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22 December 2010

ABB LTD.



The market cap of the stock is 16254.43 . The PE Ratio of the stock is 97.84 and that of industry is 35.22. The earning per share EPS(TTM) is 7.84.

The stock is trading in down trend.The closing price is 764.05 on 21-12-20010. The immediate support is at 748.92. It is trading below 200 day simple moving average. The MACD is below zero line at -19.67 and RSI heading towards the 30 level. Both MACD and RSI are making lower lowes thus showing bearishness. Untill it does not break the downwards channel and the 200 day moving average above , it will continue to trade in down trend.

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