Stock Trend Analysis Report
Prepared for you on Thursday, March 4, 2021.
ABB Ltd (NYSE:ABB)
Sidelines Mode (-55) - ABB is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid ABB?
MarketClub looks at technical strength and momentum to determine if the timing is right for ABB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ABB
The long-term trend has been UP since Jun 30th, 2020 at 22.435
The intermediate-term trend has been DOWN since Feb 4th, 2021 at 29.310
The short-term trend has been UP since Mar 2nd, 2021 at 29.850
Smart Scan Analysis for ABB
Based on our trend formula, ABB is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||28.67||Year High Date||2018-01-24|
|Year Low||19.08||Year Low Date||2018-10-29|
|52wk High||30.885||52wk High Date||2021-01-14|
|52wk Low||14.71||52wk Low Date||2020-03-23|
|Year End Close||20.79||Average Volume||1,937,172|
|Shares Outstanding||1,193,000||Short Interest||3,795,203|
|% Institutional||3.9||Market Cap||43,253M|