Dangerous supports for the values ​​of the Spanish stock market

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One of the strategies to achieve your objective in investments in the income markets is undoubtedly to monitor the supports they have in their technical analysis. Because if they are violated, you will have no choice but to close the positions in the stock market and dedicate yourself to assessing another option in the investment sector. Among other reasons, because you can leave a lot of euros on the way by not finding other supports of special relevance in the conformation of their prices. In addition, it is a system that will not cost you much effort to carry it out from now on.

In this sense, there are a series of values ​​that you must value their supports because if they are exceeded, you will have no other solution than close operations immediately. So that things do not get worse from that moment so dangerous for your interests as a small and medium investor. Where, surely there is more you have to lose than to gain and this scenario you have to avoid at all if you do not want any other surprise in your investment portfolio.

While on the other hand, some of the supports of these values ​​are very close to their current prices and therefore the danger is greater. While in other situations it is the opposite, that is to say, far from the quoted prices and in this way the margins of maneuver are significantly greater than in the others. We are going to offer you from now on a series of values ​​where you must take into account the support where you must abandon the positions to prevent more money leakage in operations carried out in the equity markets.

Supports: 4 euros at Santander

The barrier that is present in the 4 euros the action is the determinant to go from an uptrend to a bearish one. Both in regard to short and long term. Not surprisingly, it is a very relevant level so that the short positions clearly prevail over the buyers. If Banco Santander shares reached these levels, there is no doubt that positions would have to be abandoned particularly quickly. Because your prices could go lower in your pricing settings.

Therefore, this price level must be in any investment strategy so that you do not have any kind of surprises from now on. Since you could miss many by the way if you are not aware of what is happening with the evolution of Banco Santander shares. That is, it is the level that you have to watch from now on to protect your interests in the investment sector. So that you can develop a good evolution in your investment portfolio.

Endesa at 19 euros

Endesa

The electric company is in the best of situations in the equity markets. Precisely because it is in a free rise where it no longer has resistance ahead and therefore can meet new objectives in its price. At the moment there is no danger in taking positions in this value, as long as it is listed above 19 euros per share. This is the level that you will have to respect to continue the current uptrend. If for any reason this price level falls, there will be no choice but to abandon positions particularly quickly.

Below 19 euros there would be long downward journey. At least to test the 16 euros and what would mean a very notable downside potential. On the other hand, it should be noted that Endesa is a security that is highly conditioned by the high dividend paid to shareholders. With a profitability close to 7% levels through a fixed and guaranteed payment every year. This is an aspect that can affect the price from now on. In particular, before a possible depreciation of their prices.

The Sabadell in the euro unit

It is precisely the euro unit that is going to determine the ballista or upward trend of the value. At the moment, its price is very close to these levels and therefore it will be necessary to be very attentive to what may happen in the next trading sessions. In this sense, it is not very clear what could happen and in a certain way it can cause a lot of volatility in the configuration of your prices. Therefore, caution will be the common denominator in your actions in the equity markets. Not surprisingly, below the euro unit it can have a very relevant downward trend and that in all cases you should avoid above other considerations.

While on the other hand, it is not possible that one of your great objectives is to focus on the values ​​that are only found in Uptrend and bet on them. They are the minority but surely some that have these characteristics can be detected to go against the market sentiment. There is no doubt that this bank value is not yet in this situation, but at any moment the situation can change substantially. Because at the end of the day we are talking about equity markets that can change their trend at any time. Although for this, it will have to price above 1,65 euros per share and there is still a long way to go before this favorable scenario occurs for one of the benchmarks in the banking sector.

ACS at 33 euros

acs

The construction company is still in a very comfortable position to continue in an uptrend for many months. Because its reference support is far from its current prices. Specifically, they are in levels of 33 or 34 euros per share, with which the mattress that you have in front of you is very remarkable if you want to be positioned in one of the best values ​​of this and the previous year. With a clear upward development that has led it to trade at levels slightly above 40 euros per share. The risk, therefore, is lower than in other proposals currently offered by the equity markets, both national and outside our borders.

ACS Group sales in the first quarter of 2019 reached 9.263 million euros, which represents an increase of 6,8% and 4,0% adjusted for changes in the exchange rate. The North American, Australian and Spanish markets continue to show solid growth. While on the other hand, it must be emphasized that the geographical distribution of sales shows the broad diversification of the group, where North America represents 45% of sales, Europe 22%, Australia 19%, Asia 6% , South America 7% and Africa the remaining 1%. Sales in Spain account for 17% of the total.

Ferrovial still has margin

ferrovial

One of the large national construction companies that is listed on the selective index of Spanish equities, the Ibex 35 still has its levels far from the main support. Because in effect, it is around 18,50 euros per share, with a margin that must be classified as acceptable at the moment. Although for keep an eye on the value in the coming months in case you approach these levels in the pricing settings. In which case, the only alternative would be to exit the positions due to the risk of further falls in the equity markets. And that would also be the dividing line between the uptrend and the downward trend. Which will undoubtedly imply a very substantial trend change.

Ferrovial, a global infrastructure and mobility operator, achieved a net result of -2019 million euros in the first quarter of 98, compared to -161 million euros the previous year, due to the impact of the provision of 345 million euros to cover the possible losses of some construction contracts in the United States. The net profit would amount to 114 million euros, discounting this effect. The RBE stands at -230 million euros, which, eliminating this provision, would rise to 115 million euros. It has also been influenced by the change in perimeter as the services division is classified as “held for sale.

All these examples show the relevance that the possible arrival of these media will acquire in the coming months in its technical analysis. Beyond other considerations of a technical nature and perhaps also from the point of view of its fundamentals. To achieve that meet your goals And that is that you can avoid situations that are very unwanted for your interests in the investment sector, which is, after all, what is involved with this kind of investment strategies so special and effective at the same time. The RBE stands at -230 million euros, which, eliminating this provision, would rise to 115 million euros. It has also been influenced by the change in perimeter as the services division is classified as “held for sale.


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