AbbVie Stock Forecast - Price Action Indicator

ABBV Stock  USD 176.95  5.22  3.04%   
AbbVie Stock Forecast is based on your current time horizon.
  
Asset Turnover is likely to climb to 0.57 in 2024, whereas Inventory Turnover is likely to drop 2.03 in 2024. . Common Stock Shares Outstanding is likely to climb to about 1.8 B in 2024. Net Income Applicable To Common Shares is likely to climb to about 14.3 B in 2024.
AbbVie Inc has current Price Action Indicator of 3.38. Price Action indicator evaluates an asset for a given trading period using the following formula: ((close - open) + (close - high) + (close - low)) / 2. This indicator is consistent with the interpretation of Japanese candlestick patterns.
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AbbVie Trading Date Momentum

On November 25 2024 AbbVie Inc was traded for  176.95  at the closing time. The top price for the day was 178.86  and the lowest listed price was  173.50 . There was no trading activity during the period 0.0. Lack of trading volume on November 25, 2024 did not affect price variability. The overall trading delta against the current closing price is 1.47% .
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
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Other Forecasting Options for AbbVie

For every potential investor in AbbVie, whether a beginner or expert, AbbVie's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. AbbVie Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in AbbVie. Basic forecasting techniques help filter out the noise by identifying AbbVie's price trends.

AbbVie Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with AbbVie stock to make a market-neutral strategy. Peer analysis of AbbVie could also be used in its relative valuation, which is a method of valuing AbbVie by comparing valuation metrics with similar companies.
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AbbVie Inc Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of AbbVie's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of AbbVie's current price.

AbbVie Market Strength Events

Market strength indicators help investors to evaluate how AbbVie stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading AbbVie shares will generate the highest return on investment. By undertsting and applying AbbVie stock market strength indicators, traders can identify AbbVie Inc entry and exit signals to maximize returns.

AbbVie Risk Indicators

The analysis of AbbVie's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in AbbVie's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting abbvie stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Thematic Opportunities

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Additional Tools for AbbVie Stock Analysis

When running AbbVie's price analysis, check to measure AbbVie's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy AbbVie is operating at the current time. Most of AbbVie's value examination focuses on studying past and present price action to predict the probability of AbbVie's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AbbVie's price. Additionally, you may evaluate how the addition of AbbVie to your portfolios can decrease your overall portfolio volatility.