ABT 2020-09-28 Technical Analysis and Forecast


ABT Report

Sample Size: 8; Percent Error: 10%

Current Trend Performance

ABT is -6.56% from monthly high, 11.47% from monthly low, -0.35% from 10 day simple moving average, -0.83% from 20 day simple moving average, and 1.4% from 50 day simple moving average.

Forecast Ranges

Day 1:
The highs are 108.21, the lows are 102.55, and the median is 105.38. 50.0% to decrease between -3.82% - 0%. 50.0% to increase between 0% - 3.82%.
Day 2:
The highs are 109.37, the lows are 103.34, and the median is 106.36. 37.5% to decrease between -3.82% - 0%. 50.0% to increase between 0% - 3.82%. 12.5% to increase between 3.82% - 7.64%.
Day 3:
The highs are 109.92, the lows are 102.82, and the median is 106.37. 62.5% to decrease between -3.82% - 0%. 25.0% to increase between 0% - 3.82%. 12.5% to increase between 3.82% - 7.64%.
Day 4:
The highs are 111.29, the lows are 100.07, and the median is 105.68. 12.5% to decrease between -7.64% - -3.82%. 37.5% to decrease between -3.82% - 0%. 37.5% to increase between 0% - 3.82%. 12.5% to increase between 3.82% - 7.64%.
Day 5:
The highs are 111.75, the lows are 101.21, and the median is 106.48. 62.5% to decrease between -3.82% - 0%. 25.0% to increase between 0% - 3.82%. 12.5% to increase between 3.82% - 7.64%.
Day 6:
The highs are 109.42, the lows are 100.75, and the median is 105.09. 75.0% to decrease between -3.82% - 0%. 12.5% to increase between 0% - 3.82%. 12.5% to increase between 3.82% - 7.64%.
Day 7:
The highs are 106.71, the lows are 99.8, and the median is 103.25. 12.5% to decrease between -7.64% - -3.82%. 50.0% to decrease between -3.82% - 0%. 37.5% to increase between 0% - 3.82%.

Summary

SMA: Simple Moving Average

In next 5 days, there is possible support range between 100.45 and 101.95. There is possible resistance range between 105.94 and 108.43. Areas of uncertainty are beyond 99.01 and beyond 111.02. Minimum movement range is 3.82%.

Research conducted with Nforecast.

This is not a recommendation to buy, sell, or hold. This research is for educational, informational, and entertainment purposes. You should not construe any data or information presented by members on this blog or Nforecast LLC as investment, tax, legal, financial or other advice.