Abbott Laboratories (ABT) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for ABT · data as of Aug 4, 2026. The chart above is live; the read below updates daily.

$105.46last close · Aug 4, 202652-week range $81.97$137.49 · 23.3% below the high
Symmetrical Triangle · playing out now

ABT just broke higher out of a symmetrical triangle — a brief, tidy pause inside a strong run. That's usually a breather before another push up.

On this chart, setups like it have followed through about 58% of the time.

As long as price stays above $87.21, the setup is intact — a daily close back below there is the cue to step away.

It's already reached the first target near $102.2 and is still going. From here, the calm way to follow the move is to stay with the 10-day average — and only step aside when a day finally closes below it.

ABT Falling Wedge Pattern

ABT is currently forming a falling wedge on the daily timeframe. Detected Aug 4, 2026.

DirectionBullishTarget$135.29Projected move+7.4%Breakout level$126.20

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

How Falling Wedges Have Performed

Win rate
56.2%
Avg return
+0.55R
Backtested trades
8,465
ABT win rate
60.0%

Historical pattern statistics (2006-08-04 – 2026-08-03), not a prediction.

How these backtests work →

ABT Pattern Trade History

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

PatternEntryExitOutcomeResult
TriangleJan 16, 2026 @ $122.55Jan 22, 2026 @ $115.28Win+1.05R
Falling WedgeJan 6, 2026 @ $126.84Jan 16, 2026 @ $121.76Loss-1.17R
Falling WedgeDec 15, 2025 @ $126.79Jan 22, 2026 @ $108.61Loss-2.99R
TriangleSep 10, 2025 @ $131.68Sep 17, 2025 @ $134.17Loss-1.17R
Rising WedgeJul 7, 2025 @ $132.98Jul 17, 2025 @ $126.87Win+1.01R
Rising WedgeJun 17, 2025 @ $133.31Jun 24, 2025 @ $138.08Loss-1.27R
TriangleJun 12, 2025 @ $135.54Jul 17, 2025 @ $120.51Loss-2.94R
TriangleMay 7, 2025 @ $133.78Jul 17, 2025 @ $120.51Loss-2.00R
Falling WedgeApr 16, 2025 @ $130.78Jan 22, 2026 @ $108.61Loss-2.15R
Rising WedgeDec 12, 2024 @ $113.80Jan 23, 2025 @ $123.22Loss-1.40R
TriangleDec 2, 2024 @ $116.64Jan 23, 2025 @ $123.22Loss-1.69R
Rising WedgeAug 20, 2024 @ $111.31Aug 23, 2024 @ $112.69Loss-1.33R

ABT Support and Resistance Levels

Price found a floor near $85.39 about 2 months ago and has been climbing since. On the weekly chart, the next ceiling overhead sits near $203.23 — still about 93% away.

  • Traders commonly watch $203.23 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 $85.39 floor about 2 months ago, when price bounced there, but price has already pulled higher. What's left is the climb playing out, not a fresh starting point.

Nearest auto-detected support sits near $84.47. These are chart/swing-derived levels, not formula pivots.

Support
$84.47$81.75

ABT Recent Daily Prices

DateOpenHighLowClose
Aug 4, 2026$105.77$106.19$104.92$105.46
Aug 3, 2026$107.85$109.33$106.43$107.12
Jul 31, 2026$104.46$106.39$102.89$105.70
Jul 30, 2026$106.01$106.81$104.48$105.61
Jul 29, 2026$106.97$110.04$106.97$108.00
Jul 28, 2026$106.09$109.26$105.97$107.27
Jul 27, 2026$104.09$105.86$103.38$104.49
Jul 24, 2026$101.50$104.18$101.50$103.06
Jul 23, 2026$101.23$101.90$100.07$100.75
Jul 22, 2026$100.45$101.04$99.84$100.57

ABT Frequently Asked Questions

What chart pattern is ABT forming right now?
As of Aug 4, 2026, TradingPal's detector identifies a falling wedge on Abbott Laboratories (ABT) on the daily chart, with a measured-move target of $135.29.
Is a falling wedge bullish or bearish?
The falling wedge detected on ABT is a bullish pattern, projecting a measured-move target of $135.29. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a falling wedge pattern, and what is its win rate?
Across TradingPal's backtest of the falling wedge family (8,465 trades over 631 symbols), it resolved in the expected direction 56.2% of the time with an average of +0.55R. These are historical statistics, not a prediction.
What are the support and resistance levels for ABT?
Based on auto-detected, swing-derived levels (as of Aug 4, 2026), ABT's nearest support is around $84.47 and nearest resistance around n/a.
What is the price target if ABT's pattern breaks out?
The detected falling wedge has a geometry-based measured-move target of $135.29 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was ABT's closing price on Aug 4, 2026?
Abbott Laboratories (ABT) last closed at $105.46 on Aug 4, 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.