BANCO BILBAO VIZCAYA-SP ADR (BBVA) Technical Analysis
NYSE:BBVA • US05946K1016
Taking everything into account, BBVA scores 4 out of 10 in our technical rating. Although BBVA is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- In the last month BBVA has a been trading in the 20.50 - 24.69 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 comparing the yearly performance of all stocks, we notice that BBVA is one of the better performing stocks in the market, outperforming 84% of all stocks. On top of that, BBVA also shows a nice and consistent pattern of rising prices.
- BBVA is part of the Banks industry. There are 381 other stocks in this industry. BBVA outperforms 89% of them.
- BBVA has an average volume of 2067030 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- BBVA is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BBVA is lagging the market slightly.
BBVA 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.
More info and screens
20.67
We found 1 important support area.
- A support zone ranging from 20.88 to 21.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 22.58 to 23.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 23.51 to 23.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 BBVA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BBVA is down. |
| ChartMill Relative Strength | 84.77 | POSITIVE | BBVA has a high relative strength, it outperformed 84.77% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BBVA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BBVA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BBVA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 36.49 | NEUTRAL | The RSI value for BBVA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.25 | NEGATIVE | The MACD value suggests BBVA has a negative trend. |
| Stochastics (14,3) | 32.47 | NEUTRAL | The Stochastics value for BBVA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.37 | MEDIUM VOLATILITY | The ATR as a percentage value for BBVA suggests some volalility. |
| Average Directional Index/ADX (14) | 24.66 | NEUTRAL | The ADX value for BBVA suggests a possible start of a new trend. |
BBVA Technicals: Chart, Performance Metrics, Trend & Indicators
21.32
-0.21 (-0.98%)
BANCO BILBAO VIZCAYA-SP ADR / BBVA FAQ
Can you provide the ChartMill technical rating for BANCO BILBAO VIZCAYA-SP ADR?
ChartMill assigns a technical rating of 4 / 10 to BBVA.
What is the current trend direction of BANCO BILBAO VIZCAYA-SP ADR (BBVA) stock?
The current trend direction for BANCO BILBAO VIZCAYA-SP ADR (BBVA) is Bearish.
Can you provide the RSI signal for BANCO BILBAO VIZCAYA-SP ADR?
BANCO BILBAO VIZCAYA-SP ADR (BBVA) has an RSI value of 36.4903. This indicates that the stock is currently neutral.
What is the MACD signal for BANCO BILBAO VIZCAYA-SP ADR (BBVA) stock?
The MACD indicator for BANCO BILBAO VIZCAYA-SP ADR (BBVA) has a value of -0.245663, indicating a bearish trend.
What is the short term momentum for BBVA stock?
The short term momentum for BANCO BILBAO VIZCAYA-SP ADR (BBVA) is negative.