A support is a price level below the current one, and which is characterized compared to other figures with similar characteristics because the buying force is expected to exceed the selling force. That is, in theory it will assume that the bearish momentum is slowed down in the following trading sessions and that as a consequence of this trend it will logically tend to be reputed. Although this movement will not do it with great intensity, but on the contrary, it will be very short in duration. Supports are also identified with the lows previously reached and it is one of the most popular figures in technical analysis.
There is currently a wide selection of securities listed on the Spanish equity markets that go through this situation. That is, they have broken the odd support of some relevance and that can serve so that from now on users design some investment strategy to try to benefit from these movements in the stock market. Being one of the signals that are most sought after by small and medium investors in their attempt to open or close positions from any kind of strategy in the financial markets.
So that it can serve as support in your investments, we are going to offer you some of the values that are happening at the moment due to this circumstance. Among which are some of the blue chips of national equities, but also the occasional small and mid-cap security. In a movement that, on the other hand, is very common to happen in stock market sessions and that should not involve special attention in its appearance. But yes, to develop a system with which you can make capital profitable invested in the stock market. Because what it is at the end of the day is that you can take advantage of these variations in the price quotation. Something that on the other hand is not very difficult to achieve if you act quickly in the equity markets.
Telefónica below 6 euros
The national telecom par excellence has been one of the last to get on this movement by knocking down the support that had around 6,18 euros for each share. Where the risks of this value is that it can be directed very close to the levels of 5 euros per share, which would be a new all-time low from which it would be difficult to get out, at least in the short term. This is one of the main reasons why you should refrain from performing any kind of operations. It is much better for your eyes to go to other important companies that are listed in the selective index of equities in our country. Especially because it may have a higher depreciation potential than in the other securities, in what is configured as one of its main hallmarks.
Sniace with many risks
It has not yet reached 3 euros per share, but the important thing is that it has already broken important supports in recent months. To the extent that this stock market value can be included in the monitoring radar to make very selective purchases in a short space of time. Even with the risk that this type of operation entails because its price is very high for the expectations that it is quoted at the moment. The key to optimizing these movements is at the level of three euros and that if it exceeds it, it may reach higher levels during this current year. Although it would be highly recommended that a loss limitation order be applied.
Sabadell again below the euro
It is another of the values in which you should not be positioned because its selling pressure is very strong. To the point that it has once again traded below one euro unit after having developed a rebound of some size. What can be interpreted as a clear sign of weakness in very difficult moments. Where there is no doubt that it can do even worse from now on due to its poor technical condition. In addition, you can not forget about the rumors that are running in the financial markets about your possible integration into BBVA. A factor that can penalize you in the shortest term and that is what is causing many small and medium investors to be absent from their positions.
Enagás with terrible prospects
The national gas company is not going through the best of times from a stock market point of view. Not surprisingly, the recommendations by financial analysts are very clear and are none other than undoing positions on the listed Ibex 35. They do not give a target price beyond the 20 or 21 euros for each share and that it is exerting a very strong selling pressure. Due to the risks involved in hiring their titles, you can lose a lot of money from their movements. Therefore, it is not highly recommended that it be part of your portfolio from this very moment. Being one of the values that has the worst technical aspect at the moment after the blow it suffered in the summer of last year.
Mediaset with another bad aspect
Of course, this important communication group is another of the values that are not highly recommended for opening positions at these price levels. Where it must be emphasized that its technical aspect has been very deteriorated in the last year. After having broken many supports of great relevance and that have influenced the selling pressure has been imposed with great force in recent months, as can be seen in the last sessions on the stock market in our country. In a general environment that does not benefit the social media at all due to the decrease in advertising and that will weigh down its income statement from now on.
Santander at the crossroads
Openbank, the largest 100% digital bank in Europe and part of the Santander Group, begins its activity in Germany with the launch of its travel card and its socially responsible investment platform (roboadvisor). As part of its international expansion plan, Germany is the first country in which the bank has landed, followed by the Netherlands and Portugal before the end of the year. As an introductory offer, the entity offers the Welcome Account for new clients, which has an interest of 1% during the first six months for a maximum remunerable balance of 5.000 euros.
Endesa in free rise
Electricity is one of the companies that benefited the most from the start-up of the ecological transition. Regarding this aspect, it should be noted that it has reached an agreement with the Valencian network of Gasexpress service stations to install 78 fast chargers for electric vehicles in its automated establishments. The chargers will be distributed in 39 locations in six Autonomous Communities: Aragon, Valencian Community, Castilla La Mancha, Community of Madrid, Region of Murcia and Castilla y León. All charging points will be supplied by 100% renewable energy.
The agreement establishes the installation of fast technology chargers that allow the simultaneous recharging of two vehicles, one in 50 kW (in DC) and the other in 22 kW (in AC). These points allow 80% of the vehicle's battery to be charged in about 35 minutes (depending on the vehicle's previous charge percentage and its characteristics).
Gasexpress customers, whether or not they are Endesa customers, will be able to recharge their vehicles in a very simple way. Users will need to have the Endesa X application, Juice Pass (available on both Ios and Android), to activate the service and begin the process. It will not be necessary to register to use the App, since it will also be possible to recharge and pay in a timely manner with a credit card.
Naturgy in search of 25 euros
After the erratic movements of last summer, it has returned to highs. Once he has broken important supports that he had before him. Where the natural gas demand for electricity generation it reached 578 GWh, the highest figure in recent years. In what constitutes a return to the uptrend and that it left last summer and that it seems that it has left behind.
The demand for natural gas in Spain is growing by 45% compared to the same month last year, driven by a strong increase in demand for electricity generation. This highlights the coordination of the electricity and gas systems to guarantee supply, in a context of energy transition, and the important role that natural gas plays as a backup for renewable energies in times of record demand. At a very favorable time for this trend.