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 05/06/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

28%

39%

33%

My opinion

Bearish under 9.962 EUR

My targets

9.728 EUR (-0.82%)

9.302 EUR (-5.16%)

My analysis

All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on BBVA as long as the price remains well below 9.962 EUR. The sellers' bearish objective is set at 9.728 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 9.302 EUR. In case of crossing, the next objective would be the support located at 8.860 EUR. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.

Force

6.4

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.

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

Additional analysis

Quotes

The BBVA rating is 9.808 EUR. On the day, this instrument lost -0.43% and was between 9.728 EUR and 9.890 EUR. This implies that the price is at +0.82% from its lowest and at -0.83% from its highest.

9.728

9.890

9.808

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

Bullish opening

Type : Bullish

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:

New LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of BBVA in 1H shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 5 are bullish, 6 are neutral and 7 are bearish. 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 this result:

Near resistance of channel

Type : Bearish

Timeframe : 1 hour

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	8.388	8.860	9.728	9.808	9.962	10.412	10.715
Change (%)	-14.48%	-9.67%	-0.82%	-	+1.57%	+6.16%	+9.25%
Change	-1.420	-0.948	-0.080	-	+0.154	+0.604	+0.907
Level	Major	Minor	Intermediate	-	Intermediate	Minor	Minor

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	9.495	9.611	9.731	9.847	9.967	10.083	10.203
Camarilla	9.785	9.807	9.828	9.850	9.872	9.893	9.915
Woodie	9.496	9.612	9.732	9.848	9.968	10.084	10.204
Fibonacci	9.611	9.702	9.757	9.847	9.938	9.993	10.083

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	7.780	8.754	9.302	10.276	10.824	11.798	12.346
Camarilla	9.432	9.571	9.711	9.850	9.990	10.129	10.269
Woodie	7.567	8.648	9.089	10.170	10.611	11.692	12.133
Fibonacci	8.754	9.335	9.695	10.276	10.857	11.217	11.798

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	8.293	9.100	9.637	10.444	10.981	11.788	12.325
Camarilla	9.805	9.929	10.052	10.175	10.298	10.421	10.545
Woodie	8.159	9.033	9.503	10.377	10.847	11.721	12.191
Fibonacci	9.100	9.613	9.930	10.444	10.957	11.274	11.788

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):	40.30
MACD (12,26,9):	-0.1190
Directional Movement:	-10.980
AROON (14):	35.714
DEMA (21):	9.707
Parabolic SAR (0,02-0,02-0,2):	9.925
Elder Ray (13):	-0.009
Super Trend (3,10):	10.063
Zig ZAG (10):	9.818
VORTEX (21):	0.9760
Stochastique (14,3,5):	31.64
TEMA (21):	9.730
Williams %R (14):	-62.71
Chande Momentum Oscillator (20):	-0.060
Repulse (5,40,3):	-0.0510
ROCnROLL:	2
TRIX (15,9):	-0.2220
Courbe Coppock:	0.50

MA7:	10.287
MA20:	10.318
MA50:	10.026
MA100:	9.125
MAexp7:	9.804
MAexp20:	9.884
MAexp50:	10.116
MAexp100:	10.258
Price / MA7:	-4.66%
Price / MA20:	-4.94%
Price / MA50:	-2.17%
Price / MA100:	+7.48%
Price / MAexp7:	+0.04%
Price / MAexp20:	-0.77%
Price / MAexp50:	-3.04%
Price / MAexp100:	-4.39%

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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