BBVA ARGENTINA SA-ADR (BBAR) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:BBAR • US0589341009
Overall BBAR gets a technical rating of 5 out of 10. BBAR was a bad performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term this still looks good.
- 73% of all other stocks performed better in the past year than BBAR.
- BBAR is one of the lesser performing stocks in the Banks industry. 90% of 383 stocks in the same industry do better.
- In the last month BBAR has a been trading in the 16.96 - 21.38 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- 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 has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
16.99
We found 1 important support area.
- A support zone ranging from 17.16 to 17.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 17.18 to 17.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @20.99 from a trend line in the daily time frame.
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 | UP | POSITIVE | The long term trend for BBAR is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BBAR is neutral. |
| ChartMill Relative Strength | 27.99 | NEGATIVE | BBAR has a low relative strength, it was outperformed by 72.01% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BBAR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of BBAR is below 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) | 39.93 | NEUTRAL | The RSI value for BBAR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.2 | NEGATIVE | The MACD value suggests BBAR has a negative trend. |
| Stochastics (14,3) | 37.72 | NEUTRAL | The Stochastics value for BBAR is a neutral value. |
| Average True Range in percent/ATR (20) | 6.34 | HIGH VOLATILITY | The high ATR as a percentage value for BBAR suggests high volalility. |
| Average Directional Index/ADX (14) | 23.26 | NEUTRAL | The ADX value for BBAR suggests a possible start of a new trend. |
17.17
-1.6 (-8.52%)
BBVA ARGENTINA SA-ADR / BBAR FAQ
Can you provide the ChartMill technical rating for BBVA ARGENTINA SA-ADR?
ChartMill assigns a technical rating of 5 / 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 Bullish.
What is the RSI signal for BBVA ARGENTINA SA-ADR (BBAR) stock?
BBVA ARGENTINA SA-ADR (BBAR) has an RSI value of 39.9319. 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 -0.201767, indicating a bearish trend.
Can you provide the short term momentum for BBVA ARGENTINA SA-ADR?
The short term momentum for BBVA ARGENTINA SA-ADR (BBAR) is neutral.