Londinia Opportunities Analyses - 06/15/2021 (GMT) B. SABADELL - 1H
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EUR
(-)
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15 min delayed data - Spain Stocks
| Type: | Stocks |
| Ticker: | SAB |
| ISIN: | ES0113860A34 |
- Europe Stocks
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
6%
83%
11%
My opinion
Bearish under 0.6351 EUR
My targets
0.6266 EUR (-0.73%)
0.6188 EUR (-1.96%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on B. SABADELL as long as the price remains well below 0.6351 EUR. The sellers' bearish objective is set at 0.6266 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.6188 EUR. In case of crossing, the next objective would be the support located at 0.5800 EUR. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
8.6
Analysis too old. There are no more charts available.
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Additional analysis
Quotes
The B. SABADELL rating is 0.6312 EUR. On the day, this instrument lost -1.44% and was traded between 0.6296 EUR and 0.6430 EUR over the period. The price is currently at +0.25% from its lowest and -1.84% from its highest.0.6296
0.6430
0.6312
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of this 1H chart of B. SABADELL indicates that the overall trend is strongly bearish. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
The probability of a further decline is high given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : 1 hour
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Support of triangle is broken
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.5800 | 0.6188 | 0.6266 | 0.6312 | 0.6351 | 0.6462 | 0.6570 |
| Change (%) | -8.11% | -1.96% | -0.73% | - | +0.62% | +2.38% | +4.09% |
| Change | -0.0512 | -0.0124 | -0.0046 | - | +0.0039 | +0.0150 | +0.0258 |
| Level | Minor | Minor | Intermediate | - | Major | Minor | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.6243 | 0.6301 | 0.6353 | 0.6411 | 0.6463 | 0.6521 | 0.6573 |
| Camarilla | 0.6374 | 0.6384 | 0.6394 | 0.6404 | 0.6414 | 0.6424 | 0.6434 |
| Woodie | 0.6239 | 0.6300 | 0.6349 | 0.6410 | 0.6459 | 0.6520 | 0.6569 |
| Fibonacci | 0.6301 | 0.6343 | 0.6369 | 0.6411 | 0.6453 | 0.6479 | 0.6521 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.6009 | 0.6155 | 0.6277 | 0.6423 | 0.6545 | 0.6691 | 0.6813 |
| Camarilla | 0.6326 | 0.6351 | 0.6375 | 0.6400 | 0.6425 | 0.6449 | 0.6474 |
| Woodie | 0.5998 | 0.6149 | 0.6266 | 0.6417 | 0.6534 | 0.6685 | 0.6802 |
| Fibonacci | 0.6155 | 0.6257 | 0.6320 | 0.6423 | 0.6525 | 0.6588 | 0.6691 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.3725 | 0.4463 | 0.5365 | 0.6103 | 0.7005 | 0.7743 | 0.8645 |
| Camarilla | 0.5817 | 0.5967 | 0.6118 | 0.6268 | 0.6418 | 0.6569 | 0.6719 |
| Woodie | 0.3808 | 0.4504 | 0.5448 | 0.6144 | 0.7088 | 0.7784 | 0.8728 |
| Fibonacci | 0.4463 | 0.5089 | 0.5476 | 0.6103 | 0.6729 | 0.7116 | 0.7743 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 40.34 | |
| MACD (12,26,9): | -0.0022 | |
| Directional Movement: | -11.1161 | |
| AROON (14): | -78.5714 | |
| DEMA (21): | 0.6357 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.6432 | |
| Elder Ray (13): | -0.0057 | |
| Super Trend (3,10): | 0.6459 | |
| Zig ZAG (10): | 0.6312 | |
| VORTEX (21): | 0.9339 | |
| Stochastique (14,3,5): | 9.08 | |
| TEMA (21): | 0.6342 | |
| Williams %R (14): | -87.36 | |
| Chande Momentum Oscillator (20): | -0.0104 | |
| Repulse (5,40,3): | -0.8592 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0222 | |
| Courbe Coppock: | 1.51 |
| MA7: | 0.6409 | |
| MA20: | 0.6427 | |
| MA50: | 0.5778 | |
| MA100: | 0.5003 | |
| MAexp7: | 0.6348 | |
| MAexp20: | 0.6380 | |
| MAexp50: | 0.6403 | |
| MAexp100: | 0.6414 | |
| Price / MA7: | -1.51% | |
| Price / MA20: | -1.79% | |
| Price / MA50: | +9.24% | |
| Price / MA100: | +26.16% | |
| Price / MAexp7: | -0.57% | |
| Price / MAexp20: | -1.07% | |
| Price / MAexp50: | -1.42% | |
| Price / MAexp100: | -1.59% |
Quotes :
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