There are currently some stocks that are overbought. This in practice means something as simple as going through a few moments in which the purchasing power is so great that the price shoots up to fall again. not finding future buyers. And that they have become evident after the announcements of the business results for the second quarter of this year and that it has not sat anything well with the valuation of the shares by financial market analysts. To the point that they have been punished within the selective index of Spanish equities.
On the other hand, it cannot be forgotten that eurostoxx 50 whose first support zone is 3.600 points and, as a target, 3.700 points. In a situation in which some of its securities are overbought and therefore at risk of losing part of their valuation on the stock market. They are bets on investment that are not very desirable to make decisions from now on. And as a consequence of these actions, we must identify which are these values that have grown a lot in recent months or even years. In a context that is too complex to carry out an investment portfolio that is very tight in its objectives.
While on the other hand, it is very important to assess that it is true that after the euphoria or initial panic, it is normal for the value to find a drop to find floors to lean on. In what is one of the most frequent movements in what is overbought. That is, levels from which positions can be undone to return later with tighter and more competitive prices that can generate greater potential for revaluation. From any kind of investment positions and strategies and with a single purpose that is none other than to make profitable savings with greater guarantees of success in operations.
Overbought securities: Iberdrola
If at the moment there is a value that is immersed in this trend, that is none other than this electric company. It has happened in a very short space of time from 6 to 9 euros per share and with a revaluation of around 32%. Where it may be time to take profits and go to other securities or even other financial assets. Not surprisingly, it is already showing the first signs of weakness that can lead in the first instance to levels of 8,50 euros. From where it could go to more modest levels and in reaction to the rises experienced in the last 18 euros.
On the other hand, it should also be noted that Iberdrola is very clearly overbought and must adjust to the supply and demand for its shares. This factor can lead to the beginning of important corrections that can take you much lower from the current positions in the configuration of your prices. As is the fact that selling pressure has begun to build and that it can be used to buy stocks at cheaper prices. From any type of investment strategy and that can motivate investors to be out of the positions of this electric company.
More Mobile has grown a lot
Teleco is the value of the Ibex 35 that has appreciated the most since the beginning of the year. It brings an interest in the operations that are about 40%, a very little percentage available to companies listed in the selective index of Spanish equities. This is one of the reasons that makes it much more vulnerable to possible price corrections, at least from 50% on the increases of recent months. Because unfortunately, it might be a bit late to get into their positions from now on. Despite the fact that it has led the increases in the values that make up the Ibex 35.
Nor can it be ruled out that the buying pressure on the seller continues, although with a potential for revaluation with more limitations than before. From this scenario, it is not ruled out that a quick upward pull which then leads to a significant cut in their prices. Beyond the interest that this telephone company may arouse among small and medium investors. Where one of the keys will be that it can overcome some very important resistances that the value has in front of and that will be the point of incidence so that its actions can be directed in one direction or another in the coming months.
Siemens with the usual doubts
Within this select group, investors cannot forget this value, although it has lost some strength in recent trading sessions. In any case, the Bankinter analysis department shows that the listed company has a high visibility in sales, with a coverage level of 90% over the target mid-range for the year, but qualifies the year as "transition" in terms of profitability. To verify that commercial tensions are one of the aspects that partially explain the increase in costs in the supply chain. In spite of everything, it is more a hold than a buy, although it cannot be forgotten that it is one of the most volatile values in the selective index of Spanish equities.
In any case, it is one of the most complicated proposals in the national income markets to operate. This fact is due to the fact that on many occasions volatility is really extreme with a very notable divergence between its maximum and minimum prices. And to the point of reaching levels above 5% or even higher ratios. That is to say, very positive for trading operations, but not for setting up a more or less stable savings exchange for the medium and long term. Where you can earn a lot of money through these movements, but for the same reasons, leave a lot of euros behind.
Ferrovial objective of the construction companies
Among the listed companies in the construction sector, this is the one that maintains a more pronounced upward trend, especially in recent months. With a buying pressure that is at the head of the representatives of the Ibex 35. In this sense, an investment strategy that can be used from now on is take advantage of fixes to take positions in the value, even from very aggressive approaches. Because its potential for revaluation is one of the most suggestive presented by the Ibex 35 and in any case above those offered by companies in the sector.
Another of the most relevant aspects of this investment proposal in Spanish equities is that it has appreciated under two digits since the beginning of the year. With a profitability per share that is very prominent by the main analysts of the financial markets. Due to the fact that it presents very diversified lines, both in its models and in the geographical areas where they have signed work contracts. It is, in short, an option that does not offer excessive risks for the coming months, especially if it is accompanied by a positive trend in the equity markets. Without ruling out that it may reach even higher quotas from now on.
Acerinox in the short term
Somewhat special is the position of the Spanish steelmaker since, although its underlying trend is not particularly positive, it is in the short term. With a potential in raising its prices that can be very interesting for the expectations of small and medium investors. With the general idea that in a few weeks it can approach at levels of 11 euros per share which is where it has its strongest resistance. In any case, this is not a value to have it for a long time, but on the contrary it is for specific operations and that are very well controlled in the face of what may happen in the equity markets.
In addition, it cannot be forgotten that this year it has raised its dividend yield by almost half a percentage point. This means in practice that you can obtain a fixed and guaranteed liquidity every year and whatever happens in the financial markets. Although without reaching the level of electricity companies that offer an interest rate for this concept very close to 7%. Where it is a way of approaching investments in this company from a much more conservative or defensive approach than in the rest of the Ibex 35 values. In one of the most cyclical sectors of all, that is, they are based on the expectations that are they are creating in the international economy. And for this reason they are more volatile than the rest, especially in the most unfavorable moments for this class of very special financial assets. And that is one of the objectives in the investment.