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: 1,06
Pivot: 1,01
Supports: 1,01 / 0,96 / 0,93
Resistances: 1,15 / 1,18 / 1,21
17/01/2019 09:51

Banco De Sabadell ST: short term rebound


The MACD is above its signal line and negative.

Our pivot point is at 1.01.

Our preference: short term rebound.

Alternative scenario: the downside breakout of 1.01 would call for 0.96 and 0.93.

Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and negative. The MACD must break above its zero level to trigger further gains. Moreover, the stock is trading above its 20 day MA (1.02) but under its 50 day MA (1.08).

Supports and resistances:
1.21 **
1.18 *
1.15 **
1.12
1.056 (EUR-last)
1.03
1.01 **
0.96 *
0.93 **

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 01-17-2019 at 09:51 UTC+1
Price reference: 1.06 last known on 01-17-2019 at 09:51 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