USA - NYSE:BBAR - US0589341009 - ADR
Taking everything into account, BBAR scores 6 out of 10 in our technical rating. BBAR has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
BBAR has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
8.34
We found 1 important support area.
We can see 2 important resistance areas.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for BBAR is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BBAR is up. |
| ChartMill Relative Strength | 72.29 | POSITIVE | BBAR has a high relative strength, it outperformed 72.29% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BBAR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BBAR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of BBAR is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 80.52 | OVERBOUGHT | The high RSI value suggests BBAR may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.85 | POSITIVE | The MACD value suggests BBAR has a positive trend. |
| Stochastics (14,3) | 92.58 | OVERBOUGHT | The high Stochastics value suggests BBAR may be overbought. |
| Average True Range in percent/ATR (20) | 6.45 | HIGH VOLATILITY | The high ATR as a percentage value for BBAR suggests high volalility. |
| Average Directional Index/ADX (14) | 32.8 | POSITIVE | The high ADX value value for BBAR suggests a strong trend. |
16.57
+1.4 (+9.23%)
ChartMill assigns a technical rating of 6 / 10 to BBAR.
The current trend direction for BBVA ARGENTINA SA-ADR (BBAR) is Bearish.
BBVA ARGENTINA SA-ADR (BBAR) has an RSI value of 80.5211. This indicates that the stock is currently overbought.
The MACD indicator for BBVA ARGENTINA SA-ADR (BBAR) has a value of 0.849288, indicating a bearish trend.
The short term momentum for BBVA ARGENTINA SA-ADR (BBAR) is positive.