⚠ Disclaimer: This report is generated using AI tools and is for informational purposes only. It does not constitute investment advice. Please consult a registered financial advisor before making any investment decisions.
ABB - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.5
| Stock Code | ABB | Market Cap | 1,15,717 Cr. | Current Price | 5,461 ₹ | High / Low | 6,300 ₹ |
| Stock P/E | 65.4 | Book Value | 340 ₹ | Dividend Yield | 0.79 % | ROCE | 38.6 % |
| ROE | 28.8 % | Face Value | 2.00 ₹ | DMA 50 | 5,103 ₹ | DMA 200 | 5,401 ₹ |
| Chg in FII Hold | -0.65 % | Chg in DII Hold | 0.84 % | PAT Qtr | 409 Cr. | PAT Prev Qtr | 352 Cr. |
| RSI | 63.1 | MACD | 38.3 | Volume | 3,07,061 | Avg Vol 1Wk | 8,49,741 |
| Low price | 4,590 ₹ | High price | 6,300 ₹ | PEG Ratio | 1.04 | Debt to equity | 0.01 |
| 52w Index | 50.9 % | Qtr Profit Var | -7.17 % | EPS | 83.2 ₹ | Industry PE | 35.4 |
📊 Technical Analysis
- Chart Patterns: Price is above both 50 DMA (5,103 ₹) and 200 DMA (5,401 ₹), confirming bullish structure but facing resistance near highs.
- RSI (63.1): Approaching overbought zone, suggesting caution for fresh entries.
- MACD (38.3): Positive crossover indicates bullish momentum.
- Bollinger Bands: Price near upper band, showing strength but risk of short-term pullback.
- Volume Trends: Current volume (3.07L) is well below 1-week average (8.49L), reflecting weak participation despite price strength.
📈 Momentum & Signals
- Trend: Strong uptrend with short-term consolidation.
- Support Zones: 5,400 ₹ (200 DMA), 5,100 ₹ (50 DMA), 4,590 ₹ (major support).
- Resistance Zones: 5,600 ₹ (near-term resistance), 6,000 ₹ (psychological level), 6,300 ₹ (52-week high).
- Entry Zone: 5,350–5,450 ₹ if RSI cools and volumes improve.
- Exit Zone: 5,900–6,200 ₹ unless breakout above 6,300 ₹ occurs.
✅ Positive
- Strong ROCE (38.6%) and ROE (28.8%) highlight excellent efficiency.
- Near debt-free status with debt-to-equity ratio of 0.01.
- Quarterly PAT improved to 409 Cr. from 352 Cr., showing growth momentum.
⚠️ Limitation
- High P/E (65.4) compared to industry average (35.4), suggesting premium valuation.
- Dividend yield is modest (0.79%), limiting income appeal.
- Weak trading volumes reduce conviction in short-term rallies.
📉 Company Negative News
- FII holding decreased (–0.65%), showing reduced foreign investor confidence.
- Quarterly profit variation (–7.17%) indicates earnings volatility.
📈 Company Positive News
- DII holding increased (+0.84%), showing strong domestic institutional support.
- Stock remains above both 50 DMA and 200 DMA, confirming bullish structure.
- EPS of 83.2 ₹ supports earnings strength despite high valuation.
🏭 Industry
- Industry P/E at 35.4 is lower, highlighting ABB’s premium valuation.
- Industrial automation and engineering sector benefits from infrastructure growth and modernization trends.
🔎 Conclusion
- Stock is in a strong uptrend with short-term consolidation.
- RSI near overbought and low volume suggest cautious accumulation.
- Best strategy: Buy near 5,350–5,450 ₹ with stop-loss below 5,100 ₹.
- Upside potential towards 6,000–6,300 ₹ if momentum sustains and volumes improve.