (ABT) Technical Analysis

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Summary:
Weekly :Oversold sectorOversold industryBroken trend support line - Downtrend exhaustionRelative Strength Index oversoldWilliams' Percentage Range and Lane's Stochastic are strongly oversoldBroken trend support line
Daily :The price has fallen below the Parabolic SARWilliams' Percentage Range and Lane's Stochastic are oversoldMACD bullish divergence20 Day Moving Average has crossed above the 50 Day Moving AverageTrend support at 90.49The period of high volatility of the stock price
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It was the negative week for the Abbott Labs (ABT). During the week, the ABT dropped -5.68 points, or -5.87%, and closed at 91.13 on Friday, April 24, 2026. Weekly volume was 66% above average.

ABT is a member of Health Care Sector. Health Care is the most oversold sector. ABT is a member of Health Care Equipment Industry. Health Care Equipment is the seventh most oversold industry. 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 ABT long-term trend chart]
A long-term uptrend had started on October 12, 2023 at 89.67 and reached 141.20 on March 4, 2025. ABT gained -51.53 points, or -57.47%, in 72 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend support line (123.00) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. ABT may retest the broken support line. It is considered to be a resistance line now. 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 long-term trend.

Medium-term trend: [See ABT medium-term trend chart]
A medium-term downtrend had started on March 4, 2025 at 141.20 and reached 90.72 on April 23, 2026. ABT lost 50.48 points, or 35.75%, in 59 weeks. The chart has formed a Falling Channel chart pattern. The downtrend support line (117.71) is broken, while daily and weekly technical indicators are oversold. Downtrend is exhausted and trend reversal is possible soon. 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 medium-term trend.

Weekly Technical Indicators: [See ABT weekly technical indicators chart]
Weekly Relative Strength Index is oversold while Williams' Percentage Range and Lane's Stochastic are strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold weekly Relative Strength Index or strongly oversold weekly Williams' Percentage Range and Lane's Stochastic. 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, Relative Strength Index and Williams' Percentage Range help.

The weekly MACD line is below its signal line since April 4, 2025. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current medium-term downtrend is strong. Use the following link to access a MACD help.

Short-term trend: [See ABT short-term trend chart]
A short-term downtrend had started on February 27, 2026 at 116.82 and reached 90.72 on April 23, 2026. ABT lost 26.10 points, or 22.34%, in 55 days. The chart has formed a Broadening Descending Wedge chart pattern. The price is near the trend support (90.49) line. The support is usually stronger when technical indicators are oversold. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend support line in a short-term trend.

Daily Technical Indicators: [See ABT daily technical indicators chart]
Daily Williams' Percentage Range and Lane's Stochastic are strongly oversold. Use the Technical Stock Screener to see the list of stocks with daily strongly oversold Williams' Percentage Range and Lane's Stochastic. Daily MACD has bullish divergence. Use the following links to access the MACD help, or use the Technical Stock Screener to see the list of stocks with daily MACD bullish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal.

The daily MACD line is below its signal line since April 15, 2026. This is an indication that the short-term trend is down.

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.

The distance between the Bollinger Bands is 124.39% higher then one year average. It indicates the period of high volatility of the stock price. 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.

During the last week, the 20 Day Moving Average has advanced above the 50 Day Moving Average. Such crossover is considered a bullish signal. 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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 23.89
Williams' Percentage Range (W%R) 90.30
Strong Oversold
Lane's Stochastic (%D-Slow) 8.20
Strong Oversold
Greed/Fear Indicator (GFI) 13.93
Oversold
Moving Average Converg./Diverg. (MACD) -3.30 Bullish
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 19.02
Oversold
Williams' Percentage Range (W%R) 96.30
Strong Oversold
Lane's Stochastic (%D-Slow) 8.23
Strong Oversold
Greed/Fear Indicator (GFI) 17.20
Oversold
Moving Average Converg./Diverg. (MACD) -5.46
Trading Signals
Description Value Chart
Upper Bollinger Band 107.30
50 Day Moving Average 106.13
Weekly Trendline Resistance 99.43
20 Day Moving Average 99.21
Parabolic System 98.81
Weekly Stochastic Crossing 92.88
Daily Stochastic Crossing 91.31
Price 91.13
Weekly Trendline Support 90.49
Lower Bollinger Band 90.22
Sector and Industry
Description Name Rank
Sector Health Care 1
Industry Health Care Equipment 7
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 91.59
High Date 04/22/2026
Low 90.72
Low Date 04/23/2026
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
Status Test Support
Resistance 99.43
Support 90.49
High 116.82
High Date 02/27/2026
Low 90.72
Low Date 04/23/2026
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 137.49
High Date 09/22/2025
Low 90.72
Low Date 04/23/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern Falling Channel
Status Broken Support
Resistance 136.98
Support 117.71
High 141.20
High Date 03/04/2025
Low 90.72
Low Date 04/23/2026
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Broken Support
Resistance 164.03
Support 123.00
Low 89.67
Low Date 10/12/2023
High 141.20
High Date 03/04/2025
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.