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ABBMARKET OUTLOOKSTOCK OUTLOOK

ABB Outlook for the Week (February 19, 2024 – February 23, 2024)

ABB
ABB
ABB closed the previous week on a negative note losing 5.31%.

Technically, ABB share price will see immediate support at 4,392.93 and immediate resistance would be seen at 4,638.23.

If ABB share price closes below immediate support of 4,392.93, then sharp breakdown can be seen. ABB share price will see major support at 4,261.72 for the week.

On the positive side, immediate resistance will be seen at 4,638.23. Closing above 4,638.23, ABB share price will see a sharp breakout. Major resistance for ABB share price will be seen at 4,752.32 for the week.

Trading range for ABB share price for this week should be between 4,147.63 on down side and 4,883.53 on up side.

ABB Previous Week High: 4621.1

ABB Previous Week Low: 4375.8

ABB Previous Week Range: 245.3 Points

ABB share price support and resistance for the week (February 19, 2024 – February 23, 2024)

Level Type Value
Resistance 3 4,883.53
Resistance 2 4,752.32
Resistance 1 4,638.23
Support 1 4,392.93
Support 2 4,261.72
Support 3 4,147.63
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