Stock Trend Analysis Report
Prepared for you on Wednesday, October 4, 2023.
ABB LTD (NASDAQ:ABBNY)
Long-Term Downtrend (-90) - ABBNY is in a strong downtrend that is likely to continue. While ABBNY is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid ABBNY?
MarketClub looks at technical strength and momentum to determine if the timing is right for ABBNY.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ABBNY
The long-term trend has been DOWN since Sep 13th, 2023 at 36.63
The intermediate-term trend has been DOWN since Aug 8th, 2023 at 38.75
The short-term trend has been DOWN since Oct 3rd, 2023 at 35.45
Smart Scan Analysis for ABBNY
Based on our trend formula, ABBNY is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||41.03||52wk High Date||2023-07-27|
|52wk Low||24.325||52wk Low Date||2022-10-13|
|Average Volume||240,348||Shares Outstanding||1,252,650|