ABB stock price forecast has strengthened following upgrades from major brokerages, anticipating Q2 growth driven by EV infrastructure contracts. Technical analysis indicates strong support at $36. Most readers would already be aware that ABB's (VTX:ABBN) stock increased significantly by 11% over the past three months. Since the market usually pay for a company’s long-term fundamentals, we decided to study the company’s key performance indicators to see if they could be influencing the market. In this article, we decided to focus on ABB's ROE. “The reality of canceling (lunar programs), many of which have enjoyed rock-solid support from Congress over the past decade, will be no easy task, and it is unclear that the Trump Administration would want to pick a fight with members of its own party, particularly given the narrow advantage Republicans hold in both congressional chambers,” he wrote in an op-ed following the election results. “This is an area to watch closely.” A breakout to $43 could occur if next quarter’s bookings exceed expectations.