CAIXABANK SA (CABK.MC) Stock Technical Analysis
BME:CABK - Bolsa De Madrid - ES0140609019 - Common Stock - Currency: EUR
We assign a technical rating of 6 out of 10 to CABK. In the last year, CABK was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month CABK has a been trading in the 7.23 - 7.71 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
CABK is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so CABK is performing more or less in line with the market.
CABK has an average volume of 5766920 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, CABK did better than 87% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
CABK has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 7.65. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 7.37, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
5.72
7.77
We found 4 important support areas.
- A support zone ranging from 7.28 to 7.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 7.10 to 7.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @6.55 from a trend line in the daily time frame.
- Support @5.78 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 7.65 to 7.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for CABK.MC is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CABK.MC is neutral. |
| ChartMill Relative Strength | 87.11 | POSITIVE | CABK.MC has a high relative strength, it outperformed 87.11% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CABK.MC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CABK.MC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CABK.MC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.11 | NEUTRAL | The RSI value for CABK.MC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests CABK.MC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 32.75 | NEUTRAL | The Stochastics value for CABK.MC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.32 | MEDIUM VOLATILITY | The ATR as a percentage value for CABK.MC suggests some volalility. |
| Average Directional Index/ADX (14) | 11.32 | NEGATIVE | The low ADX value for CABK.MC suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 7.46 | 7.27 | 0.19 (2.54%) | 25.00% |
| An entry @7.46. This is a Buy Stop order right above the 10 day moving average. | An exit @7.27. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.19 points, which is 2.54%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.64%. |
- The distance between exit and entry is rather small compared to the average daily movement of CABK. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
BME:CABK (6/18/2025, 5:29:56 PM)
7.388
+0.09 (+1.21%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.21%
1 Week0.27%
2 Weeks0%
1 Month-3.32%
3 Month0.65%
6 Month45.26%
12 Month49.04%
2 Year94.88%
3 Year122.73%
5 Year288.03%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.17
ATR(20)%2.32%
ATR Inc-5.21%
Range Today0.11
ADR(20)0.16
ADR(20)%2.11%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.11
Mansfield1.87
10 Day High7.69
10 Day Low7.24
20 Day High7.71
20 Day Low7.23
52 Week High7.8
52 Week Low4.53
CS1 End7.37
CR1 Start7.65
Volume & EV
DER(3)2.09%
DER(5)2.51%
Volume3.52M
Volume Incr26.09%
Vol(5)5.25M
Vol(50)5.77M