B. SABADELL - 1H - Technical analysis published on 09/22/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
94%
0%
6%
My opinion
Bullish above 0.7852 EUR
My targets
0.8016 EUR (+0.80%)
0.8320 EUR (+4.63%)
My analysis
The bullish trend is currently very strong on B. SABADELL. As long as the price remains above the support at 0.7852 EUR, you could try to benefit from the boom. The first bullish objective is located at 0.8016 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.8320 EUR as an objective. Crossing it would then enable buyers to target 0.9078 EUR. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
9.1
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Additional analysis
Quotes
The B. SABADELL rating is 0.7952 EUR. The price has increased by +5.07% since the last closing and was traded between 0.7492 EUR and 0.7996 EUR over the period. The price is currently at +6.14% from its lowest and -0.55% from its highest.0.7492
0.7996
0.7952
A study of price movements over other periods shows the following variations:
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of B. SABADELL indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, 17 technical indicators on 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : 1 hour
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : 1 hour
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:
Bullish harami
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.7364 | 0.7681 | 0.7852 | 0.7952 | 0.8016 | 0.8320 | 0.9078 |
| Change (%) | -7.39% | -3.41% | -1.26% | - | +0.80% | +4.63% | +14.16% |
| Change | -0.0588 | -0.0271 | -0.0100 | - | +0.0064 | +0.0368 | +0.1126 |
| Level | Intermediate | Major | Intermediate | - | Minor | Major | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.7285 | 0.7371 | 0.7469 | 0.7555 | 0.7653 | 0.7739 | 0.7837 |
| Camarilla | 0.7517 | 0.7534 | 0.7551 | 0.7568 | 0.7585 | 0.7602 | 0.7619 |
| Woodie | 0.7292 | 0.7374 | 0.7476 | 0.7558 | 0.7660 | 0.7742 | 0.7844 |
| Fibonacci | 0.7371 | 0.7441 | 0.7484 | 0.7555 | 0.7625 | 0.7668 | 0.7739 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.6586 | 0.6918 | 0.7188 | 0.7520 | 0.7790 | 0.8122 | 0.8392 |
| Camarilla | 0.7293 | 0.7348 | 0.7403 | 0.7458 | 0.7513 | 0.7568 | 0.7624 |
| Woodie | 0.6555 | 0.6903 | 0.7157 | 0.7505 | 0.7759 | 0.8107 | 0.8361 |
| Fibonacci | 0.6918 | 0.7148 | 0.7290 | 0.7520 | 0.7750 | 0.7892 | 0.8122 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.5689 | 0.5951 | 0.6411 | 0.6673 | 0.7133 | 0.7395 | 0.7855 |
| Camarilla | 0.6672 | 0.6738 | 0.6804 | 0.6870 | 0.6936 | 0.7002 | 0.7069 |
| Woodie | 0.5787 | 0.6001 | 0.6509 | 0.6723 | 0.7231 | 0.7445 | 0.7953 |
| Fibonacci | 0.5951 | 0.6227 | 0.6398 | 0.6673 | 0.6949 | 0.7120 | 0.7395 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 70.62 | |
| MACD (12,26,9): | 0.0078 | |
| Directional Movement: | 17.7971 | |
| AROON (14): | 71.4286 | |
| DEMA (21): | 0.7768 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.7443 | |
| Elder Ray (13): | 0.0213 | |
| Super Trend (3,10): | 0.7624 | |
| Zig ZAG (10): | 0.7974 | |
| VORTEX (21): | 1.1502 | |
| Stochastique (14,3,5): | 93.33 | |
| TEMA (21): | 0.7824 | |
| Williams %R (14): | -5.93 | |
| Chande Momentum Oscillator (20): | 0.0418 | |
| Repulse (5,40,3): | 3.1380 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0535 | |
| Courbe Coppock: | 4.22 |
| MA7: | 0.7612 | |
| MA20: | 0.7175 | |
| MA50: | 0.6781 | |
| MA100: | 0.7193 | |
| MAexp7: | 0.7810 | |
| MAexp20: | 0.7685 | |
| MAexp50: | 0.7595 | |
| MAexp100: | 0.7444 | |
| Price / MA7: | +4.47% | |
| Price / MA20: | +10.83% | |
| Price / MA50: | +17.27% | |
| Price / MA100: | +10.55% | |
| Price / MAexp7: | +1.82% | |
| Price / MAexp20: | +3.47% | |
| Price / MAexp50: | +4.70% | |
| Price / MAexp100: | +6.82% |
Quotes :
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15 min delayed data
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Spain Stocks
This member declared not having a position on this financial instrument or a related financial instrument.
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