Análisis Chartista

Market Data

Name: Banco De Sabadell
Country: Spain
ISIN: ES0113860A34
RIC: SABE.MC
Short term opinion: Limited decline
Short term Evol.:
Mid term opinion: Consolidation
Mid term Evol.:
Last: 1,01
Pivot: 1,07
Supports: 0,92 / 0,89 / 0,86
Resistances: 1,07 / 1,12 / 1,14
20/12/2018 20:41

Banco De Sabadell ST: the downside prevails as long as 1.07 is resistance


Alternative scenario: the upside breakout of 1.07 would call for 1.12 and 1.14.

1.07 is our pivot point.

Our preference: the downside prevails as long as 1.07 is resistance.

Alternative scenario: the upside breakout of 1.07 would call for 1.12 and 1.14.

Comment: theRSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the stock is trading under both its 20 and 50 day MA (respectively at 1.08 and 1.13). Banco De Sabadell is currently trading near its 52 week low at 1 reached on 20/12/18.

Supports and resistances:
1.14 **
1.12 *
1.07 **
1.05
1.0125 (EUR-last)
0.94
0.92 **
0.89 *
0.86 **

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 12-20-2018 at 20:41 UTC+1
Price reference: 1.01 last known on 12-20-2018 at 20:41 UTC+1
Investment horizon: ST

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Legend:  * = Intermediate level    ** = Strong level    *** = Very strong level
 Name  Short term opinion Short term Evol. Mid term opinion Mid term Evol.
Banco De SabadellLimited declineConsolidation
Banco De SabadellLimited declineConsolidation
Banco De SabadellLimited declineConsolidation
Banco De SabadellLimited riseConsolidation
Banco De SabadellLimited riseConsolidation
Banco De SabadellLimited riseConsolidation
Banco De SabadellLimited riseConsolidation
Banco De SabadellLimited riseConsolidation
Banco De SabadellLimited declineConsolidation
Banco De SabadellLimited declineConsolidation