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Downtrend Broken Resist.Archive - 7/10/2026 - 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 dropped -1.47 points, or -1.54%, and closed at 93.93 on Friday, July 10, 2026. Weekly volume was 10% above 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 downtrend had started on March 4, 2025 at 141.20 and reached 81.97 on May 11, 2026. ABT lost 59.23 points, or 41.95%, in 61 weeks. The price is now at the 20.19% retracement level.
Medium-term trend: [See ABT medium-term trend chart] A medium-term uptrend had started on May 11, 2026 at 81.97 and reached 98.14 on July 7, 2026. ABT gained -16.17 points, or -19.73%, in 8 weeks. The chart has formed a Rising Channel chart pattern. The trend support level is at 93.13 and resistance is at 99.22. A Rising 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 Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising 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 above its signal line since June 18, 2026. This is an indication that the medium-term trend is up. 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 July 7, 2026 at 98.14 and reached 93.47 on July 10, 2026. ABT lost 4.67 points, or 4.76%, in 3 days. The price is now at the 9.85% retracement level.
Daily Technical Indicators: [See ABT daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is above its signal line since May 14, 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.
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