BANCO DE SABADELL SA (SAB.MC) Stock Technical Analysis
BME:SAB - Bolsa De Madrid - ES0113860A34 - Common Stock - Currency: EUR
We assign a technical rating of 8 out of 10 to SAB. In the last year, SAB was one of the better performers, but we do observe some doubts in the very recent evolution.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
Looking at the yearly performance, SAB did better than 88% of all other stocks. We also observe that the gains produced by SAB over the past year are nicely spread over this period.
SAB is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so SAB slightly outperforms the market at the moment.
In the last month SAB has a been trading in the 1.98 - 2.69 range, which is quite wide. It is currently trading near the high of this range.
SAB has an average volume of 6754240 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
SAB has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 2.74. Right above this resistance zone may be a good entry point.
More info and screens
1.69
2.84
When analyzing the support we can see 9 important areas.
- A support zone ranging from 2.55 to 2.55. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @2.41 from a trend line in the weekly time frame.
- Support @2.30 from a horizontal line in the weekly time frame.
- Support @2.24 from a trend line in the daily time frame.
- Support @2.18 from a trend line in the weekly time frame.
- Support @1.83 from a trend line in the daily time frame.
- Support @1.79 from a horizontal line in the daily time frame.
- Support @1.74 from a horizontal line in the weekly time frame.
- Support @1.71 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 2.74 to 2.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.89
Mansfield2.78
10 Day High2.69
10 Day Low2.39
20 Day High2.69
20 Day Low1.98
52 Week High2.83
52 Week Low1.67
Performance
1 Week-0.93%
2 Weeks8.78%
1 Month-0.93%
3 Month12.55%
6 Month38.74%
12 Month36.09%
2 Year171.04%
3 Year252.2%
5 Year580.11%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.02
RSI(14)52
LBB2.21
UBB2.75
BME:SAB (5/2/2025, 12:26:20 PM)
2.575
+0.01 (+0.43%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.43%
1 Week-0.93%
2 Weeks8.78%
1 Month-0.93%
3 Month12.55%
6 Month38.74%
12 Month36.09%
2 Year171.04%
3 Year252.2%
5 Year580.11%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%5%
ATR Inc-26.12%
Range Today0.08
ADR(20)0.11
ADR(20)%4.22%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.89
Mansfield2.78
10 Day High2.69
10 Day Low2.39
20 Day High2.69
20 Day Low1.98
52 Week High2.83
52 Week Low1.67
CS1 End2.55
CR1 Start2.74
Volume & EV
DER(3)-8.75%
DER(5)-5.49%
Volume3.14M
Volume Incr-40.45%
Vol(5)4.27M
Vol(50)6.75M