BBVA ARGENTINA SA-ADR (BBAR) Stock Technical Analysis
NYSE:BBAR - US0589341009 - ADR
13.81 USD
-0.33 (-2.33%)
13.75 USD
-0.06 (-0.43%)
Overall BBAR gets a technical rating of 1 out of 10. BBAR has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
BBAR is part of the Banks industry. There are 393 other stocks in this industry, of which 74% are performing better than BBAR.
In the last month BBAR has a been trading in the 13.35 - 17.41 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.
When compared to the yearly performance of all other stocks, BBAR outperforms 44% of them, which is more or less in line with the market.
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.
The technical rating of BBAR is bad and it also does not present a 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
13.67
20.64
4 important resistance areas can be observed.
- A resistance zone ranging from 15.90 to 16.05. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @16.68 from a trend line in the daily time frame.
- Resistance @17.44 from a horizontal line in the daily time frame.
- Resistance @20.44 from a trend line in the weekly 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 | DOWN | NEGATIVE | The long term trend for BBAR is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BBAR is down. |
| ChartMill Relative Strength | 44.53 | NEUTRAL | BBAR is not amongst the best or worst performers 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) | DOWN | NEGATIVE | The current price of BBAR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of BBAR is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 32.01 | NEUTRAL | The RSI value for BBAR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.25 | NEGATIVE | The MACD value suggests BBAR has a negative trend. |
| Stochastics (14,3) | 11.92 | OVERSOLD | The low Stochastics value suggests BBAR may be oversold. |
| Average True Range in percent/ATR (20) | 5.67 | HIGH VOLATILITY | The high ATR as a percentage value for BBAR suggests high volalility. |
| Average Directional Index/ADX (14) | 19.2 | NEGATIVE | The low ADX value for BBAR suggests a weak or negative trend. |
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)
13.81
-0.33 (-2.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-2.33%
1 Week-13.2%
2 Weeks-16.4%
1 Month-13.09%
3 Month-36.21%
6 Month-28.63%
12 Month42.67%
2 Year141.43%
3 Year368.14%
5 Year309.79%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.81
ATR(20)%5.67%
ATR Inc52%
Range Today0.66
ADR(20)0.76
ADR(20)%5.54%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS44.53
Mansfield-2.68
10 Day High17.23
10 Day Low13.35
20 Day High17.41
20 Day Low13.35
52 Week High25.01
52 Week Low9.19
CS1 EndN/A
CR1 Start15.9
Volume & EV
DER(3)-2.67%
DER(5)-1.48%
Volume743.00K
Volume Incr45.61%
Vol(5)775.82K
Vol(50)645.89K