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Advanced TA SearchArchive - 6/5/2026 - Sign In to see current Signals. |
AbbVie (ABBV) Technical Analysis
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| Summary:
| | | Weekly : | | Daily :  Move cursor over the icon to see details.
| | It was a fourth consecutive positive week for the AbbVie (ABBV). During the week, the ABBV gained 9.51 points, or 4.37%, and closed at 227.23 on Friday, June 5, 2026. ABBV was trading at average weekly trading volume.
Long-term trend: [See ABBV long-term trend chart] A long-term uptrend had started on June 28, 2023 at 130.96 and reached 244.81 on October 1, 2025. ABBV gained -113.85 points, or -86.93%, in 118 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 201.80 and resistance is at 274.99. 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 October 1, 2025 at 244.81 and reached 190.75 on April 29, 2026. ABBV lost 54.06 points, or 22.08%, in 30 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 187.48 and resistance is at 232.26. Use the following link to access a Broadening Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a medium-term trend.
Weekly Technical Indicators: [See ABBV weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since December 5, 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 ABBV short-term trend chart] A short-term uptrend had started on June 4, 2026 at 224.99 and reached 230.47 on June 5, 2026. ABBV gained -5.48 points, or -2.44%, in 1 days. The price is now at the 59.12% retracement level.
Daily Technical Indicators: [See ABBV daily technical indicators chart] Daily Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range. 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 link to access Williams' Percentage Range help. The daily MACD line is above its signal line since April 29, 2026. This is an indication that the short-term trend is up. 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.
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