ABBOTT LABORATORIES
ABBOTT LABORATORIES
- USD (-)
- 15 min delayed data - NYSE Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: ABT
ISIN:

ABBOTT LABORATORIES - 15 min. - Technical analysis published on 11/13/2020 (GMT)

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  • Timeframe : 15 min.
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  • Status : TARGET REACHED

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Summary of the analysis

Trends
Court terme: Neutral
De fond: Bullish
Technical indicators
44%
17%
39%
My opinion
Bullish above 111.76 USD
My targets
112.36 USD (+0.36%)
113.25 USD (+1.16%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on ABBOTT LABORATORIES. As long as you are above the support located at 111.76 USD, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 112.36 USD would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 113.25 USD as an objective. Crossing it would then enable buyers to target 113.84 USD. If the support 111.76 USD were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
3.4

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Doszpy. Take part yourself by sharing additional analysis on another time unit:
1H Daily Weekly

Additional analysis

Quotes

The ABBOTT LABORATORIES price is 111.95 USD. On the day, this instrument lost -0.62% with the lowest point at 111.30 USD and the highest point at 112.86 USD. The deviation from the price is +0.58% for the low point and -0.81% for the high point.

111.30
112.86
111.95

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by ABBOTT LABORATORIES:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in 15 min. of this ABBOTT LABORATORIES chart shows a bullish trend. 64.29% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators market scanner is currently detecting several bearish and bullish signals that could impact this trend:

Central Indicators

Bearish trend reversal : Moving Average 50

Type : Bearish

Timeframe : 15 minutes


Bullish trend reversal : adaptative moving average 100

Type : Bullish

Timeframe : 15 minutes



In fact, only 8 technical indicators out of 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 15 minutes

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Central Indicators

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Central Patterns

Horizontal support is broken

Type : Bearish

Timeframe : 15 minutes



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 106.25 109.80 111.29 111.95 112.94 114.23 115.14
Change (%) -5.09% -1.92% -0.59% - +0.88% +2.04% +2.85%
Change -5.70 -2.15 -0.66 - +0.99 +2.28 +3.19
Level Intermediate Minor Major - Major Minor Intermediate



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard110.28110.87111.76112.36113.25113.84114.73
Camarilla112.24112.38112.51112.65112.79112.92113.06
Woodie110.42110.94111.91112.43113.39113.91114.88
Fibonacci110.87111.44111.79112.36112.92113.27113.84


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard99.61102.86108.64111.89117.67120.92126.70
Camarilla111.94112.77113.59114.42115.25116.08116.90
Woodie100.88103.49109.91112.52118.94121.55127.97
Fibonacci102.86106.31108.44111.89115.34117.47120.92


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard93.6998.41101.76106.48109.83114.55117.90
Camarilla102.89103.63104.37105.11105.85106.59107.33
Woodie93.0198.07101.08106.14109.15114.21117.21
Fibonacci98.41101.49103.40106.48109.56111.47114.55

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 50.36
MACD (12,26,9): -0.1300
Directional Movement: -1.51
AROON (14): -28.57
DEMA (21): 111.73
Parabolic SAR (0,02-0,02-0,2): 111.30
Elder Ray (13): -0.05
Super Trend (3,10): 112.64
Zig ZAG (10): 111.95
VORTEX (21): 0.9200
Stochastique (14,3,5): 38.83
TEMA (21): 111.57
Williams %R (14): -42.98
Chande Momentum Oscillator (20): 0.00
Repulse (5,40,3): 0.4100
ROCnROLL: 1
TRIX (15,9): -0.0200
Courbe Coppock: 1.00
MA7: 112.04
MA20: 109.24
MA50: 107.20
MA100: 102.83
MAexp7: 111.76
MAexp20: 111.89
MAexp50: 111.91
MAexp100: 111.73
Price / MA7: -0.08%
Price / MA20: +2.48%
Price / MA50: +4.43%
Price / MA100: +8.87%
Price / MAexp7: +0.17%
Price / MAexp20: +0.05%
Price / MAexp50: +0.04%
Price / MAexp100: +0.20%

Quotes : 2020-11-12 20:59:59 - 15 min delayed data - NYSE Stocks

This member declared not having a position on this financial instrument or a related financial instrument.

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