The Greedy Trader Weekly Analysis
Sign In Jun 18, 2026
Skip Navigation Links
Share
Number of records: 3
Symbol:  

• Symbol Lookup
• View Technical Chart
• Add to Watch List
• Candlestick Patterns - N/A
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals

Pharmaceuticals Industry Stocks Technical Analysis - ABBV

Archive
- 6/12/2026 -
Sign In to see current Signals.

AbbVie (ABBV) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Weekly  MACD line has moved above its signal line
Daily :Williams' Percentage Range is overbought
Move cursor over the icon to see details.

It was a fifth consecutive positive week for the AbbVie (ABBV). During the week, the ABBV climbed 0.50 points, or 0.22%, and closed at 227.73 on Friday, June 12, 2026. Weekly volume was -28% below average.

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 202.29 and resistance is at 275.87. 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 186.62 and resistance is at 231.93. 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.

During the last week, weekly MACD line has moved above its signal line. Such crossover is considered a bullish signal. 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 8, 2026 at 221.17 and reached 228.40 on June 12, 2026. ABBV gained -7.23 points, or -3.27%, in 4 days. The price is now at the 9.27% 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 distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 65.74
Williams' Percentage Range (W%R) 13.00
Overbought
Lane's Stochastic (%D-Slow) 75.41
Greed/Fear Indicator (GFI) 76.04
Moving Average Converg./Diverg. (MACD) 3.69
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 48.51
Williams' Percentage Range (W%R) 20.70
Lane's Stochastic (%D-Slow) 73.07
Greed/Fear Indicator (GFI) 69.62
Moving Average Converg./Diverg. (MACD) -1.40
Trading Signals
Description Value Chart
Quarterly Trendline Resistance 231.93
Upper Bollinger Band 230.34
Price 227.73
Daily Stochastic Crossing 226.77
Weekly Stochastic Crossing 223.11
20 Day Moving Average 218.23
Parabolic System 215.19
50 Day Moving Average 210.80
Lower Bollinger Band 207.26
Yearly Trendline Support 202.29
Quarterly Trendline Support 186.62
Sector and Industry
Description Name Rank
Sector Health Care 5
Industry Pharmaceuticals 62
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 221.17
Low Date 06/08/2026
High 228.40
High Date 06/12/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 200.02
Low Date 05/08/2026
High 230.47
High Date 06/05/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 190.75
Low Date 04/29/2026
High 230.47
High Date 06/05/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
Status Valid
Resistance 231.93
Support 186.62
High 244.81
High Date 10/01/2025
Low 190.75
Low Date 04/29/2026
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 275.87
Support 202.29
Low 130.96
Low Date 06/28/2023
High 244.81
High Date 10/01/2025
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.