Abbott Stock Technical Analysis

ABT -  USA Stock  

USD 109.45  3.24  3.05%

As of the 24th of June, Abbott Laboratories shows the mean deviation of 1.49, and Risk Adjusted Performance of (0.10). Abbott Laboratories 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. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We have analyzed nineteen technical drivers for Abbott Laboratories, which can be compared to its rivals. Please confirm Abbott Laboratories information ratio, and the relationship between the downside deviation and value at risk to decide if Abbott Laboratories is priced correctly, providing market reflects its regular price of 109.45 per share. Given that Abbott Laboratories has jensen alpha of 0.0134, we suggest you to validate Abbott Laboratories's prevailing market performance to make sure the company can sustain itself at a future point.
  
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Abbott Laboratories Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Abbott, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Abbott
Abbott Laboratories' 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.

Abbott Laboratories Analyst Consensus

Target PriceAdvice# of Analysts
140.33Buy12Odds
Abbott Laboratories current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Abbott analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Abbott stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Abbott Laboratories, talking to its executives and customers, or listening to Abbott conference calls.
Abbott Analyst Advice Details
Abbott Laboratories 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 Abbott Laboratories technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Abbott Laboratories 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...

Abbott Laboratories Technical Analysis

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The output start index for this execution was thirty-six with a total number of output elements of twenty-five. 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 Abbott Laboratories volatility. High ATR values indicate high volatility, and low values indicate low volatility.
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Abbott Laboratories Trend Analysis

Use this graph to draw trend lines for Abbott Laboratories. You can use it to identify possible trend reversals for Abbott Laboratories 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 Abbott Laboratories price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Abbott Laboratories Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Abbott Laboratories applied against its price change over selected period. The best fit line has a slop of   -0.23  , which may imply that the returns on investment in Abbott Laboratories will continue to fail. It has 122 observation points and a regression sum of squares at 1923.21, which is the sum of squared deviations for the predicted Abbott Laboratories price change compared to its average price change.

About Abbott Laboratories 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 Abbott Laboratories 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 Abbott Laboratories based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Abbott Laboratories stock first instead of the macroeconomic environment surrounding Abbott Laboratories. By analyzing Abbott Laboratories'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 Abbott Laboratories'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 Abbott Laboratories specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2019 2020 2021 (projected)
Long Term Debt to Equity0.540.570.48
Interest Coverage7.8710.7117.19

Abbott Laboratories June 24, 2022 Technical Indicators

Most technical analysis of Abbott 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 Abbott from various momentum indicators to cycle indicators. When you analyze Abbott 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.

Abbott Laboratories June 24, 2022 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 Abbott 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.
Please continue to Trending Equities. Note that the Abbott Laboratories information on this page should be used as a complementary analysis to other Abbott Laboratories' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

Complementary Tools for Abbott Stock analysis

When running Abbott Laboratories price analysis, check to measure Abbott Laboratories' 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 Abbott Laboratories is operating at the current time. Most of Abbott Laboratories' value examination focuses on studying past and present price action to predict the probability of Abbott Laboratories' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Abbott Laboratories' price. Additionally, you may evaluate how the addition of Abbott Laboratories to your portfolios can decrease your overall portfolio volatility.
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Is Abbott Laboratories' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Abbott Laboratories. If investors know Abbott will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Abbott Laboratories listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
0.37
Market Capitalization
186 B
Quarterly Revenue Growth YOY
0.14
Return On Assets
0.0856
Return On Equity
0.22
The market value of Abbott Laboratories is measured differently than its book value, which is the value of Abbott that is recorded on the company's balance sheet. Investors also form their own opinion of Abbott Laboratories' value that differs from its market value or its book value, called intrinsic value, which is Abbott Laboratories' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Abbott Laboratories' market value can be influenced by many factors that don't directly affect Abbott Laboratories' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
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 Abbott Laboratories value 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.