The Greedy Trader Weekly Analysis
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Downtrend Broken Resistance

Downtrend Broken 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. Downtrend broken resistance stock market alert is a trend trading warning signal. It is a confirmation that long term downtrend reversal is completed and a new uptrend is establiched.

Unlike other alerts, broken resistance is not a buy/sell signal. It is rather warning signal that trend direction has changed. For entry point it is usually better to wait for pull back and retest of resistance line. This point is considered as a second chance to participate in downtrend reversal.

Downtrend Broken Resist.

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- 11/21/2025 -
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AbbVie (ABBV) Technical Analysis

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Summary:
Weekly :Overbought sectorBroken trend resistance line
Daily :Relative Strength Index is overbought20 Day Moving Average has crossed below the 50 Day Moving Average
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It was a third positive week after 4 consecutive negative weeks for the AbbVie (ABBV). During the week, the ABBV gained 3.92 points, or 1.69%, and closed at 236.28 on Friday, November 21, 2025. ABBV was trading at average weekly trading volume.

ABBV 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 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 188.73 and resistance is at 245.12. 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 211.69 on November 3, 2025. ABBV lost 33.12 points, or 13.53%, in 4 weeks. The chart has formed a Falling Channel chart pattern. The downtrend resistance line (198.50) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. ABBV may retest the broken resistance line. It is considered to be a support line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a medium-term trend.

Weekly Technical Indicators: [See ABBV weekly technical indicators chart]
Weekly technical indicators are neutral.

The weekly MACD line is above its signal line since August 1, 2025. The distance between MACD and the signal line is low, but getting bigger. 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 November 3, 2025 at 211.69 and reached 239.29 on November 13, 2025. ABBV gained -27.60 points, or -13.04%, in 10 days. The price is now at the 10.91% retracement level.

Daily Technical Indicators: [See ABBV daily technical indicators chart]
Daily Relative Strength Index is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Relative Strength Index. 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 Relative Strength Index help.

The daily MACD line is above its signal line since November 11, 2025. This is an indication that the short-term trend is up.

During the last week, the 20 Day Moving Average has crossed below the 50 Day Moving Average. Such crossover is considered a bearish 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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 83.59
Overbought
Williams' Percentage Range (W%R) 31.70
Lane's Stochastic (%D-Slow) 74.46
Greed/Fear Indicator (GFI) 75.46
Moving Average Converg./Diverg. (MACD) 1.26
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 72.61
Williams' Percentage Range (W%R) 23.70
Lane's Stochastic (%D-Slow) 50.71
Greed/Fear Indicator (GFI) 62.14
Moving Average Converg./Diverg. (MACD) 8.97
Trading Signals
Description Value Chart
Yearly Trendline Resistance 245.12
Upper Bollinger Band 242.71
Price 236.28
Daily Stochastic Crossing 235.52
Weekly Stochastic Crossing 227.58
50 Day Moving Average 226.74
20 Day Moving Average 225.90
Parabolic System 223.62
Lower Bollinger Band 213.97
Monthly Trendline Resistance 210.23
Monthly Trendline Support 198.50
Sector and Industry
Description Name Rank
Sector Health Care 12
Industry Pharmaceuticals 88
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 228.00
Low Date 11/20/2025
High 238.01
High Date 11/21/2025
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 211.69
Low Date 11/03/2025
High 239.29
High Date 11/13/2025
Description Value
Direction Down
Chart Pattern Falling Channel
Status Broken Resistance
Resistance 210.23
Support 198.50
High 244.81
High Date 10/01/2025
Low 211.69
Low Date 11/03/2025
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 164.40
Low Date 04/09/2025
High 244.81
High Date 10/01/2025
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 245.12
Support 188.73
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.