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Advanced TA SearchArchive - 4/17/2025 - 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 a second consecutive positive week for the Abbott Labs (ABT). During the week, the ABT gained 4.08 points, or 3.22%, and closed at 130.98 on Thursday, April 17, 2025. Weekly volume was 73% above average.
Long-term trend: [See ABT long-term trend chart] A long-term uptrend had started on July 18, 2024 at 99.71 and reached 141.20 on March 4, 2025. ABT gained -41.49 points, or -41.61%, in 32 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 116.68 and resistance is at 149.49. 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 120.50 on April 7, 2025. ABT lost 20.70 points, or 14.66%, in 4 weeks. The price is now at the 50.63% retracement level.
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, but getting bigger. It indicates that the current medium-term downtrend is getting stronger. 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 April 11, 2025 at 128.50 and reached 125.60 on April 15, 2025. ABT lost 2.90 points, or 2.26%, in 4 days. The price is now at the 185.52% retracement level.
Daily Technical Indicators: [See ABT daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal. During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward 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. During the last week, the price has moved above the moving average in the center of the Bollinger Bands. 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 price 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.
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