BANCO DE SABADELL SA (SAB.MC) Stock Technical Analysis
BME:SAB - Bolsa De Madrid - ES0113860A34 - Common Stock - Currency: EUR
Overall SAB gets a technical rating of 9 out of 10. Both in the recent history as in the last year, SAB has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
SAB is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so SAB is leading the market.
SAB is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
SAB has an average volume of 6376890 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that SAB is one of the better performing stocks in the market, outperforming 86% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
Although SAB has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
1.72
2.86
When analyzing the support we can see 5 important areas.
- A support zone ranging from 2.51 to 2.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.33 from a trend line in the daily time frame.
- Support @2.25 from a trend line in the weekly 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.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 2.78 to 2.83. This zone is formed by a combination of multiple trend lines and important moving averages 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 SAB.MC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SAB.MC is up. |
| ChartMill Relative Strength | 86.59 | POSITIVE | SAB.MC has a high relative strength, it outperformed 86.59% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SAB.MC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SAB.MC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SAB.MC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.3 | NEUTRAL | The RSI value for SAB.MC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests SAB.MC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 78.17 | NEUTRAL | The Stochastics value for SAB.MC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.53 | MEDIUM VOLATILITY | The ATR as a percentage value for SAB.MC suggests some volalility. |
| Average Directional Index/ADX (14) | 14.74 | NEGATIVE | The low ADX value for SAB.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)
BME:SAB (5/28/2025, 5:35:15 PM)
2.772
-0.03 (-1.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.11%
1 Week-0.5%
2 Weeks1.24%
1 Month6.17%
3 Month4.76%
6 Month55.21%
12 Month42.67%
2 Year199.35%
3 Year231.98%
5 Year919.12%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%2.53%
ATR Inc-14.62%
Range Today0.07
ADR(20)0.07
ADR(20)%2.41%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.59
Mansfield2.69
10 Day High2.85
10 Day Low2.66
20 Day High2.85
20 Day Low2.5
52 Week High2.85
52 Week Low1.67
CS1 End2.52
CR1 Start2.78
Volume & EV
DER(3)-1.11%
DER(5)-6.19%
Volume5.48M
Volume Incr-19.3%
Vol(5)4.64M
Vol(50)6.38M