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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.

NASDAQ_ABBNY
Open High Low ABBNY Price Change
35.77 35.77 35.28 35.65 +0.30
Entry Signal

MarketClub’s Trade Triangles for ABBNY

long term down The long-term trend has been DOWN since Sep 13th, 2023 at 36.63

intermediate term down The intermediate-term trend has been DOWN since Aug 8th, 2023 at 38.75

short term down 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).

-90
Smart Scan Analysis for ABBNY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
35.77 35.77 35.28 35.65 +0.30
Prev. Close Volume Bid Ask Time
35.35 143865 2023-10-04 15:57:00
52wk High41.0352wk High Date2023-07-27
52wk Low24.32552wk Low Date2022-10-13
Average Volume240,348Shares Outstanding1,252,650
Assets398,560,000MLiabilities269,710,000M
P/E Ratio19.3169
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