Logo image of ABB

ABB LTD-SPON ADR (ABB) Stock Technical Analysis

NYSE:ABB - New York Stock Exchange, Inc. - US0003752047 - ADR - Currency: USD

37.13  -0.43 (-1.14%)

After market: 37.15 +0.02 (+0.05%)

Technical Rating and Analysis

10

We assign a technical rating of 10 out of 10 to ABB. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ABB is showing a nice and steady performance.

Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that ABB is one of the better performing stocks in the market, outperforming 90% of all stocks.
ABB is one of the better performing stocks in the Electrical Equipment industry, it outperforms 85% of 93 stocks in the same industry.
ABB is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month ABB has a been trading in the 35.51 - 37.76 range, which is quite wide. It is currently trading near the high of this range.
ABB has an average volume of 1777700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
ABB LTD-SPON ADR / ABB Weekly stock chart
ABB LTD-SPON ADR / ABB Daily stock chart
Setup Rating and Analysis

3

Although ABB has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

31.66

37.95

3 important support areas can be observed.

  • A support zone ranging from 34.69 to 35.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @33.34 from a trend line in the weekly time frame.
  • A support zone ranging from 31.98 to 31.98. This zone is formed by a combination of multiple trend lines in multiple time frames.

We found 1 important resistance area.

  • A resistance zone ranging from 37.31 to 37.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.28
Mansfield1.36
10 Day High37.76
10 Day Low36.15
20 Day High37.76
20 Day Low35.51
52 Week High37.76
52 Week Low24.27
Performance
1 Week0.22%
2 Weeks2.74%
1 Month4.18%
3 Month11.97%
6 Month17.69%
12 Month20.32%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.01
RSI(14)61.92
LBB35.62
UBB37.65
ABB LTD-SPON ADR / ABB Daily stock chart

ABB LTD-SPON ADR

NYSE:ABB (5/22/2023, 8:15:14 PM)

After market: 37.15 +0.02 (+0.05%)

37.13

-0.43 (-1.14%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg-1.14%
1 Week0.22%
2 Weeks2.74%
1 Month4.18%
3 Month11.97%
6 Month17.69%
12 Month20.32%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.44
ATR(20)%1.49%
ATR Inc42.17%
Range Today0.47
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.28
Mansfield1.36
10 Day High37.76
10 Day Low36.15
20 Day High37.76
20 Day Low35.51
52 Week High37.76
52 Week Low24.27
CS1 End35.34
CR1 Start37.31
Volume & EV
DER(3)-2.51%
DER(5)-0.01%
Volume6.39M
Volume Incr41.21%
Vol(5)2.46M
Vol(50)1.78M