BBVA BANCO FRANCES S A (BFR) Stock Technical Analysis
NYSE:BFR - New York Stock Exchange, Inc. -
Taking everything into account, BFR scores 5 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. BFR was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, BFR is a bad performer in the overall market: 74% of all stocks are doing better.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month BFR has a been trading in the 8.05 - 11.59 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
BFR has an average volume of 1246270 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
BFR 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 BFR is lagging the market slightly.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
BFR 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
9.13
11.46
We found 1 important support area.
- A support zone ranging from 9.22 to 9.26. This zone is formed by a combination of multiple trend lines in the daily time frame.
We found 1 important resistance area.
- Resistance @11.35 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 | NEUTRAL | NEUTRAL | The long term trend for BFR is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BFR is up. |
| ChartMill Relative Strength | 26.7 | NEGATIVE | BFR has a low relative strength, it was outperformed by 73.3% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BFR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BFR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BFR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 69.5 | NEUTRAL | The RSI value for BFR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.23 | POSITIVE | The MACD value suggests BFR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 85.4 | OVERBOUGHT | The high Stochastics value suggests BFR may be overbought. |
| Average True Range in percent/ATR (20) | 4.64 | MEDIUM VOLATILITY | The ATR as a percentage value for BFR suggests some volalility. |
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)
11.06
+0.03 (+0.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.27%
1 Week16.67%
2 Weeks23.44%
1 Month28.6%
3 Month3.66%
6 Month-2.9%
12 Month-24.81%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.53
ATR(20)%4.64%
ATR Inc14.16%
Range Today0.25
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.7
Mansfield-0.47
10 Day High11.59
10 Day Low8.66
20 Day High11.59
20 Day Low8.05
52 Week High16
52 Week Low6.57
CS1 End9.26
CR1 Start11.35
Volume & EV
DER(3)1.76%
DER(5)4.37%
Volume1.29M
Volume Incr52.98%
Vol(5)2.34M
Vol(50)1.25M