From a technical point of view, Caixabank shares remain stuck in trading range since June 2020. A key support base has formed at 1.89E. The daily Relative Strength Index (RSI, 14) has broken above a declining trend line and is not overbought. It reinforces the probability of an upward breakout of the range. A push above 2.12E would validate a bullish signal and would open a path to see 2.20E and 2.33E. Only a break below 1.89E would negate the bullish view.
Source: GAIN Capital, TradingView