. Stock Market: ABB LTD. Price Chart, Analysis And Trading Signals

Stock Market: ABB LTD. Price Chart, Analysis And Trading Signals

Stock Market: ABB LTD. Price Chart, Analysis And Trading Signals

30 May 2022

ABB LTD. Technical Analysis: Weekly Chart

In the weekly charts, ABB LTD. is trading in a down channel. ABB LTD. is currently trading below 20 and 50 days SMA & above 100 days SMA.

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

Its immediate support is 29.19 & the resistance level is at 30.76.

ABB LTD. will trade in the 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 below zero which indicates bearishness.

Its immediate support is 29.45 & the resistance level is at 30.69.

ABB LTD. will trade in the 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 30.06, TAKE PROFIT AT 30.69 AND STOP LOSS AT 29.45