ABB LTD N
ABB LTD N
- CHF (-)
- 15 min delayed data - Switzerland SWX Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: ABBN
ISIN: CH0012221716

ABB LTD N - Daily - Technical analysis published on 10/25/2019 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Court terme: Bullish
De fond: Bullish
Technical indicators
72%
0%
28%
My opinion
Bullish above 20.46 CHF
My targets
21.14 CHF (+2.77%)
22.49 CHF (+9.33%)
My analysis
All elements being rather bullish, it would be possible for traders to only trade long positions (at the time of purchase) on ABB LTD N as long as the price remains well above 20.46 CHF. The buyers” bullish objective is set at 21.14 CHF. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 22.49 CHF. If there is any crossing, the next objective would be the resistance located at 23.86 CHF. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bullish, basic trend. If you have another key point closer to the current price, it would be better to only trade long positions (at the time of purchase) above that key point.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
FORCE
0
10
5.9

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

ABB LTD N rating 20.57 CHF. The price has increased by +3.26% since the last closing and was between 20.00 CHF and 20.59 CHF. This implies that the price is at +2.85% from its lowest and at -0.10% from its highest.

20.00
20.59
20.57

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by ABB LTD N:
The Central Records scanner, which identifies the highest / lowest, has detected an element:

Central Records

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in Daily of this ABB LTD N chart shows a bullish trend. 71.43% of the signals given by moving averages are bullish. The overall trend seems to be showing some signs of weakness, as do the tentative bullish signals given by short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Central Indicators

Bullish trend reversal : Moving Average 100

Type : Bullish

Timeframe : Daily


Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : Daily


Bullish trend reversal : adaptative moving average 100

Type : Bullish

Timeframe : Daily


Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : Daily


Bullish price crossover with Moving Average 100

Type : Bullish

Timeframe : Daily


Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : Daily


Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : Daily



In fact, 13 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


Ichimoku : price is over the cloud

Type : Bullish

Timeframe : Daily


SuperTrend indicator bullish reversal

Type : Bullish

Timeframe : Daily


Price is back over the pivot point

Type : Bullish

Timeframe : Daily



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Horizontal resistance is broken

Type : Bullish

Timeframe : Daily


Resistance of channel is broken

Type : Bullish

Timeframe : Daily


Resistance of triangle is broken

Type : Bullish

Timeframe : Daily



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 18.28 19.94 20.46 20.57 21.14 22.49 23.86
Change (%) -11.13% -3.06% -0.53% - +2.77% +9.33% +15.99%
Change -2.29 -0.63 -0.11 - +0.57 +1.92 +3.29
Level Major Minor Minor - Major Minor Intermediate



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard18.4018.6018.9619.1719.5319.7320.09
Camarilla19.1719.2219.2719.3219.3719.4219.48
Woodie18.4718.6419.0419.2019.6019.7720.17
Fibonacci18.6018.8218.9519.1719.3819.5119.73


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard17.1717.4517.9618.2418.7519.0319.54
Camarilla18.2618.3318.4018.4818.5518.6218.69
Woodie17.2917.5118.0818.3018.8719.0919.66
Fibonacci17.4517.7517.9418.2418.5418.7319.03


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard16.8317.6518.6319.4520.4321.2522.23
Camarilla19.1219.2819.4519.6119.7819.9420.11
Woodie16.9117.6918.7119.4920.5121.2922.31
Fibonacci17.6518.3418.7619.4520.1420.5621.25

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Moving averages

RSI (14): 58.25
MACD (12,26,9): -0.0300
Directional Movement: 9.87
AROON (14): 64.29
DEMA (21): 18.77
Parabolic SAR (0,02-0,02-0,2): 18.01
Elder Ray (13): 0.51
Super Trend (3,10): 18.22
Zig ZAG (10): 19.25
VORTEX (21): 0.9600
Stochastique (14,3,5): 78.54
TEMA (21): 18.75
Williams %R (14): -15.08
Chande Momentum Oscillator (20): 1.17
Repulse (5,40,3): 2.4400
ROCnROLL: 1
TRIX (15,9): -0.1100
Courbe Coppock: 0.55
MA7: 18.89
MA20: 18.71
MA50: 18.90
MA100: 18.86
MAexp7: 18.93
MAexp20: 18.84
MAexp50: 18.88
MAexp100: 18.96
Price / MA7: +8.89%
Price / MA20: +9.94%
Price / MA50: +8.84%
Price / MA100: +9.07%
Price / MAexp7: +8.66%
Price / MAexp20: +9.18%
Price / MAexp50: +8.95%
Price / MAexp100: +8.49%

This member declared not having a position on this financial instrument or a related financial instrument.

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