Medium term view - BANCO DE SABADELL SA : The background trend is clearly bearish.
The background trend is clearly bearish. The movement goes on.The next target is at €1.0029, then €0.8573. Passing €1.8824 would question the continuation of the fall.
Banco de Sabadell is a bank holding company. Through its subsidiaries, Co. provides a range of banking and financial services in Spain and internationally. Co.'s activities include investment banking, private banking, portfolio management, mortgage loans, commercial loans and other financial products and services, deposits and international banking operations. Co. is also engaged in life insurance underwriting and brokerage. Additionally, Co. is engaged in capital property and development, as well as investing in environmental projects. As of Dec 31 2014, Co. had total assets of Euro163,345,673,000 and total customer deposits of Euro98,208,370,000.
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