BBVA ARGENTINA SA-ADR (BBAR) Technical Analysis
NYSE:BBAR • US0589341009
Current stock price
16.33 USD
+0.2 (+1.24%)
At close:
16.33 USD
0 (0%)
After Hours:
BBAR Technical Rating and Analysis
We assign a technical rating of 3 out of 10 to BBAR. In the past year, BBAR was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- When comparing the yearly performance of all stocks, BBAR is a bad performer in the overall market: 80% of all stocks are doing better.
- BBAR is part of the Banks industry. There are 380 other stocks in this industry, of which 92% are performing better than BBAR.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- In the last month BBAR has a been trading in the 12.62 - 16.94 range, which is quite wide. It is currently trading near the high of this range.
- BBAR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BBAR is lagging the market.
BBAR Weekly and Daily overview Charts
BBAR Setup Rating and Analysis
BBAR has a poor technical rating and the quality of the setup is also only medium 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.
More info and screens
BBAR Support and Resistance Analysis
8.29
19.84
We found 4 important support areas.
- A support zone ranging from 15.62 to 15.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @14.12 from a trend line in the weekly time frame.
- Support @13.68 from a trend line in the daily time frame.
- Support @8.37 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 16.34 to 16.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @19.64 from a trend line in the weekly time frame.
BBAR Technical Indicator Signal Analysis
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 | 20.09 | NEGATIVE | BBAR has a low relative strength, it was outperformed by 79.91% 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) | DOWN | MIXED | The current price of BBAR is above a declining 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) | 58.29 | NEUTRAL | The RSI value for BBAR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.3 | POSITIVE | The MACD value suggests BBAR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 83.35 | OVERBOUGHT | The high Stochastics value suggests BBAR may be overbought. |
| Average True Range in percent/ATR (20) | 5.52 | HIGH VOLATILITY | The high ATR as a percentage value for BBAR suggests high volalility. |
| Average Directional Index/ADX (14) | 24.52 | NEUTRAL | The ADX value for BBAR suggests a possible start of a new trend. |
BBAR Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
BBAR Technicals: Chart, Performance Metrics, Trend & Indicators
16.33
+0.2 (+1.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg1.24%
1 Week2%
2 Weeks12.39%
1 Month14.52%
3 Month-13.64%
6 Month77.69%
12 Month-8.21%
2 Year70.82%
3 Year281.54%
5 Year523.28%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.9
ATR(20)%5.52%
ATR Inc-22.58%
Range Today0.51
ADR(20)0.86
ADR(20)%5.29%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.09
3 months CRS23.76
6 months CRS96.96
Mansfield-0.24
10 Day High16.94
10 Day Low13.84
20 Day High16.94
20 Day Low12.62
52 Week High23.1
52 Week Low7.76
CS1 End15.82
CR1 Start16.34
Volume & EV
DER(3)-2.75%
DER(5)0.01%
Volume475.30K
Volume Incr-37.96%
Vol(5)499.86K
Vol(50)722.58K
BBVA ARGENTINA SA-ADR / BBAR TA FAQ
Can you provide the ChartMill technical rating for BBVA ARGENTINA SA-ADR?
ChartMill assigns a technical rating of 3 / 10 to BBAR.
Can you provide the trend direction for BBVA ARGENTINA SA-ADR?
The current trend direction for BBVA ARGENTINA SA-ADR (BBAR) is Bearish.
What is the RSI signal for BBAR stock?
BBVA ARGENTINA SA-ADR (BBAR) has an RSI value of 58.2869. This indicates that the stock is currently neutral.
What is the MACD signal for BBAR stock?
The MACD indicator for BBVA ARGENTINA SA-ADR (BBAR) has a value of 0.298915, indicating a bearish trend.