ABB: The Trend Continues Higher (ABB)
Friday, March 12, 2010 - 11:54
Written on Fri, 03/12/2010 - 11:54am
By Chip Brian

SmarTrend identified an Uptrend for ABB (NYSE:ABB) on February 18, 2010 at $19.66. In approximately 3 weeks, ABB has returned 7.5% as of today's recent price of $21.13.
ABB is currently above its 50-day moving average of $19.23 and above its 200-day moving average of $18.55. Look for these moving averages to climb to confirm the company's upward momentum.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of ABB shares.

Keywords: Stock research report chart fundamental technical analysis

Ticker(s): ABB

Contact Chip Brian



Smartrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.mysmartrend.com.

Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at http://www.mysmartrend.com/morning-call-newsletter-signup.