Do you want to know the current price of AbbVie and what will happen to ABBV shares next? On this page, we share the latest AbbVie news and tips on buying stocks. You can also view the latest AbbVie stock forecast for 2021 and 2022 from our experts.
Should you buy or sell AbbVie stock today? To what levels can the shares of this company rise in a year, two, three? How much will AbbVie papers cost in 2021, 2022, 2023? We have been making currency rate forecasts for a long time, and we can also predict the behavior of the stock market using technical analysis and simple indicators.
We also take into account the technical, fundamental analysis of stocks, the news background, the general geopolitical situation in the world and other, smaller factors. The stock forecasts indicate target levels for AbbVie stock, both up and down.
AbbVie stock Forecast for 2022 and 2023
AbbVie quotes continue to move within the correction, but remain in the bullish channel. Moving averages indicate a short-term uptrend for ABBV. However, prices broke down the area between the signal lines, which indicates pressure from the sellers of securities and a likely continuation of the fall. At the time of publication of the forecast, the value of the shares is 112.27. As part of the forecast, we should expect an attempt to develop a correction and test the support level near the 95.00 area. Further, a rebound and continued rise in the value of securities. The potential target of such a movement is the area above the level of 150.00 already in 2021, 2022, 2023.
An additional signal in favor of the rise in AbbVie quotes will be a test of the trend line on the relative strength index (RSI), as we can see, prices have already pushed up several times during such a test of the line. The second signal will be a rebound from the lower border of the long-term bullish channel. Cancellation of the growth option for AbbVie stock quotes will be a fall and a breakdown of the level of 85.00. This will indicate a breakdown of the support area and a continuation of the fall to the area at the level of 65.00. It is worth expecting an acceleration of the rise in shares with a breakdown of the resistance area and closing above the level of 125.00.
AbbVie stock Forecast for 2022 and 2023 suggests the development of a correction and a test of the support area near the level of 95.00. Where should we expect a rebound and an attempt to continue the rise of shares in the area above the level of 150.00. A test of the trend line on the relative strength index (RSI) will come out in favor of the growth of securities. Cancellation of the ABBV rise option will be a fall and a breakdown of the level of 85.00. This will indicate a breakdown of support and a continuation of the fall in value to the area below the level of 65.00.
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