ABT chart analysis today

ABT broke out of a bull pennant 15 days ago on thin volume, then retested $108.86 11 days ago and held. Below $108.86 the break has failed.

Abbott Laboratories · daily · last close $108.93 · read computed from candles through 2026-09-01. No AI, no signal, no target.

ABT · Dailydaily
$79.14$89.40$99.65$109.91$120.17avg89398430446992150VolumeSupport $82.33 · 2 touchesPOLEBULL PENNANTBroke out $108.86Measures to $123.68Breaks below $108.86Weekly support $87.07

The two prices that decide it

Above
$123.68 · the measured move
Below
$108.86 · the breakout
Formation state
Broke above $108.86 15 days ago on thin volume, came back to it 11 days ago and held.
Trend
a series of higher highs and higher lows over the window, 4 steps across 34 bars, still intact
Agreement
Structure 3 of 4 (high) · indicators 1 of 3 (low)

Levels and what happened there

  • Support $82.33
  • The last two times price reached $82.33 it held once, bouncing 8.5%.
  • Bigger picture Weekly down, daily rising. weekly — downtrend intact, nearest support $92.73, bear flag at $110.22.
  • 52 weeks 21% below its 52-week high of $137.49 and 33% above its 52-week low of $81.97.

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This page is the daily read as of 2026-09-01, computed when the site was last built. On /analyze the same engine reads the live candles on five timeframes, or a screenshot from any charting app, and Coach Chad writes it up. 1 free read every 7 days, no account.

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Every figure on this page was computed from real candle data through 2026-09-01 by the same deterministic engine that reads a chart on /analyze; no language model was involved. It describes what is on the chart. It is not advice, a signal, a forecast or a recommendation. Learn to read it yourself in the chart-reading series.

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