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Technicals for ABB India Limited
By MusingTheNews
2025-06-13 20:20
Overall Technical outlook
Price Summary
On 2025-06-12, ABB India Limited's stock began at 6079.0, climbed to 6099.0, dropped to 5975.0, and had -0.95% to end at 6021.0, with a volume of 369389 shares. Over the previous 52 weeks, the stock reached a high of 9020.0 and a low of 4935.4. 23 analysts estimate that the future price of ABB will fall between 4970.0 and 7040.0, with an average price expectation of approximately 6048.913.
Technicals
Support and Resistance: The current price is 6021.0, with support at 5681.4 and resistance at 6146.6. This range suggests that the price might move between these levels, with 5681.4 offering support and 6146.6 capping further gains for ABB India Limited. Support/Resistance for ABB
Aroon: The current reading of the AROON is neutral, offering no clear signals for a movement in either direction. This suggests that the market may be in a holding pattern, with no dominant trend in place. Aroon chart for ABB India Limited
Bol. Bands: The current reading of the BOLL BANDS is neutral for ABB, with no clear signals for an upward or downward trend. This indicates that the market may be in a state of uncertainty, with no dominant force driving the direction. Bolinger Bands chart for ABB India Limited
Parabolic SAR: The PSAR continues its bullish outlook, establishing a support level that could help sustain the current upward trend. This level of support may act as a cushion against potential downturns, indicating continued strength in the market's bullish momentum for ABB. Parabolic Stop and Reverse chart for ABB India Limited
Stochastic: The STOCHASTIC is currently in a neutral position, offering no clear indication of movement up or down. This suggests that the market may be experiencing a period of equilibrium, with no strong trend in play. Stochastic chart for ABB India Limited
Tripple Moving Agerage: The 20, 50, and 100 period moving averages are aligned in a bearish trend, pointing to continued downward movement. However, the slower SMAs are showing signs of losing steam, indicating that the bearish momentum may be weakening. This could suggest a potential shift towards a bullish trend in the near future, as the market begins to pivot away from its current downward trajectory. Tripple SMA chart for ABB India Limited
To derive valuable insights from a company's technical performance, it is essential to first understand its fundamentals. This includes its financial health, business model, and market share. Equally important is the industry context, such as competition, consumer demand, and market trends. By examining these aspects together, investors can gain a more comprehensive view of how the company's stock behaves and whether it's aligned with its underlying value.
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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