Abbott Laboratories (Germany) Technical Analysis

ABL Stock  EUR 100.50  0.02  0.02%   
As of the 24th of April, Abbott Laboratories shows the mean deviation of 0.7078, and Risk Adjusted Performance of (0.02). 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 were able to break down and interpolate thirteen technical drivers for Abbott Laboratories, which can be compared to its peers. Please confirm Abbott Laboratories information ratio, potential upside, and the relationship between the standard deviation and maximum drawdown to decide if Abbott Laboratories is priced correctly, providing market reflects its regular price of 100.5 per share.

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 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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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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.

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   0.07  , which may suggest that Abbott Laboratories market price will keep on failing further. It has 122 observation points and a regression sum of squares at 197.2, 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 price pattern 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.

Abbott Laboratories April 24, 2024 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 April 24, 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 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.
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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Abbott Laboratories. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Abbott Stock please use our How to Invest in Abbott Laboratories guide.
You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

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 the 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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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.