BANKINTER

- EUR (-)

- 15 min delayed data - Spain Stocks

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	BKT
ISIN:	ES0113679I37

BANKINTER - 1H - Technical analysis published on 09/13/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Bearish

Underlying: Slightly bearish

Technical indicators

22%

39%

My opinion

Bearish under 8.045 EUR

My targets

7.903 EUR (-0.72%)

7.514 EUR (-5.60%)

My analysis

The bearish trend is truly tentative and does not seem to be supported in the short term. It is advisable to trade BANKINTER with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 8.045 EUR. The next bearish objective for sellers is set at 7.903 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 7.514 EUR. In case of crossing, the next objective would be the support located at 7.110 EUR. In the event of a bullish break in the resistance located at 8.045 EUR a certain indecision would take hold.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.

Force

2.9

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.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

BANKINTER rating 7.960 EUR. The price is lower by -0.80% since the last closing with the lowest point at 7.938 EUR and the highest point at 8.018 EUR. The deviation from the price is +0.28% for the low point and -0.72% for the high point.

7.938

8.018

7.960

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by BANKINTER:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in 1H of this BANKINTER chart shows a slightly bearish trend. Only 57.14% of the signals given by moving averages are bearish. This slightly bearish trend is not supported by the signals currently being given by short-term moving averages. An assessment of moving averages reveals several bearish signals that could impact this trend:

Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : 1 hour

Bearish price crossover with Moving Average 50

Type : Bearish

Timeframe : 1 hour

Bearish price crossover with Moving Average 100

Type : Bearish

Timeframe : 1 hour

Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : 1 hour

Bearish price crossover with adaptative moving average 50

Type : Bearish

Timeframe : 1 hour

The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:

MACD indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

RSI indicator is back under 50

Type : Bearish

Timeframe : 1 hour

MACD crosses DOWN its Moving Average

Type : Bearish

Timeframe : 1 hour

Ichimoku : price is under the cloud

Type : Bearish

Timeframe : 1 hour

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

Williams %R indicator is back under -50

Type : Bearish

Timeframe : 1 hour

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Near support of channel

Type : Bullish

Timeframe : 1 hour

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	6.706	7.110	7.903	7.960	8.045	8.144	8.292
Change (%)	-15.75%	-10.68%	-0.72%	-	+1.07%	+2.31%	+4.17%
Change	-1.254	-0.850	-0.057	-	+0.085	+0.184	+0.332
Level	Minor	Intermediate	Intermediate	-	Major	Minor	Major

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	7.849	7.887	7.955	7.993	8.061	8.099	8.167
Camarilla	7.995	8.005	8.014	8.024	8.034	8.043	8.053
Woodie	7.865	7.895	7.971	8.001	8.077	8.107	8.183
Fibonacci	7.887	7.927	7.952	7.993	8.033	8.058	8.099

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	7.514	7.682	7.808	7.976	8.102	8.270	8.396
Camarilla	7.853	7.880	7.907	7.934	7.961	7.988	8.015
Woodie	7.493	7.672	7.787	7.966	8.081	8.260	8.375
Fibonacci	7.682	7.794	7.864	7.976	8.088	8.158	8.270

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	6.044	6.452	7.224	7.632	8.404	8.812	9.584
Camarilla	7.672	7.780	7.888	7.996	8.104	8.212	8.321
Woodie	6.226	6.543	7.406	7.723	8.586	8.903	9.766
Fibonacci	6.452	6.903	7.181	7.632	8.083	8.361	8.812

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	48.29
MACD (12,26,9):	0.0010
Directional Movement:	-1.701
AROON (14):	7.143
DEMA (21):	7.971
Parabolic SAR (0,02-0,02-0,2):	7.942
Elder Ray (13):	0
Super Trend (3,10):	8.030
Zig ZAG (10):	7.960
VORTEX (21):	0.9750
Stochastique (14,3,5):	49.34
TEMA (21):	7.974
Williams %R (14):	-66.04
Chande Momentum Oscillator (20):	-0.014
Repulse (5,40,3):	-0.1330
ROCnROLL:	2
TRIX (15,9):	0.0040
Courbe Coppock:	0.07

MA7:	7.968
MA20:	7.942
MA50:	7.789
MA100:	7.703
MAexp7:	7.971
MAexp20:	7.969
MAexp50:	7.969
MAexp100:	7.947
Price / MA7:	-0.10%
Price / MA20:	+0.23%
Price / MA50:	+2.20%
Price / MA100:	+3.34%
Price / MAexp7:	-0.14%
Price / MAexp20:	-0.11%
Price / MAexp50:	-0.11%
Price / MAexp100:	+0.16%

Quotes : - 15 min delayed data - Spain Stocks

News

The last news published on BANKINTER at the time of the generation of this analysis was as follows:

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

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