ABB - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 4.2
| Stock Code | ABB | Market Cap | 1,52,890 Cr. | Current Price | 7,217 ₹ | High / Low | 7,825 ₹ |
| Stock P/E | 100 | Book Value | 370 ₹ | Dividend Yield | 0.55 % | ROCE | 29.9 % |
| ROE | 22.4 % | Face Value | 2.00 ₹ | DMA 50 | 6,611 ₹ | DMA 200 | 5,991 ₹ |
| Chg in FII Hold | 0.55 % | Chg in DII Hold | 0.13 % | PAT Qtr | 342 Cr. | PAT Prev Qtr | 420 Cr. |
| RSI | 64.1 | MACD | 4.10 | Volume | 6,92,211 | Avg Vol 1Wk | 4,19,184 |
| Low price | 4,638 ₹ | High price | 7,825 ₹ | PEG Ratio | 3.37 | Debt to equity | 0.01 |
| 52w Index | 80.9 % | Qtr Profit Var | -25.2 % | EPS | 140 ₹ | Industry PE | 36.6 |
📈 Chart Patterns: ABB is trading strongly above both 50 DMA (6,611 ₹) and 200 DMA (5,991 ₹), confirming a bullish trend with higher highs.
📊 Moving Averages: Current price (7,217 ₹) is well above both DMAs, reflecting strong upward momentum.
📉 RSI: At 64.1, RSI indicates bullish strength but approaching overbought territory.
📈 MACD: Positive at 4.10, showing continuation of bullish crossover, though momentum is flattening.
📊 Bollinger Bands: Price is near the upper band, suggesting strong momentum but risk of short-term pullback.
📉 Volume Trends: Current volume (6,92,211) is above average weekly volume (4,19,184), confirming strong participation in the rally.
🎯 Entry Zone: 6,600 ₹ – 6,800 ₹ (near DMA support)
🚪 Exit Zone: 7,700 ₹ – 7,825 ₹ (resistance near 52-week high)
📌 Trend Status: Trending upward with strong momentum
Positive
- Strong ROCE (29.9%) and ROE (22.4%) indicate efficient capital use
- Price trading well above both 50 & 200 DMA
- High EPS (140 ₹) supports earnings strength
- Volume surge confirms strong buying interest
- FII (+0.55%) and DII (+0.13%) holdings increased
Limitation
- High P/E ratio (100) vs industry PE (36.6)
- Quarterly profit decline (-25.2%) may weigh on sentiment
- Dividend yield modest at 0.55%
- RSI nearing overbought zone
Company Negative News
- PAT fell to 342 Cr from 420 Cr previous quarter
- Valuation concerns due to premium multiples
Company Positive News
- Strong institutional support with FII and DII increases
- Stock trading near 52-week high (7,825 ₹)
- 52-week index at 80.9% confirms strong performance
Industry
- Industry PE at 36.6 highlights ABB’s premium valuation
- Industrial sector benefiting from infrastructure growth
Conclusion
⚖️ ABB is trending upward with strong technical momentum supported by moving averages, RSI, and volume. Entry near 6,600–6,800 ₹ offers favorable risk-reward, while resistance at 7,700–7,825 ₹ may cap short-term upside. Long-term investors should be cautious of stretched valuations, but momentum traders can ride the trend with strict stop-loss discipline.
Would you like me to extend this into a swing trade strategy with holding period guidance, or a fundamental overlay comparing ABB’s valuation and efficiency metrics against peers?