B. SABADELL

- EUR (-)

- 15 min delayed data - Spain Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	SAB
ISIN:	ES0113860A34

B. SABADELL - Daily - Technical analysis published on 07/26/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

78%

22%

My opinion

Bullish above 1.1338 EUR

My targets

1.1898 EUR (+2.83%)

1.3010 EUR (+12.45%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on B. SABADELL as long as the price remains well above 1.1338 EUR. The buyers' bullish objective is set at 1.1898 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1.3010 EUR. If there is any crossing, the next objective would be the resistance located at 1.8063 EUR. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

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

7.5

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

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Additional analysis

Quotes

The B. SABADELL price is 1.1570 EUR. On the day, this instrument gained +1.63% with the lowest point at 1.1355 EUR and the highest point at 1.1610 EUR. The deviation from the price is +1.89% for the low point and -0.34% for the high point.

1.1355

1.1610

1.1570

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bearish opening

Type : Bearish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by B. SABADELL:

The Central Records scanner, which identifies the highest / lowest, has detected an element:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of B. SABADELL in Daily shows a strongly overall bullish trend. 82.14% 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. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, 14 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : Daily

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Daily

MACD crosses UP its Moving Average

Type : Bullish

Timeframe : Daily

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

The analysis of the price chart with Central Patterns scanners does not return any result.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.9947	1.0785	1.1338	1.1570	1.1898	1.3010	1.8063
Change (%)	-14.03%	-6.78%	-2.01%	-	+2.83%	+12.45%	+56.12%
Change	-0.1623	-0.0785	-0.0232	-	+0.0328	+0.1440	+0.6493
Level	Intermediate	Intermediate	Major	-	Intermediate	Major	Major

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.1018	1.1092	1.1238	1.1312	1.1458	1.1532	1.1678
Camarilla	1.1325	1.1345	1.1365	1.1385	1.1405	1.1425	1.1446
Woodie	1.1055	1.1110	1.1275	1.1330	1.1495	1.1550	1.1715
Fibonacci	1.1092	1.1176	1.1228	1.1312	1.1396	1.1448	1.1532

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.0787	1.0938	1.1087	1.1238	1.1387	1.1538	1.1687
Camarilla	1.1153	1.1180	1.1208	1.1235	1.1263	1.1290	1.1318
Woodie	1.0785	1.0938	1.1085	1.1238	1.1385	1.1538	1.1685
Fibonacci	1.0938	1.1053	1.1124	1.1238	1.1353	1.1424	1.1538

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.8230	0.8770	0.9655	1.0195	1.1080	1.1620	1.2505
Camarilla	1.0148	1.0279	1.0409	1.0540	1.0671	1.0801	1.0932
Woodie	0.8403	0.8856	0.9828	1.0281	1.1253	1.1706	1.2678
Fibonacci	0.8770	0.9314	0.9651	1.0195	1.0739	1.1076	1.1620

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	70.82
MACD (12,26,9):	0.0302
Directional Movement:	6.9275
AROON (14):	100.0000
DEMA (21):	1.1445
Parabolic SAR (0,02-0,02-0,2):	1.0685
Elder Ray (13):	0.0262
Super Trend (3,10):	1.0706
Zig ZAG (10):	1.1570
VORTEX (21):	1.1836
Stochastique (14,3,5):	90.00
TEMA (21):	1.1522
Williams %R (14):	-2.02
Chande Momentum Oscillator (20):	0.0685
Repulse (5,40,3):	5.7513
ROCnROLL:	1
TRIX (15,9):	0.4341
Courbe Coppock:	11.77

MA7:	1.1315
MA20:	1.1049
MA50:	1.0359
MA100:	1.0241
MAexp7:	1.1323
MAexp20:	1.1035
MAexp50:	1.0593
MAexp100:	1.0266
Price / MA7:	+2.25%
Price / MA20:	+4.72%
Price / MA50:	+11.69%
Price / MA100:	+12.98%
Price / MAexp7:	+2.18%
Price / MAexp20:	+4.85%
Price / MAexp50:	+9.22%
Price / MAexp100:	+12.70%

Quotes : - 15 min delayed data - Spain Stocks

This member declared not having a position on this financial instrument or a related financial instrument.

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