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 9 out of 10 to SAB. 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.
Looking at the yearly performance, SAB did better than 93% of all other stocks. On top of that, SAB also shows a nice and consistent pattern of rising prices.
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 - 2.70 range, which is quite wide. It is currently trading near the high of this range.
SAB has an average volume of 6784370 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.
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
1.69
2.84
When analyzing the support we can see 9 important areas.
- A support zone ranging from 2.46 to 2.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.38 from a trend line in the weekly time frame.
- Support @2.30 from a horizontal line in the weekly time frame.
- Support @2.23 from a trend line in the daily time frame.
- Support @2.17 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.
We found 1 important resistance area.
- A resistance zone ranging from 2.79 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
CRS93.99
Mansfield3.13
10 Day High2.66
10 Day Low2.13
20 Day High2.7
20 Day Low1.98
52 Week High2.83
52 Week Low1.67
Performance
1 Week4.8%
2 Weeks15.99%
1 Month-6.7%
3 Month18.52%
6 Month44.8%
12 Month54.55%
2 Year176.74%
3 Year259.62%
5 Year594.43%
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)0.03
RSI(14)56.78
LBB2.14
UBB2.71
BME:SAB (4/25/2025, 5:36:15 PM)
2.618
+0.05 (+1.95%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.95%
1 Week4.8%
2 Weeks15.99%
1 Month-6.7%
3 Month18.52%
6 Month44.8%
12 Month54.55%
2 Year176.74%
3 Year259.62%
5 Year594.43%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.15
ATR(20)%4.98%
ATR Inc-71.54%
Range Today0.03
ADR(20)0.11
ADR(20)%4.07%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.99
Mansfield3.13
10 Day High2.66
10 Day Low2.13
20 Day High2.7
20 Day Low1.98
52 Week High2.83
52 Week Low1.67
CS1 End2.48
CR1 Start2.79
Volume & EV
DER(3)-1.08%
DER(5)-2.54%
Volume3.09M
Volume Incr-53.38%
Vol(5)3.68M
Vol(50)6.78M