BANCO BILBAO VIZCAYA-SP ADR (BBVA) Stock Technical Analysis
USA - NYSE:BBVA - US05946K1016 - ADR
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.
BBVA has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 19.31, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for BBVA in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
16.67
3 important support areas can be observed.
- A support zone ranging from 18.68 to 19.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 17.68 to 18.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @16.84 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 20.14 to 20.30. 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 | 92.7 | POSITIVE | BBVA has a high relative strength, it outperformed 92.7% 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) | 60.31 | NEUTRAL | The RSI value for BBVA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests BBVA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 84.06 | OVERBOUGHT | The high Stochastics value suggests BBVA may be overbought. |
| Average True Range in percent/ATR (20) | 2.42 | MEDIUM VOLATILITY | The ATR as a percentage value for BBVA suggests some volalility. |
| Average Directional Index/ADX (14) | 21.93 | NEUTRAL | The ADX value for BBVA suggests a possible start of a new trend. |
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 |
|---|---|---|---|
| 20.31 | 19.43 | 0.88 (4.33%) | 23.08% |
| An entry @20.31. This is a Buy Stop order right above the resistance zone. | An exit @19.43. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.88 points, which is 4.33%. | When investing 23.08% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
20.13
+0.2 (+1%)
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 60.3091. 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 0.0723462, 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.