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 06/27/2024 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
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Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Bearish

Technical indicators

22%

44%

33%

My opinion

Bearish under 9.600 EUR

My targets

9.020 EUR (-2.42%)

8.388 EUR (-9.26%)

My analysis

In the short term, we can see an acceleration in the bearish trend on BBVA, which is a positive signal for sellers. As long as the price remains above 9.600 EUR, a sale could be considered. The first bearish objective is located at 9.020 EUR. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 8.388 EUR as an objective. Crossing it would then enable sellers to target 7.713 EUR. If the price were to return above 9.600 EUR, it would probably only trigger a small rebound in the short term to give a better base for restarting. Trading this rebound may be risky.

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

Force

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 9.244 EUR. The price has increased by +0.48% since the last closing with the lowest point at 9.150 EUR and the highest point at 9.284 EUR. The deviation from the price is +1.03% for the low point and -0.43% for the high point.

9.150

9.284

9.244

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

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in Daily of this BBVA chart shows a bearish trend. The signals given by moving averages are 75.00% bearish. This bearish trend is reinforced by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

On the 18 technical indicators analysed, 4 are bullish, 6 are neutral and 8 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Price is back over the pivot point

Type : Bullish

Timeframe : Daily

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

For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:

Bullish harami

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	7.713	8.388	9.020	9.244	9.600	9.956	10.290
Change (%)	-16.56%	-9.26%	-2.42%	-	+3.85%	+7.70%	+11.32%
Change	-1.531	-0.856	-0.224	-	+0.356	+0.712	+1.046
Level	Major	Intermediate	Major	-	Intermediate	Major	Minor

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	8.833	8.971	9.085	9.223	9.337	9.475	9.589
Camarilla	9.131	9.154	9.177	9.200	9.223	9.246	9.269
Woodie	8.822	8.965	9.074	9.217	9.326	9.469	9.578
Fibonacci	8.971	9.067	9.126	9.223	9.319	9.378	9.475

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	8.553	8.755	8.973	9.175	9.393	9.595	9.813
Camarilla	9.075	9.113	9.152	9.190	9.229	9.267	9.306
Woodie	8.560	8.759	8.980	9.179	9.400	9.599	9.820
Fibonacci	8.755	8.916	9.015	9.175	9.336	9.435	9.595

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 the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	42.82
MACD (12,26,9):	-0.1750
Directional Movement:	-14.142
AROON (14):	-35.714
DEMA (21):	9.180
Parabolic SAR (0,02-0,02-0,2):	9.487
Elder Ray (13):	-0.110
Super Trend (3,10):	9.707
Zig ZAG (10):	9.248
VORTEX (21):	0.8680
Stochastique (14,3,5):	39.89
TEMA (21):	9.126
Williams %R (14):	-58.83
Chande Momentum Oscillator (20):	-0.346
Repulse (5,40,3):	-0.5540
ROCnROLL:	2
TRIX (15,9):	-0.2870
Courbe Coppock:	9.23

MA7:	9.271
MA20:	9.423
MA50:	9.839
MA100:	9.746
MAexp7:	9.262
MAexp20:	9.420
MAexp50:	9.637
MAexp100:	9.478
Price / MA7:	-0.29%
Price / MA20:	-1.90%
Price / MA50:	-6.05%
Price / MA100:	-5.15%
Price / MAexp7:	-0.19%
Price / MAexp20:	-1.87%
Price / MAexp50:	-4.08%
Price / MAexp100:	-2.47%

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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