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Takip Edin: @UscMarketsABBV Stock Forecast & AbbVie Chart Analysis
This article provides a detailed analysis of ABBV-AbbVie Inc. stock including a forecast for ABBV shares. It features AbbVie Inc. technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions
Stocks can be purchased through banks, brokerage firms, investment funds, and individual retirement systems.
ABBV Historical Data Review
ABBV Current Price Performance Analysis
The AbbVie - ABBV stock traded on the American stock market, on 06-05-2024, closed at 165.44$ with a %2.04 increased compared to the previous day.
In the last month, the price of ABBV changed by %1.67 increased in value, from 162.73 dollars on 05-06-2024 to 165.44 dollars, increased.
Last year, the price of ABBV was 135.43 dollars on 06-06-2023, and changed by %22.16 increased in value, to 165.44 dollars increased within a year.
The price of AbbVie stock is riding high above the 50-day and 100-day moving averages. This means it's on a positive run for now, great news for those who got in early. But let's not take our eyes off the ball; no stock climbs forever.
ABBV with AI Stock Forecast & Price Target
On the ABBV chart AbbVie price was recorded as 165.44 Dollars on 06/05/2024.
The artificial intelligence's forecast on ABBV stock is as follows.
The artificial intelligence's prediction error margin for ABBV stock is high.
There are two types of risk factors in the artificial intelligence's targets: timing and target prices.
For example, the target price for one month later may be realized three months later. But there is no guarantee of this.
The average predicted price for AbbVie stock over the next 4 months is: 154.4 Dollars.
The commentary on ABBV stock Target Price: Highest: 171.357 Dollars is predicted.
The commentary on ABBV stock Target Price: Lowest: 146.381 Dollars is predicted.
Resistance Price where AbbVie stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 09-23-2024 | 159.767 |
| 11-12-2024 | 149.942 |
| 01-31-2025 | 153.130 |
| 03-12-2025 | 155.733 |
Support Price where AbbVie stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 08-09-2024 | 152.061 |
| 11-07-2024 | 149.918 |
| 12-17-2024 | 146.381 |
| 02-05-2025 | 152.960 |
The commentary on ABBV stock: The target price can generally be said to be on the decline.
The commentary on ABBV stock: Fluctuations in the target price can be expected in the coming days.
The target price for AbbVie stock by the end of 2024 is predicted to be 148.085 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on ABBV stock, and the 2024 target price predictions for AbbVie are detailed above.
The technical analysis and charts for the commentary on ABBV stock are below.
ABBV Support & Resistance and Trend Analysis
ABBV stock you have reviewed the technical analysis support resistance charts regarding.
ABBV : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the ABBV review, the AbbVie support and resistance prices are as follows.
Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.
AbbVie Support and Resistance Prices:
| ABBV Support Level Price | ABBV Resistance Level Price |
|---|---|
| 135.85 | 144.10 |
| 136.30 | 148.38 |
| 137.14 | 155.89 |
| 150.17 | 166.49 |
| 151.29 | 167.95 |
| 153.58 | 170.37 |
| 156.36 | 175.91 |
| 157.65 | 182.30 |
| 158.12 | 182.89 |
| 159.78 | |
| 162.67 | |
| 167.45 | |
| 175.73 |
ABBV Technical Analysis: SMA, RSI, MACD
Upon reviewing the ABBV chart, buy and sell signals have been generated in the AbbVie technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.
However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.
On The technical analysis chart and stock comments for ABBV stock are as follows:- ABBV technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
- The technical analysis for AbbVie gave a 'Buy' signal when the RSI was at 26.683, with the current RSI value at 53.054.
- The technical analysis for ABBV indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Buy' signal.
- The technical analysis for AbbVie issued a 'Buy' signal when the MACD was at -2.018, with the current MACD value being: -1.095
Basic Technical Analysis Tips for Financial Markets
- Moving averages may not yield reliable results in stagnant, sideways markets.
- According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
- An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
- During a strong upward trend, the RSI can rise above 70 and stay there.
- No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
- Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.
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