BANCO BILBAO VIZCAYA ARGENTARIA S.A.

- USD (-)

- 15 min delayed data - NYSE Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
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Type:	Stocks
Ticker:	BBVA
ISIN:

BANCO BILBAO VIZCAYA ARGENTARIA S.A. - Daily - Technical analysis published on 05/06/2024 (GMT)

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Timeframe : Daily
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BANCO BILBAO VIZCAYA ARGENTARIA S.A. - Daily

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bullish

Technical indicators

28%

33%

39%

My opinion

Bullish above 10.50 USD

My targets

11.53 USD (+5.78%)

My analysis

We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on BANCO BILBAO VIZCAYA ARGENTARIA S.A.. As long as you are above the support located at 10.50 USD, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 11.53 USD would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. If the support 10.50 USD were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.

In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.

Force

2.3

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

BANCO BILBAO VIZCAYA ARGENTARIA S.A. rating 10.90 USD. On the day, this instrument gained +2.93% with the lowest point at 10.55 USD and the highest point at 10.94 USD. The deviation from the price is +3.32% for the low point and -0.37% for the high point.

10.55

10.94

10.90

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bearish opening

Type : Bearish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner for higher/lower results shows an item:

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

The Central Volumes scanner detects abnormal volumes on the asset:

Abnormal volumes

Timeframe : 5 days

Abnormal volumes

Timeframe : 20 days

Technical

Technical analysis of BANCO BILBAO VIZCAYA ARGENTARIA S.A. in Daily shows an overall bullish trend. 71.43% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. An assessment of moving averages reveals a bullish signal that could impact this trend:

Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : Daily

In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 5 are bullish, 7 are neutral and 6 are bearish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Daily

Ichimoku : price is over the cloud

Type : Bullish

Timeframe : Daily

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Near horizontal support

Type : Bullish

Timeframe : Daily

Near support of channel

Type : Bullish

Timeframe : Daily

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1
ProTrendLines	8.32	9.10	10.50	10.90	11.53
Change (%)	-23.67%	-16.51%	-3.67%	-	+5.78%
Change	-2.58	-1.80	-0.40	-	+0.63
Level	Major	Intermediate	Intermediate	-	Major

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	10.21	10.30	10.45	10.54	10.69	10.78	10.93
Camarilla	10.52	10.55	10.57	10.59	10.61	10.63	10.66
Woodie	10.23	10.32	10.47	10.56	10.71	10.80	10.95
Fibonacci	10.30	10.40	10.45	10.54	10.64	10.69	10.78

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	8.56	9.43	10.01	10.88	11.46	12.33	12.91
Camarilla	10.19	10.32	10.46	10.59	10.72	10.86	10.99
Woodie	8.42	9.36	9.87	10.81	11.32	12.26	12.77
Fibonacci	9.43	9.98	10.33	10.88	11.43	11.78	12.33

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	8.88	9.68	10.20	11.00	11.52	12.32	12.84
Camarilla	10.35	10.47	10.59	10.71	10.83	10.95	11.07
Woodie	8.73	9.61	10.05	10.93	11.37	12.25	12.69
Fibonacci	9.68	10.19	10.50	11.00	11.51	11.82	12.32

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	49.57
MACD (12,26,9):	-0.0300
Directional Movement:	-0.19
AROON (14):	-21.43
DEMA (21):	10.96
Parabolic SAR (0,02-0,02-0,2):	11.62
Elder Ray (13):	-0.18
Super Trend (3,10):	11.52
Zig ZAG (10):	10.90
VORTEX (21):	0.7000
Stochastique (14,3,5):	22.30
TEMA (21):	10.75
Williams %R (14):	-60.26
Chande Momentum Oscillator (20):	-0.06
Repulse (5,40,3):	3.3400
ROCnROLL:	-1
TRIX (15,9):	0.0500
Courbe Coppock:	0.35

MA7:	10.92
MA20:	10.95
MA50:	10.83
MA100:	9.89
MAexp7:	10.82
MAexp20:	10.95
MAexp50:	10.69
MAexp100:	10.07
Price / MA7:	-0.18%
Price / MA20:	-0.46%
Price / MA50:	+0.65%
Price / MA100:	+10.21%
Price / MAexp7:	+0.74%
Price / MAexp20:	-0.46%
Price / MAexp50:	+1.96%
Price / MAexp100:	+8.24%

Quotes : - 15 min delayed data - NYSE Stocks

This member declared not having a position on this financial instrument or a related financial instrument.

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