Stock Trend Analysis Report
Prepared for you on Thursday, October 28, 2021.
ABB Ltd (NYSE:ABB)
Countertrend Down (-85) - ABB is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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 DOWN since Oct 1st, 2021 at 33.3142
The intermediate-term trend has been DOWN since Oct 25th, 2021 at 32.4299
The short-term trend has been UP since Oct 27th, 2021 at 33.2550
Smart Scan Analysis for ABB
Based on our trend formula, ABB is rated as a -85 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||38.03||52wk High Date||2021-08-24|
|52wk Low||24.07||52wk Low Date||2020-10-30|
|Year End Close||20.79||Average Volume||1,584,508|
|Shares Outstanding||1,193,000||Short Interest||3,795,203|
|% Institutional||3.9||Market Cap||43,253M|