BANCO BILBAO VIZCAYA-SP ADR (BBVA) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:BBVA - US05946K1016 - ADR
We assign a technical rating of 10 out of 10 to BBVA. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, BBVA is showing a nice and steady performance.
Although BBVA has an excellent technical rating, it does not present a decent entry opportunity 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.
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17.78
We found 2 important support areas.
- A support zone ranging from 19.72 to 20.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 17.96 to 18.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 21.56 to 21.83. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for BBVA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BBVA is up. |
| ChartMill Relative Strength | 95.61 | POSITIVE | BBVA has a high relative strength, it outperformed 95.61% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BBVA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BBVA is above the rising 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) | 63.47 | NEUTRAL | The RSI value for BBVA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests BBVA has a positive trend. |
| Stochastics (14,3) | 65.13 | NEUTRAL | The Stochastics value for BBVA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.03 | MEDIUM VOLATILITY | The ATR as a percentage value for BBVA suggests some volalility. |
| Average Directional Index/ADX (14) | 24.72 | NEUTRAL | The ADX value for BBVA suggests a possible start of a new trend. |
21.55
+0.05 (+0.23%)
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 10 / 10 to BBVA.
What is the trend direction for BBVA stock?
The current trend direction for BANCO BILBAO VIZCAYA-SP ADR (BBVA) is Bullish.
Can you provide the RSI signal for BANCO BILBAO VIZCAYA-SP ADR?
BANCO BILBAO VIZCAYA-SP ADR (BBVA) has an RSI value of 63.4662. This indicates that the stock is currently neutral.
What is the MACD signal for BBVA stock?
The MACD indicator for BANCO BILBAO VIZCAYA-SP ADR (BBVA) has a value of 0.0034908, indicating a bearish trend.
Can you provide the short term momentum for BANCO BILBAO VIZCAYA-SP ADR?
The short term momentum for BANCO BILBAO VIZCAYA-SP ADR (BBVA) is positive.