BANCO DE SABADELL SA (SAB.MC)

ES0113860A34 - Common Stock

1.694  +0.07 (+4.57%)

Technical Rating and Analysis

10

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.

Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that SAB is one of the better performing stocks in the market, outperforming 95% 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 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.
In the last month SAB has a been trading in the 1.40 - 1.74 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
SAB has an average volume of 11012000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
SAB Weekly chart
SAB Daily chart
Setup Rating and Analysis

3

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.

Support and Resistance Analysis

1.08

1.71

When analyzing the support we can see 6 important areas.

  • A support zone ranging from 1.43 to 1.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 1.37 to 1.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 1.17 to 1.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @1.13 from a horizontal line in the daily time frame.
  • Support @1.11 from a horizontal line in the weekly time frame.
  • Support @1.09 from a horizontal line in the daily time frame.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.48
Mansfield2.72
10 Day High1.74
10 Day Low1.4
20 Day High1.74
20 Day Low1.4
52 Week High1.74
52 Week Low0.87
Performance
1 Week7.86%
2 Weeks10.2%
1 Month11.57%
3 Month39.06%
6 Month41.73%
12 Month71.25%
2 Year122.53%
3 Year206.82%
5 Year55.77%
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
RSI(14)70.15
LBB1.39
UBB1.6
SAB Daily chart

BANCO DE SABADELL SA

BME:SAB (4/26/2024, 5:29:59 PM)

1.694

+0.07 (+4.57%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg4.57%
1 Week7.86%
2 Weeks10.2%
1 Month11.57%
3 Month39.06%
6 Month41.73%
12 Month71.25%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.06
ATR(20)%3.38%
ATR Inc
Range Today0.09
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High1.74
10 Day Low1.4
20 Day High1.74
20 Day Low1.4
52 Week High1.74
52 Week Low0.87
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume20.94M
Volume Incr90.74%
Vol(5)20.57M
Vol(50)11.01M