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Downtrend Broken Resist.Archive - 1/2/2026 - Sign In to see current Signals. |
Abbott Labs (ABT) Technical Analysis
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| Summary:
| | Weekly : | | Daily : Move cursor over the icon to see details.
| | It was the negative week for the Abbott Labs (ABT). During the week, the ABT gave back -0.65 points, or -0.52%, and closed at 124.19 on Friday, January 2, 2026. Weekly volume was -31% below average. ABT is a member of Health Care Sector. Health Care is the most overbought sector. 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 trend support level is at 118.95 and resistance is at 157.91. 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 ABT medium-term trend chart] A medium-term downtrend had started on March 4, 2025 at 141.20 and reached 119.77 on July 17, 2025. ABT lost 21.43 points, or 15.18%, in 19 weeks. The chart has formed a Falling Channel chart pattern. The trend support level is at 118.53 and resistance is at 137.79. A Falling Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Falling Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Channel pattern in a medium-term trend.
Weekly Technical Indicators: [See ABT 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 ABT short-term trend chart] A short-term uptrend had started on December 10, 2025 at 120.70 and reached 129.64 on December 15, 2025. ABT gained -8.94 points, or -7.41%, in 5 days. The chart has formed a Symmetric Triangle chart pattern. The trend support level is at 127.26 and resistance is at 123.88. A Symmetric Triangle pattern represents the area of indecision, where the movement direction is questioned. Chart pattern analysis usually considers a symmetric triangle chart pattern as a continuation formation which resolves in the direction of larger trend, but it also may mark the trend reversal. Use the following link to access a Symmetric Triangle chart pattern help, or use a Technical Stock Screener to see the list of stocks with Symmetric Triangle pattern in a short-term trend.
Daily Technical Indicators: [See ABT daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is above its signal line since December 12, 2025. 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. A Parabolic SAR (stop and reversal) indicator (123.61) comes close to the price (124.19). It indicates that the trend is getting weaker. 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.
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