Short term view - BANCO DE SABADELL SA : Falling prices.
The background trend is clearly bearish. Prices are falling again, but the movement has become hesitant.The next support is at €1.0551. The background trend would be questioned should prices rise above €1.5000.
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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