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 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SAB is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that SAB is one of the better performing stocks in the market, outperforming 90% of all 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 S&P500 Index however is currently trading near a new high, so SAB is lagging the market slightly.
SAB has an average volume of 6315290 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month SAB has a been trading in the 2.63 - 3.08 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Although SAB has an excellent technical rating, it does not present a decent entry opportunity 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
2.98
We found 5 important support areas.
- A support zone ranging from 2.76 to 2.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 2.69 to 2.69. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @2.64 from a horizontal line in the daily time frame.
- Support @2.48 from a trend line in the daily time frame.
- Support @1.74 from a horizontal line in the weekly time frame.
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 | 90.2 | POSITIVE | SAB.MC has a high relative strength, it outperformed 90.2% 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) | 61.26 | NEUTRAL | The RSI value for SAB.MC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests SAB.MC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 73.88 | NEUTRAL | The Stochastics value for SAB.MC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.3 | MEDIUM VOLATILITY | The ATR as a percentage value for SAB.MC suggests some volalility. |
| Average Directional Index/ADX (14) | 25.9 | POSITIVE | The high ADX value value for SAB.MC suggests a strong 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 (7/14/2025, 5:29:57 PM)
2.948
+0.02 (+0.65%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.65%
1 Week0.75%
2 Weeks9.02%
1 Month4.06%
3 Month18.63%
6 Month40.25%
12 Month51.65%
2 Year162.98%
3 Year371.68%
5 Year909.59%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%2.3%
ATR Inc18.63%
Range Today0.08
ADR(20)0.06
ADR(20)%2.1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.2
Mansfield2.15
10 Day High3.08
10 Day Low2.71
20 Day High3.08
20 Day Low2.63
52 Week High3.08
52 Week Low1.67
CS1 End2.81
CR1 StartN/A
Volume & EV
DER(3)6.73%
DER(5)4.67%
Volume7.35M
Volume Incr29.26%
Vol(5)8.76M
Vol(50)6.32M