Abbvie(ABBV)

Abbvie (ABBV) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for ABBV · data as of Jul 22, 2026. The chart above is live; the read below updates daily.

$253.30last close · Jul 22, 202652-week range $184.90 – $261.63 · 3.19% below the high

ABBV Rising Wedge Pattern

ABBV is currently forming a rising wedge on the daily timeframe. Detected Jul 22, 2026.

A rising wedge usually breaks lower, but ABBV is breaking higher out of it instead — a notably bullish turn. A breakout projects a measured-move target near $252.32 (+10.9%). Across 10,660 backtested rising wedges, the setup followed through 50.4% of the time, averaging +0.20R; ABBV's own rising wedges have hit 44.4%.

DirectionBullishTarget$252.32Projected move+10.9%Breakout level$231.36

New to this pattern? What a rising wedge is and how to trade it →

ABBV's Most Recent Rising Wedge Trade

ABBV's most recent completed rising wedge (which broke against type) resolved as a win: it broke higher on Jun 23, 2026 near $232.97, then reached its target at $249.91 on Jul 9, 2026 — a 7.3% move (+0.96R) over 11 sessions. Across 41 backtested rising wedges, this setup wins 58.5% of the time.

OutcomeWinResult+7.3%R+0.96REntry$232.97Exit$249.91

Learn about rising wedge

How Rising Wedges Have Performed

Win rate

50.4%

Avg return

+0.20R

Backtested trades

10,660

ABBV win rate

44.4%

Historical pattern statistics (1987-01-30 – 2026-07-13), not a prediction.

How these backtests work →

ABBV Pattern Trade History

Every completed pattern trade our nightly backtest found on ABBV's daily chart, newest first — wins and losses alike.

Pattern	Entry	Exit	Outcome	Result
Rising Wedge	Jun 23, 2026 @ $232.97	Jul 9, 2026 @ $249.91	Win	+10.9% · +0.96R
Falling Wedge	Apr 24, 2026 @ $198.93	May 19, 2026 @ $213.76	Loss	+10.2% · -1.11R
Triangle	Mar 11, 2026 @ $225.88	Mar 24, 2026 @ $202.78	Win	+11.7% · +2.06R
Rising Wedge	Aug 13, 2025 @ $200.97	Sep 8, 2025 @ $209.79	Win	+7.3% · +0.54R
Rising Wedge	Aug 4, 2025 @ $196.25	Aug 28, 2025 @ $207.92	Win	+7.7% · +1.00R
Triangle	Jul 9, 2025 @ $190.94	Aug 28, 2025 @ $207.92	Win	+10.4% · +1.84R
Triangle	Jun 17, 2025 @ $185.30	Jul 10, 2025 @ $195.00	Loss	+14.3% · -1.17R
Triangle	Jun 6, 2025 @ $188.49	Oct 9, 2025 @ $230.69	Win	+23.8% · +5.12R
Triangle	Jan 15, 2025 @ $173.51	Jan 31, 2025 @ $183.90	Loss	+10.0% · -1.20R
Rising Wedge	Sep 16, 2024 @ $194.57	Oct 30, 2024 @ $201.50	Loss	+5.8% · -1.41R
Rising Wedge	Jul 24, 2024 @ $176.57	Aug 28, 2024 @ $195.40	Win	+8.8% · +1.44R
Triangle	Jul 17, 2024 @ $172.06	Aug 28, 2024 @ $195.40	Win	+7.7% · +2.73R

Rising Wedge Examples on Other Charts

Historical examples from the published simulation. This selection is not a win-rate sample.

Open LIN’s live chart →

EWEdwards Lifesciences

Losing trade · −7.5%

Opened Jun 30, 2026

Closed Jul 20, 2026

Open EW’s live chart →

Open SPGI’s live chart →

BROBrown & Brown

Winning trade · +6.9%

Opened Jun 26, 2026

Closed Jul 15, 2026

Open BRO’s live chart →

Learn about rising wedge

ABBV Support and Resistance Levels

Price was turned away at a ceiling near $268.27 about 2 weeks ago and has been sliding since. On the weekly chart, the next floor below sits near $224.27 — still about 11% away.

Traders commonly watch $224.27 as a target (its 38.2% retracement) — think of it as a sensible next stop, not a guarantee.
That floor is the first place the slide might steady — worth watching how price behaves as it gets there.
There's nothing to act on here — the spot to watch was the $268.27 ceiling about 2 weeks ago, when price was turned away there, but price has already pulled lower. What's left is the slide playing out, not a fresh starting point.

ABBV Recent Daily Prices

Date	Open	High	Low	Close
Jul 22, 2026	$257.81	$257.81	$252.25	$253.30
Jul 21, 2026	$253.70	$257.06	$252.60	$256.10
Jul 20, 2026	$253.10	$256.15	$252.68	$253.38
Jul 17, 2026	$257.00	$260.96	$254.29	$254.49
Jul 16, 2026	$244.75	$254.54	$243.50	$254.39
Jul 15, 2026	$243.32	$247.75	$243.07	$244.11
Jul 14, 2026	$245.99	$246.42	$243.19	$244.78
Jul 13, 2026	$248.37	$249.74	$244.61	$248.00
Jul 10, 2026	$251.01	$251.66	$245.05	$248.08
Jul 9, 2026	$251.20	$254.86	$247.99	$249.91

ABBV Frequently Asked Questions

What chart pattern is ABBV forming right now?

As of Jul 22, 2026, TradingPal's detector identifies a rising wedge on Abbvie (ABBV) on the daily chart, with a measured-move target of $252.32.

Is a rising wedge bullish or bearish?

The rising wedge detected on ABBV is a bullish pattern, projecting a measured-move target of $252.32. See its full backtested track record above — that's the real edge, not the textbook label.

How reliable is a rising wedge pattern, and what is its win rate?

Across TradingPal's backtest of the rising wedge family (10,660 trades over 628 symbols), it resolved in the expected direction 50.4% of the time with an average of +0.20R. These are historical statistics, not a prediction.

What is the price target if ABBV's pattern breaks out?

The detected rising wedge has a geometry-based measured-move target of $252.32 (pattern height projected from the breakout). This is a technical target, not a recommendation.

What was ABBV's closing price on Jul 22, 2026?

Abbvie (ABBV) last closed at $253.30 on Jul 22, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.