AbbVie (Brazil) Technical Analysis

ABBV34 Stock  BRL 66.56  0.62  0.92%   
As of the 11th of December 2024, AbbVie shows the risk adjusted performance of 0.0109, and Mean Deviation of 1.47. AbbVie Inc technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.

AbbVie Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as AbbVie, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to AbbVie
  
AbbVie's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
AbbVie technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of AbbVie technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of AbbVie trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

AbbVie Inc Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was three with a total number of output elements of fifty-eight. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of AbbVie Inc volatility. High ATR values indicate high volatility, and low values indicate low volatility.

AbbVie Inc Trend Analysis

Use this graph to draw trend lines for AbbVie Inc. You can use it to identify possible trend reversals for AbbVie as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual AbbVie price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

AbbVie Best Fit Change Line

The following chart estimates an ordinary least squares regression model for AbbVie Inc applied against its price change over selected period. The best fit line has a slop of   0.01  , which means AbbVie Inc will continue generating value for investors. It has 122 observation points and a regression sum of squares at 2.23, which is the sum of squared deviations for the predicted AbbVie price change compared to its average price change.

About AbbVie Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of AbbVie Inc on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of AbbVie Inc based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on AbbVie Inc price pattern first instead of the macroeconomic environment surrounding AbbVie Inc. By analyzing AbbVie's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of AbbVie's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to AbbVie specific price patterns or momentum indicators. Please read more on our technical analysis page.

AbbVie December 11, 2024 Technical Indicators

Most technical analysis of AbbVie help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for AbbVie from various momentum indicators to cycle indicators. When you analyze AbbVie charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

AbbVie December 11, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as AbbVie stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

Complementary 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.
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.