The return of the holidays has brought significant advances in the technical stock market indicators of several values of Spanish equities. After a strong selling trend in the months of August and September, they have finally managed to overcome supports of great relevance in technical analysis. To the point that you can enter their positions to try to profit from their movements, at least in the short term. With a progressive improvement by its stock market technician and that can help them to resume an upward trend with longer periods of permanence.
In all these cases they represent a buying opportunity even at the cost of assuming some risks derived from the strong depreciation in their prices that they have had in the summer months. Where in some of the cases, have fallen above 10%, especially the worst hit sector of the Ibex 35, which has been the banks. Without ruling out at any time that they may resume their downward trend as a result of the situation in the equity markets. Not surprisingly, we are facing very complex moments to operate on the stock market and this is a factor that cannot be forgotten these days.
On the other hand, it is also worth noting that these national equities are in a highly undervalued situation as a result of the latest stock market declines. Moreover, in some cases they are about securities named as value, which are very fashionable among national and international managers due to their strong upward potential. As long as they are helped by the conditions of the equity markets. But in any case, in the medium and long term they can do much better than the rest of the national continuous market.
Best technical aspect: Santander
It seems that it has stopped its declines in the stock market around 3,40 euros per shares after a tremendous bearish rally that has left its shareholders very touched. Now he tries to fight to overcome the barrier he has at the moment in the Just 4 euros. If it succeeds, it will be able to pull much higher in the coming months because it is trading at a much discount on the target price attributed to it by financial intermediaries. Being able to be one of the values that will revalue the most in the coming days if the evolution of the Ibex 35 is positive.
On the other hand, the bank headed by Ana Patricia Botín is the one with some of the best fundamentals in the entire financial sector. From this point of view we can expect it to do much better than the competition. Especially because its price does not reflect its value real as alluded to by equity market analysts. In other words, you have much more to gain than to lose right now if you open positions in one of the great blue chips of the national stock market.
Mapfre has been very punished
The insurance company is another of the values of the Ibex 35 that can soar as soon as it is helped by the stock markets. When everything seemed like it was going to head to the important barrier that it had in the 3 euros per share the stock market fell sharply in the summer months. To the point that it has brought it to levels very close to 2,30 euros, a valuation that is also far from its target price. Of course, it is a security that has been very punished in the markets, but at any moment it can resume the upward trend that it left at the end of the summer. Not surprisingly, for fundamentals you do not have to fear much in your positions.
The national insurer, on the other hand, is a listed company that does not offer much volatility in the configuration of its prices. If not, on the contrary, it is quite stable when moving in recent months in a fork that goes from 2,30 to 2,80 euros per share. Of course, if this last resistance were to be broken, there is no doubt that it could lead to much more ambitious goals from a strategic point of view. Even with the real possibility of approaching levels at 3,50 euros. With which, its potential for revaluation is quite high at this precise moment.
Sabadell for the euro unit
Again another bank on the radar of purchases on the stock market and in this case in a value that has gone on to trade below the euro unit. It is difficult to get out of this complex scenario but if it materializes, there is no doubt that it can go much higher in the configuration of its prices. In this sense, we cannot forget that this financial group has depreciated close to 50% in the last three years. Being the bank that has fallen the most together with Caixabank. With this perspective, it can also have a very attractive revaluation potential for the interests of small and medium investors.
While on the other hand, we cannot forget that this bank is the one that distributes one of the most generous dividends of the selective index of national equities. With a return at this time on savings very close to 9%. In what is constituted as a purchase opportunity, at least for the medium and long term. In other words, it offers a fixed and guaranteed return every year and that makes it very attractive for a very specific investor profile. In any case, it is another of the securities that should be quarantined in case it is profitable to open positions from now on.
Telefónica: opportunity to buy
The national telecom par excellence is another of the great values that can give us some joy in the coming months. In particular, because of how much it has depreciated on the stock market and that has led it to fall below 6 euros per share. When a few months ago it was struggling to get close to the 8 euro levels. That is, it has a lot of space to recover and more if the term of permanence of the operations goes aimed at medium or long. In any case, it is one of the favorite values for equity analysts who see a great buying opportunity in the listed company. Above other securities that are listed on the national continuous market, and despite the debt that the company has contracted.
While on the other hand, we must also emphasize that it offers a very high dividend distribution, with a profitability close to 7%. Paying its shareholders 0,40 euros every year and in a constant way and with hardly any differences in the percentage. On the other hand, another aspect that must be assessed in the value is that it is one of the members of the so-called blue chips of national equities, with all the connotations that this factor wants to indicate to small and medium investors. Where every day moves a very relevant amount of securities among investment agents. In addition, it has the advantage of the fact that the prices of the purchase and sale can be adjusted very well.
Arcelor, but with more risks
In any case, if there is a security that can have a revaluation ratio, this is the international steel company. But considering its risks in operations are simply enormous. Because it is a cyclical value par excellence and this in practice means it is a very bullish quote in periods of economic expansion. But on the contrary, their falls are brutal in periods of economic recession. Given this scenario, if there is going to be a halt in the world economy, the best strategy we can do with this value is to leave it until a better opportunity.
Not surprisingly, if the economy falls from now on, there is no way that Arcelor prices can continue to fall as they have been up to now. From this point of view, this value is different from the ones we have mentioned as a purchase opportunity. Because you have to bear in mind that buying and selling shares on the stock market is the best way to make investments. But we do not know what is the best time to enter or exit this value since it is one of the most complex to operate.
In this sense, do not doubt that it is somewhat atypical to carry out any kind of investment strategy. You'd better wait for the macro data to improve substantially in the next few years. Where, this time, it can develop upside potential that is more than relevant and superior to that of other securities on the national equity markets. With the possibility of appreciating around 50%, as has happened in previous years. Therefore, there is no other solution but to wait if we do not want to have some other negative surprises.