BANCO BILBAO VIZCAYA-SP ADR (BBVA) Stock Technical Analysis
NYSE:BBVA - New York Stock Exchange, Inc. - US05946K1016 - ADR - Currency: USD
Overall BBVA gets a technical rating of 10 out of 10. Both in the recent history as in the last year, BBVA has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that BBVA is one of the better performing stocks in the market, outperforming 89% of all stocks.
BBVA is one of the better performing stocks in the Banks industry, it outperforms 91% of 396 stocks in the same industry.
BBVA is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
BBVA is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
BBVA has an average volume of 2069130 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Besides having an excellent technical rating, BBVA also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 15.12. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 15.07, a Stop Loss order could be placed below this zone.
More info and screens
9.54
15.74
5 important support areas can be observed.
- A support zone ranging from 14.93 to 15.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @13.76 from a trend line in the weekly time frame.
- Support @13.49 from a trend line in the daily time frame.
- Support @10.31 from a trend line in the weekly time frame.
- Support @9.64 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 15.12 to 15.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @15.58 from a horizontal 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 BBVA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BBVA is up. |
| ChartMill Relative Strength | 89.92 | POSITIVE | BBVA has a high relative strength, it outperformed 89.92% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of BBVA is below 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) | 56.22 | NEUTRAL | The RSI value for BBVA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests BBVA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 34.52 | NEUTRAL | The Stochastics value for BBVA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.69 | LOW VOLATILITY | The low ATR as a percentage value for BBVA suggests low volalility. |
| Average Directional Index/ADX (14) | 17.08 | NEGATIVE | The low ADX value for BBVA 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 15.17 | 14.92 | 0.25 (1.65%) | 25.00% |
| An entry @15.17. This is a Buy Stop order right above the resistance zone. | An exit @14.92. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.25 points, which is 1.65%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.41%. |
- The distance between exit and entry is rather small compared to the average daily movement of BBVA. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
15.08
-0.02 (-0.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.13%
1 Week0.53%
2 Weeks-2.2%
1 Month4.14%
3 Month5.16%
6 Month47.99%
12 Month56.43%
2 Year96.35%
3 Year233.63%
5 Year343.53%
10 Year52.79%
15 Year46.55%
Volatility
ATR(14)0.25
ATR(20)%1.69%
ATR Inc-44.59%
Range Today0.17
ADR(20)0.18
ADR(20)%1.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.92
Mansfield2.38
10 Day High15.23
10 Day Low14.82
20 Day High15.66
20 Day Low14.69
52 Week High15.66
52 Week Low9.23
CS1 End15.07
CR1 Start15.12
Volume & EV
DER(3)-4.16%
DER(5)-0.7%
Volume14.24M
Volume Incr190.08%
Vol(5)4.03M
Vol(50)2.07M