AbbvieABBV

Abbvie (ABBV) chart patterns, support & resistance & technical analysis

Auto-detected technical analysis for ABBV · data as of Sep 1, 2026. The chart above is live; the read below updates daily.

$259.99last close · Sep 1, 202652-week range $190.75 – $267.47 · 2.8% below the high

ABBV rising wedge pattern

ABBV is currently forming a rising wedge on the daily timeframe. Detected Sep 1, 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 $251.99 (+12.0%).

DirectionBullishTarget$251.99Projected move+12.0%Breakout level$229.00

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 Oct 14, 2026 near $281.28, then reached its target at $286.00 on Nov 3, 2026 — a 1.7% move (+0.20R) over 14 sessions. Across 151,040 backtested rising wedges, this setup wins 37.9% of the time.

OutcomeWinResult+1.7%R+0.20REntry$281.28Exit$286.00

Learn about rising wedge

ABBV pattern trade history

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

PatternEntryExitOutcomeResult
Rising wedgeOct 14, 2026 @ $281.28Nov 3, 2026 @ $286.00Win+3.6% · +0.20R
TriangleSep 8, 2026 @ $250.76Sep 14, 2026 @ $264.25Loss+12.2% · -1.00R
Falling wedgeAug 19, 2026 @ $262.17Nov 3, 2026 @ $286.00Win+4.4% · +1.14R
Rising wedgeJul 30, 2026 @ $255.13Sep 23, 2026 @ $267.47Loss+9.7% · -1.00R
Rising wedgeJun 25, 2026 @ $240.72Jul 10, 2026 @ $251.00Win+7.0% · +1.09R
TriangleJun 1, 2026 @ $211.75Jun 4, 2026 @ $222.50Loss+8.3% · -1.30R
TriangleMay 22, 2026 @ $218.62Jul 10, 2026 @ $251.00Win+7.4% · +3.55R
Falling wedgeMay 19, 2026 @ $213.67Jun 16, 2026 @ $223.31Win+6.7% · +1.61R
Falling wedgeMay 15, 2026 @ $213.95Jul 10, 2026 @ $251.00Win+11.1% · +3.84R
Falling wedgeApr 30, 2026 @ $211.12Jun 16, 2026 @ $223.31Win+8.3% · +0.60R
TriangleMar 13, 2026 @ $220.13Mar 20, 2026 @ $204.02Win+7.3% · +0.95R
Rising wedgeMar 9, 2026 @ $224.79Mar 19, 2026 @ $205.81Win+8.4% · +1.54R

Rising wedge examples on other charts

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

Learn about rising wedge

ABBV support and resistance levels

Price is bouncing off a floor near $253.42 and starting to climb. On the weekly chart, the next ceiling overhead sits near $298.20 — about 15% away.

  • Traders commonly watch $298.20 as a target (its 200% extension) — think of it as a sensible next stop, not a guarantee.
  • That ceiling is the first place the climb might pause — worth watching how price behaves as it gets there.
  • There's nothing to act on here — the spot to watch was the $253.42 floor just now, when price bounced there, but price has already pulled higher. What's left is the climb playing out, not a fresh starting point.

ABBV recent daily prices

DateOpenHighLowClose
Sep 1, 2026$260.99$262.27$257.79$259.99
Aug 31, 2026$254.17$258.24$252.33$256.42
Aug 28, 2026$258.67$259.00$255.08$255.48
Aug 27, 2026$260.81$262.50$257.25$258.15
Aug 26, 2026$264.60$265.00$260.31$262.90
Aug 25, 2026$264.50$266.91$263.03$265.79
Aug 24, 2026$263.99$266.04$262.07$264.52
Aug 21, 2026$260.70$266.84$260.10$264.96
Aug 20, 2026$265.69$265.93$260.48$261.83
Aug 19, 2026$261.51$266.97$259.55$265.97

ABBV frequently asked questions

What chart pattern is ABBV forming right now?
As of Sep 1, 2026, TradingPal's detector identifies a rising wedge on Abbvie (ABBV) on the daily chart, with a measured-move target of $251.99.
Is a rising wedge bullish or bearish?
The rising wedge detected on ABBV is a bullish pattern, projecting a measured-move target of $251.99. See its full backtested track record above — that's the real edge, not the textbook label.
What is the price target if ABBV's pattern breaks out?
The detected rising wedge has a geometry-based measured-move target of $251.99 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was ABBV's closing price on Sep 1, 2026?
Abbvie (ABBV) last closed at $259.99 on Sep 1, 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.