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Market Overview
ABBV closed at 218.68, up 0.49% from the previous close, yet it remains in a downtrend with a 30-day return of -0.47%. The stock is trading below its 20-day SMA of 220.64, indicating continued bearish momentum. The nearest support is at 216.70, with resistance around 226.86. Technical indicators show the 20/50/200-DMA at 220.64/—/—, and the RSI suggests weakening buying interest. No significant upcoming events are noted that might alter price action imminently. Overall, the trend and momentum remain subdued, consistent with the under-chart summary. For information only.
Last Updated 1/29/26

Sam Bourgi is an analyst, writer and financial market commentator featured in and cited by U.S. Congress, Department of Justice, Chicago Board Options Exchange, Barron's and Forbes. He covers stocks, bonds, mutual funds, ETFs, forex, Bitcoin, cryptocurrency, real estate and macroeconomics. He has written over 25,000 articles and over 40 whitepapers and e-books.