TMCNet: Uptrend Call Working As ABB Stock Rises 18.9% (ABB)

[February 22, 2013]

Uptrend Call Working As ABB Stock Rises 18.9% (ABB)

Feb 22, 2013 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for ABB (NYSE:ABB) on November 29th, 2012 at $19.36. In approximately 3 months, ABB has returned 18.88% as of today's recent price of $23.01.

Over the past year, ABB has traded in a range of $15.26 to $23.37 and is now at $23.01, 51% above that low. The 200-day and 50-day moving averages have moved 0.39% higher and 0.86% higher over the past week, respectively.

ABB Limited provides power and automation technologies. The Company operates under segments that include power products, power systems, automation products, process automation and robotics.


SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of ABB shares.Log in and add ABB (ABB) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- 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/signup

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