ABB Price Prediction, ABB Ltd AI Recommendations

ABB in upward trend: price may ascend as a result of having broken its lower Bollinger Band on March 15, 2023

ABB may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In 27 of 40 cases where ABB's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are 68%.

Technical Analysis (Indicators)

Bullish Trend Analysis

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 52 cases where ABB's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where ABB advanced for three days, in of 333 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on March 15, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on ABB as a result. In of 71 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

ABB moved below its 50-day moving average on March 15, 2023 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for ABB crossed bearishly below the 50-day moving average on March 15, 2023. This indicates that the trend has shifted lower and could be considered a sell signal. In of 15 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where ABB declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

The Aroon Indicator for ABB entered a downward trend on March 07, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Fundamental Analysis (Ratings)

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 84, placing this stock better than average.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (4.869) is normal, around the industry mean (6.214). P/E Ratio (25.316) is within average values for comparable stocks, (40.650). Projected Growth (PEG Ratio) (0.296) is also within normal values, averaging (1.986). Dividend Yield (0.026) settles around the average of (0.024) among similar stocks. P/S Ratio (2.165) is also within normal values, averaging (97.901).

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. ABB’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

ABB is expected to report earnings to fall 34.90% to 39 cents per share on April 25

Q1'23

Est.

$0.40

Q4'22

Beat

by $0.22

Q3'22

Beat

by $0.06

Q2'22

Missed

by $0.14

Q1'22

Missed

by $0.03

ABB paid dividends on May 14, 2021