. ABB LTD Share Price Technical Analysis, Trade Siganls and News

ABB LTD Share Price Technical Analysis, Trade Siganls and News

ABB LTD Share Price Technical Analysis, Trade Siganls and News

16 May 2022

ABB LTD. Technical Analysis: Weekly Chart

ABB LTD Share Price Technical Analysis

In the weekly charts, ABB LTD. is trading in a 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 27.52 & the resistance level is at 29.66.

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

ABB LTD. Technical Analysis: Daily Chart

ABB LTD Share Price Technical Analysis

In the daily charts, ABB LTD. is trading in a 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 27.94 & the resistance level is at 29.16.

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

How to Trade ABB LTD. this Week:

ABB LTD. will follow the downtrend until their trend reversal. So, remain bearish on ABB LTD..

TRADE SUGGESTION- SELL AT 28.66, TAKE PROFIT AT 27.94 AND STOP LOSS AT 29.16