ABB LTD. Technical Analysis: Weekly Chart

In the weekly charts, ABB LTD. is trading in down channel. ABB LTD. is currently trading below all SMA.

RSI is in selling zone which indicates bearishness. MACD is currently below zero which indicates bearishness.

Its immediate support is 26.52 & the resistance level is at 29.18.

ABB LTD. will trade in down channel until there is trend reversal.

ABB LTD. Technical Analysis: Daily Chart

In the daily charts, ABB LTD. is trading in an up channel. ABB LTD. is currently trading above all SMA.

RSI is in over bought zone which indicates mild bearishness. MACD is currently above zero which indicates bullishness.

Its immediate support is 27.94 & the resistance level is at 28.96.

ABB LTD. will trade in an up channel until there is trend reversal.   

How to Trade ABB LTD. this Week:

ABB LTD. will follow the uptrend until their trend reversal. So, remain bullish on ABB LTD..

TRADE SUGGESTION- BUY AT 28.49, TAKE PROFIT AT 28.96 AND STOP LOSS AT 27.94