The Greedy Trader Weekly Analysis
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Downtrend Resistance
Downtrend Resistance stock alert presents a technical analysis stock market picking technique based on combination of technical indicators, stock trend analysis, trend following indicators and pattern recognition. Stock market alert is a warning signal. Downtrend Resistance stock alert indicates that price is near long-term resistance trendline and probability of short-term trend reversal is high.

The strategy is based on selling long (or taking short) position on downtrend testing resistance. The strategy has low to medium risk and average reword.

Downtrend Resistance

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- 9/19/2025 -
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Abbott Labs (ABT) Technical Analysis

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Summary:
Weekly :Trend resistance at 137.35
Daily :Relative Strength Index, Lane's Stochastic and MACD bearish divergenceThe price is above the upper Bollinger Band
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It was a fifth consecutive positive week for the Abbott Labs (ABT). During the week, the ABT gained 2.31 points, or 1.73%, and closed at 136.04 on Friday, September 19, 2025. ABT was trading at average weekly trading volume.

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 115.16 and resistance is at 152.18. 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 price is near the trend resistance line (137.35). The resistance is usually stronger when technical indicators are overbought. 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 resistance line 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. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term downtrend is getting weak. 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 September 10, 2025 at 127.45 and reached 136.73 on September 19, 2025. ABT gained -9.28 points, or -7.28%, in 9 days. The price is now at the 7.44% retracement level.

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

The daily MACD line is above its signal line since September 16, 2025. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current short-term uptrend is getting stronger.

The price has closed on Friday above the upper Bollinger Band. It is considered a bullish signal. 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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 59.53
Bearish
Williams' Percentage Range (W%R) 21.90
Lane's Stochastic (%D-Slow) 79.86
Bearish
Greed/Fear Indicator (GFI) 72.51
Moving Average Converg./Diverg. (MACD) 0.58 Bearish
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 50.65
Williams' Percentage Range (W%R) 22.60
Lane's Stochastic (%D-Slow) 73.96
Greed/Fear Indicator (GFI) 66.82
Moving Average Converg./Diverg. (MACD) 1.86
Trading Signals
Description Value Chart
Yearly Trendline Resistance 152.18
Monthly Trendline Resistance 137.35
Price 136.04
Daily Stochastic Crossing 135.51
Upper Bollinger Band 135.34
Weekly Stochastic Crossing 134.16
20 Day Moving Average 132.48
Parabolic System 131.30
50 Day Moving Average 130.45
Lower Bollinger Band 129.83
Monthly Trendline Support 117.91
Yearly Trendline Support 115.16
Sector and Industry
Description Name Rank
Sector Health Care 6
Industry Health Care Equipment 50
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 127.45
Low Date 09/10/2025
High 136.73
High Date 09/19/2025
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 119.77
Low Date 07/17/2025
High 136.73
High Date 09/19/2025
Description Value
Direction Down
Chart Pattern Falling Channel
Status Test Resistance
Resistance 137.35
Support 117.91
High 141.20
High Date 03/04/2025
Low 119.77
Low Date 07/17/2025
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 99.71
Low Date 07/18/2024
High 141.20
High Date 03/04/2025
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 152.18
Support 115.16
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.