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Technicals for ABB India Limited
By MusingTheNews
2025-04-25 20:20
Overall Technical outlook
Price Summary
ABB India Limited's stock tumbled -3.49% today, marking a lousy performance in the market. On 2025-04-25, ABB India Limited's shares started at 5698.0, peaked at 5708.5, bottomed out at 5385.0, and ended -3.49% lower at 5499.0, with 638217 shares traded. Throughout the 52-week period, the stock hit a high of 9020.0 and a low of 4935.4. The future price of ABB is projected to range from 4970.0 to 7585.0, with an average expected price of 6074.3184, according to 22 analysts.
Technicals
Support and Resistance: The price of 5499.0 is supported at 5197.35 and capped by resistance at 5681.4. These levels mark key points for ABB India Limited where the price could find stability, with 5197.35 as a floor and 5681.4 as a ceiling. Support/Resistance for ABB
Aroon: The current state of the AROON is neutral, with no clear trend direction indicated. This lack of directional bias suggests that the market may be in a phase of consolidation or uncertainty. Aroon chart for ABB India Limited
Bol. Bands: The BOLL BANDS is in a neutral stance, with no clear direction indicated for the market. This lack of clarity suggests that the market may be in a state of equilibrium for ABB, with no strong trend emerging. Bolinger Bands chart for ABB India Limited
Parabolic SAR: The PSAR remains bullish, setting a strong support level that could underpin further upward movement. This persistent bullish outlook suggests that the market may continue its positive trajectory, with the established support acting as a safety net. Parabolic Stop and Reverse chart for ABB India Limited
Stochastic: The stochastic indicator reflects the K-line falling below the D-line, while remaining above 80, signaling the potential start of a bearish price move. This suggests that the market may be losing steam, with a possible decline on the horizon. Traders should monitor this development for further signs of a downturn. Stochastic chart for ABB India Limited
Tripple Moving Agerage: The Tripple MOVING AVG is showing a neutral stance, not indicating a clear upward or downward trend for ABB India Limited. This suggests a period of market balance, where neither side is showing dominance. Tripple SMA chart for ABB India Limited
A comprehensive approach to analyzing a company requires considering both its technical and fundamental aspects. The company's fundamentals, such as its earnings, growth prospects, and financial health, provide a strong foundation for understanding technical indicators. Additionally, examining the industry it operates in helps contextualize the company's position within the broader market. By integrating these factors, one can gain more valuable insights into the company's stock performance and potential investment opportunities.
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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