Stock Analysis: Abbvie Inc (ABBV)

Stock Analysis for Abbvie Inc (ABBV)

The Interpreter
Hey Friend, I'm analysing ABBVIE INC (ABBV), and it is between the Support of $ 164.24 (61.8% of Fibonacci) and the Resistance of $ 166.51 (PivotR2). The stock is also approaching the line of PivotR2 at $ 166.51, and if it goes above this line it could reach the next Resistance of Triangle projection at $171.16.

Abbvie Inc (ABBV)

$ 166.42 +1.3%

Last Close 17-May-24

Trade ABBV Now

Supports

Next Support: $ 164.24

Pivot R1: $ 163.63
Fibonacci 61.8%: $ 164.24
Triangle Level (2): $ 156.79

Resistances

Next Resistance: $ 166.51

Pivot R2: $ 166.51
Fibonacci 100%: $ 175.91
Triangle Level (2): $ 171.16

Supports and Resistances

Click to Enlarge

Candlesticks, "48-hour" Trade Signals +

Date	Price $	Result %	Candle Name	Side
001 13 Mar 2024	Sell Price: 179.86	Profit: Open Day2 ($ 179.84)	Dark Cloud Cover	Sell
002 11 Mar 2024	Buy Price: 179.63	Profit: Open Day1 ($ 179.72)	Piercing Line	Buy
003 03 Nov 2023	Sell Price: 141.42	Profit: Close Day1 ($ 141.20)	Dark Cloud Cover	Sell
004 04 Oct 2023	Buy Price: 148.01	Profit: Close Day2 ($ 148.24)	Engulfing	Buy
005 04 Oct 2023	Buy Price: 147.69	Profit: Open Day1 ($ 147.93)	Piercing Line	Buy
006 15 Aug 2023	Sell Price: 152.12	Profit: Close Day1 ($ 151.55)	Abandoned Baby	Sell
007 29 Jun 2023	Buy Price: 133.23	Profit: Open Day1 ($ 133.47)	Engulfing	Buy
008One Year Average	Both Sides Result for 7 Signals	Profit: $ 1.61 ($ 0.23 / Signal) +1.0% Gross in 1 Year	All of Them	Buy + Sell

Trading Rules for Candlesticks Patterns.

Buy or Sell on the same day of the signal, during the after-hours trading session.
Watch the Opening and Closing of the next 2 days (4 in total).
Immediately exit the Trade when one of them (Open or Close, Day 1 or 2) gives you a profit.
The table above will show the first Profit opportunity, but not in real-time. Therefore, you must watch the market in real-time with your broker.

Remember: The returns an asset made in the past don't mean that future returns will be the same.

Backtest Lab, "Buy The Dip" Trade Signals +

Find The Lastest Buy Signals for ABBV Below.

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Moving Averages +

Bought Moving Averages

Sold Moving Averages

Simple Moving Averages (SMA) Period	Value $	Signal	Exponential Moving Averages (EMA) Period	Value $	Signal
2	165.41	BUY	2	165.60	BUY
3	164.87	BUY	3	164.95	BUY
5	163.49	BUY	5	164.06	BUY
8	162.38	BUY	8	163.43	BUY
13	162.36	BUY	13	163.29	BUY
21	163.49	BUY	21	164.04	BUY
34	165.33	BUY	34	165.65	BUY
55	170.68	SELL	55	166.91	SELL
90	170.52	SELL	90	166.19	BUY
200	158.30	BUY	200	160.94	BUY

Company Info +

Name & IPO

Abbvie Inc
IPO: 2013-01-02

Stock Ticker & Exchange

Ticker: ABBVIndices: S&P 500,
Exchange: New York Stock Exchange, Inc. (US - USD)

Contact

Website: https://www.abbvie.com/
Phone:

Stock Type

Common Stock

SIC Office

Life Sciences ()

Industry

Pharmaceutical Preparations

EIN

Fiscal Year End

State of Inc.

Balance Sheets +

in USD millions (if not decimal) - Dictionary

Income Statement +

in USD millions (if not decimal) - Dictionary

Statements sources
The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.