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 04/26/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

78%

17%

My opinion

Bullish above 10.668 EUR

My targets

10.962 EUR (+1.03%)

My analysis

BBVA is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 10.668 EUR. The next resistance located at 10.962 EUR is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

8.4

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

BBVA rating 10.850 EUR. On the day, this instrument gained +3.28% with the lowest point at 10.530 EUR and the highest point at 10.865 EUR. The deviation from the price is +3.04% for the low point and -0.14% for the high point.

10.530

10.865

10.850

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

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

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a 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. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : 1 hour

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly

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

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour

Resistance of channel is broken

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	10.595	10.668	10.837	10.850
Change (%)	-2.35%	-1.68%	-0.12%	-
Change	-0.255	-0.182	-0.013	-
Level	Minor	Intermediate	Major	-

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	10.118	10.262	10.383	10.527	10.648	10.792	10.913
Camarilla	10.432	10.456	10.481	10.505	10.529	10.554	10.578
Woodie	10.108	10.256	10.373	10.521	10.638	10.786	10.903
Fibonacci	10.262	10.363	10.425	10.527	10.628	10.690	10.792

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	9.420	9.663	9.934	10.177	10.448	10.691	10.962
Camarilla	10.064	10.111	10.158	10.205	10.252	10.299	10.346
Woodie	9.434	9.670	9.948	10.184	10.462	10.698	10.976
Fibonacci	9.663	9.859	9.981	10.177	10.373	10.495	10.691

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	7.521	8.185	9.417	10.081	11.313	11.977	13.209
Camarilla	10.128	10.301	10.475	10.649	10.823	10.997	11.170
Woodie	7.805	8.327	9.701	10.223	11.597	12.119	13.493
Fibonacci	8.185	8.909	9.357	10.081	10.805	11.253	11.977

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	69.07
MACD (12,26,9):	0.0620
Directional Movement:	18.016
AROON (14):	42.857
DEMA (21):	10.701
Parabolic SAR (0,02-0,02-0,2):	10.447
Elder Ray (13):	0.177
Super Trend (3,10):	10.583
Zig ZAG (10):	10.850
VORTEX (21):	1.0860
Stochastique (14,3,5):	94.78
TEMA (21):	10.710
Williams %R (14):	-3.26
Chande Momentum Oscillator (20):	0.220
Repulse (5,40,3):	1.7580
ROCnROLL:	1
TRIX (15,9):	0.0540
Courbe Coppock:	2.24

MA7:	10.517
MA20:	10.452
MA50:	9.890
MA100:	9.032
MAexp7:	10.708
MAexp20:	10.623
MAexp50:	10.519
MAexp100:	10.439
Price / MA7:	+3.17%
Price / MA20:	+3.81%
Price / MA50:	+9.71%
Price / MA100:	+20.13%
Price / MAexp7:	+1.33%
Price / MAexp20:	+2.14%
Price / MAexp50:	+3.15%
Price / MAexp100:	+3.94%

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.

About author

Londinia AI

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