Análisis Chartista

Market Data

Name: Banco De Sabadell
Country: Spain
ISIN: ES0113860A34
RIC: SABE.MC
Short term opinion: Limited rise
Short term Evol.:
Mid term opinion: Consolidation
Mid term Evol.:
Last: 1,00
Pivot: 0,95
Supports: 0,95 / 0,91 / 0,88
Resistances: 1,09 / 1,12 / 1,15
03/01/2019 11:24

Banco De Sabadell ST: short term rebound towards 1.09


Alternative scenario: below 0.95, expect 0.91 and 0.88.

Our pivot point is at 0.95.

Our preference: short term rebound towards 1.09.

Alternative scenario: the downside breakout of 0.95 would call for 0.91 and 0.88.

Comment: the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the stock is trading under both its 20 and 50 day MA (respectively at 1.03 and 1.1). Banco De Sabadell is currently trading nearits 52 week low at 0.95 reached on 27/12/18.

Supports and resistances:
1.15 **
1.12 *
1.09 **
1.07
0.9986 (EUR-last)
0.97
0.95 **
0.91 *
0.88 **

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 01-03-2019 at 11:24 UTC+1
Price reference: 1.00 last known on 01-03-2019 at 11:24 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