BBVA

- EUR (-)

- 15 min delayed data - Spain Stocks

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	BBVA
ISIN:	ES0113211835

BBVA - Daily - Technical analysis published on 06/07/2024 (GMT)

Timeframe : Daily
- Analysis generated on
Status : NEUTRAL

Summary of the analysis

Trends

Short term: Bearish

Underlying: Neutral

Technical indicators

39%

33%

28%

My opinion

Neutral between 9.600 EUR and 9.956 EUR

My targets

My analysis

The basic trend is neutral and the short term is tentatively bearish. With such a pattern, it is difficult to favour buying or selling. The first support is located at 9.600 EUR. The first resistance is located at 9.956 EUR. However, the probabilities of moving towards the first support before the first resistance are slightly higher. Without a basic trend, it is important to monitor the price response at these levels. A bearish break in the support or a bullish break in the resistance could provide a signal that would set the new direction of the basic trend. On the other hand, if the price is blocked by support or resistance, it could be attractive to trade against the trend on the last short-term movement recorded by BBVA.

In the very short term, the neutral opinion of this analysis is confirmed by technical indicators which are also neutral.

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 9.780 EUR. On the day, this instrument lost -0.18% and was traded between 9.700 EUR and 9.836 EUR over the period. The price is currently at +0.82% from its lowest and -0.57% from its highest.

9.700

9.836

9.780

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by BBVA:

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

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of BBVA indicates that the overall trend is not clearly defined. This indecision could turn into a bearish trend due to the slightly bearish signals currently given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Bullish trend reversal : Moving Average 20

Type : Bullish

Timeframe : Daily

In fact, of the 18 technical indicators analysed by Central Analyzer, 7 are bullish, 5 are neutral and 6 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	7.713	8.388	9.600	9.780	9.956	10.290	10.985
Change (%)	-21.13%	-14.23%	-1.84%	-	+1.80%	+5.21%	+12.32%
Change	-2.067	-1.392	-0.180	-	+0.176	+0.510	+1.205
Level	Major	Intermediate	Major	-	Major	Intermediate	Major

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	9.305	9.403	9.601	9.699	9.897	9.995	10.193
Camarilla	9.717	9.744	9.771	9.798	9.825	9.852	9.879
Woodie	9.354	9.428	9.650	9.724	9.946	10.020	10.242
Fibonacci	9.403	9.516	9.586	9.699	9.812	9.882	9.995

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	9.460	9.600	9.770	9.910	10.080	10.220	10.390
Camarilla	9.855	9.883	9.912	9.940	9.968	9.997	10.025
Woodie	9.475	9.608	9.785	9.918	10.095	10.228	10.405
Fibonacci	9.600	9.718	9.792	9.910	10.028	10.102	10.220

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	8.727	9.163	9.552	9.988	10.377	10.813	11.202
Camarilla	9.713	9.789	9.864	9.940	10.016	10.091	10.167
Woodie	8.703	9.151	9.528	9.976	10.353	10.801	11.178
Fibonacci	9.163	9.479	9.673	9.988	10.304	10.498	10.813

Numerical data

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

Technical indicators

Moving averages

RSI (14):	46.36
MACD (12,26,9):	-0.1060
Directional Movement:	-6.074
AROON (14):	-57.142
DEMA (21):	9.737
Parabolic SAR (0,02-0,02-0,2):	10.109
Elder Ray (13):	-0.042
Super Trend (3,10):	10.199
Zig ZAG (10):	9.770
VORTEX (21):	1.0100
Stochastique (14,3,5):	47.97
TEMA (21):	9.656
Williams %R (14):	-44.37
Chande Momentum Oscillator (20):	-0.236
Repulse (5,40,3):	1.6620
ROCnROLL:	2
TRIX (15,9):	-0.1440
Courbe Coppock:	4.49

MA7:	9.751
MA20:	9.884
MA50:	10.154
MA100:	9.572
MAexp7:	9.752
MAexp20:	9.870
MAexp50:	9.901
MAexp100:	9.539
Price / MA7:	+0.30%
Price / MA20:	-1.05%
Price / MA50:	-3.68%
Price / MA100:	+2.17%
Price / MAexp7:	+0.29%
Price / MAexp20:	-0.91%
Price / MAexp50:	-1.22%
Price / MAexp100:	+2.53%

Quotes : - 15 min delayed data - Spain Stocks

News

The last news published on BBVA at the time of the generation of this analysis was as follows:

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

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