BBVA

- EUR (-)

- 15 min delayed data - Spain Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	BBVA
ISIN:	ES0113211835

BBVA - 1H - Technical analysis published on 03/25/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

56%

11%

33%

My opinion

Bullish above 10.550 EUR

My targets

11.102 EUR (+2.04%)

11.303 EUR (+3.89%)

My analysis

The bullish trend is currently very strong on BBVA. As long as the price remains above the support at 10.550 EUR, you could try to benefit from the boom. The first bullish objective is located at 11.102 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 11.303 EUR as an objective. Crossing it would then enable buyers to target 11.662 EUR. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

7.5

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.

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Additional analysis

Quotes

The BBVA price is 10.880 EUR. On the day, this instrument lost -0.18% with the lowest point at 10.810 EUR and the highest point at 10.990 EUR. The deviation from the price is +0.65% for the low point and -1.00% for the high point.

10.810

10.990

10.880

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

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 study of the highest / lowest by the Central Records scanner shows the following results:

New HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in 1H of this BBVA chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

The probability of a further increase are moderate given the direction of the technical indicators.
The Central Indicators scanner found no further results concerning independent technical indicators.

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Near resistance of channel

Type : Bearish

Timeframe : 1 hour

Near horizontal support

Type : Bullish

Timeframe : 1 hour

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price
ProTrendLines	9.518	10.165	10.550	10.880
Change (%)	-12.52%	-6.57%	-3.03%	-
Change	-1.362	-0.715	-0.330	-
Level	Intermediate	Minor	Intermediate	-

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	10.640	10.710	10.805	10.875	10.970	11.040	11.135
Camarilla	10.855	10.870	10.885	10.900	10.915	10.930	10.945
Woodie	10.653	10.716	10.818	10.881	10.983	11.046	11.148
Fibonacci	10.710	10.773	10.812	10.875	10.938	10.977	11.040

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	9.982	10.183	10.542	10.743	11.102	11.303	11.662
Camarilla	10.746	10.797	10.849	10.900	10.951	11.003	11.054
Woodie	10.060	10.223	10.620	10.783	11.180	11.343	11.740
Fibonacci	10.183	10.397	10.529	10.743	10.957	11.089	11.303

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	7.803	8.213	8.699	9.109	9.595	10.005	10.491
Camarilla	8.940	9.022	9.104	9.186	9.268	9.350	9.432
Woodie	7.842	8.232	8.738	9.128	9.634	10.024	10.530
Fibonacci	8.213	8.555	8.766	9.109	9.451	9.662	10.005

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):	66.93
MACD (12,26,9):	0.0900
Directional Movement:	3.609
AROON (14):	71.428
DEMA (21):	10.971
Parabolic SAR (0,02-0,02-0,2):	10.814
Elder Ray (13):	0.033
Super Trend (3,10):	10.773
Zig ZAG (10):	10.915
VORTEX (21):	1.2250
Stochastique (14,3,5):	70.76
TEMA (21):	10.974
Williams %R (14):	-35.71
Chande Momentum Oscillator (20):	0.040
Repulse (5,40,3):	-0.0380
ROCnROLL:	1
TRIX (15,9):	0.1380
Courbe Coppock:	2.17

MA7:	10.634
MA20:	10.030
MA50:	9.267
MA100:	8.779
MAexp7:	10.915
MAexp20:	10.846
MAexp50:	10.665
MAexp100:	10.413
Price / MA7:	+2.31%
Price / MA20:	+8.47%
Price / MA50:	+17.41%
Price / MA100:	+23.93%
Price / MAexp7:	-0.32%
Price / MAexp20:	+0.31%
Price / MAexp50:	+2.02%
Price / MAexp100:	+4.48%

Quotes : - 15 min delayed data - Spain Stocks

News

The latest news and videos published on BBVA at the time of the analysis were as follows:

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

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Londinia AI

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