Abbott Laboratories Stock Forecast - Price Action Indicator

ABL Stock  EUR 112.84  0.02  0.02%   
Abbott Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Abbott Laboratories' historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Abbott Laboratories has current Price Action Indicator of 0.17. 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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Abbott Laboratories Trading Date Momentum

On November 26 2024 Abbott Laboratories was traded for  112.84  at the closing time. The highest daily price throughout the period was 112.84  and the lowest price was  112.48 . The daily volume was 100.0. The net trading volume on 11/26/2024 did not affect price variability. The overall trading delta to current closing price is 0.32% .
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 Abbott Laboratories

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

Abbott Laboratories 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 Abbott Laboratories stock to make a market-neutral strategy. Peer analysis of Abbott Laboratories could also be used in its relative valuation, which is a method of valuing Abbott Laboratories by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Abbott Laboratories 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 Abbott Laboratories' 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 Abbott Laboratories' current price.

Abbott Laboratories Market Strength Events

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

Abbott Laboratories Risk Indicators

The analysis of Abbott Laboratories' 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 Abbott Laboratories' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting abbott 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.

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Additional Information and Resources on Investing in Abbott Stock

When determining whether Abbott Laboratories is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Abbott Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Abbott Laboratories Stock. Highlighted below are key reports to facilitate an investment decision about Abbott Laboratories Stock:
Check out Historical Fundamental Analysis of Abbott Laboratories to cross-verify your projections.
For more detail on how to invest in Abbott Stock please use our How to Invest in Abbott Laboratories guide.
You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Please note, there is a significant difference between Abbott Laboratories' value and its price as these two are different measures arrived at by different means. Investors typically determine if Abbott Laboratories is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Abbott Laboratories' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.