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Technicals for ABB India Limited
By MusingTheNews
2025-09-04 20:20
Overall Technical outlook
Price Summary
On 2025-09-03, ABB's stock began at 5150.0, peaked at 5209.9, dipped to 5148.2, and closed up 0.75% at 5188.4, with a volume of 213156 shares. Throughout the 52-week period, the stock hit a high of 8783.0 and a low of 4935.4. 22 analysts forecast that the price of ABB will range from 4451.0 to 6965.0, with an average expected price near 5569.636.
Technicals
Support and Resistance: The current price for ABB is 5188.4, supported at 5092.5 with resistance at 5440.5. This indicates a trading range where 5092.5 might prevent further declines, while 5440.5 could hinder additional gains. Support/Resistance for ABB
Aroon: The AROON indicator is showing a strong bullish trend, as the Aroon Up has risen and the Aroon Oscillator has reversed. These movements suggest a reversal to an upward trend, indicating that market sentiment is shifting towards optimism. Investors may see this as a sign of potential future gains, with the market expected to continue its upward trajectory. Aroon chart for ABB India Limited
Bol. Bands: In a bullish development, the current price for ABB has crossed above the upper Bollinger Band in its latest move. This breakout signals heightened buying pressure, driving the price beyond its normal range. Traders may interpret this as a sign of strong market momentum, which could result in continued upward movement. Bolinger Bands chart for ABB India Limited
Parabolic SAR: The PSAR for ABB maintains its bullish outlook, setting a strong support level that could underpin further gains. This suggests that the market is likely to continue its upward trajectory, with the established support providing a safety net for ongoing bullish momentum. Parabolic Stop and Reverse chart for ABB India Limited
Stochastic: The stochastic indicator signals a bullish mood, with the K-line above both the D-line and the 80 threshold. This configuration indicates strong upward momentum, suggesting that the market may continue its upward trend. Traders could consider this a positive indication of strength for ABB. Stochastic chart for ABB India Limited
Tripple Moving Agerage: The Tripple MOVING AVG is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Tripple SMA chart for ABB India Limited
When evaluating a company's technical data, such as stock price charts or volume, it is essential to first consider its fundamentals. These fundamentals include financial stability, growth potential, and competitive advantages. Additionally, understanding the broader industry in which the company operates offers context that helps to make sense of technical patterns. By examining both the company's internal strengths and external environment, one can make more accurate and meaningful conclusions about its stock performance.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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