BBVA ARGENTINA SA-ADR (BBAR)

US0589341009 - ADR

18.3  +1.42 (+8.41%)

After market: 18.3 0 (0%)

Technical Rating and Analysis

10

We assign a technical rating of 10 out of 10 to BBAR. Both in the recent history as in the last year, BBAR has proven to be a steady performer, scoring decent points in every aspect analyzed.

The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
Looking at the yearly performance, BBAR did better than 98% of all other stocks. We also observe that the gains produced by BBAR over the past year are nicely spread over this period.
BBAR is one of the better performing stocks in the Banks industry, it outperforms 99% of 406 stocks in the same industry.
BBAR is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so BBAR is performing more or less in line with the market.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
In the last month BBAR has a been trading in the 15.95 - 19.98 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
BBAR Weekly chart
BBAR Daily chart
Setup Rating and Analysis

6

BBAR has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. We notice that large players showed an interest for BBAR in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

7.95

18.48

When analyzing the support we can see 4 important areas.

  • Support @16.31 from a horizontal line in the daily time frame.
  • Support @14.05 from a trend line in the daily time frame.
  • Support @9.89 from a trend line in the weekly time frame.
  • Support @8.03 from a horizontal line in the daily time frame.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.15
Mansfield6.8
10 Day High19.98
10 Day Low16.06
20 Day High19.98
20 Day Low15.95
52 Week High19.98
52 Week Low4.63
Performance
1 Week6.27%
2 Weeks5.96%
1 Month11.59%
3 Month54.43%
6 Month94.89%
12 Month218.81%
2 Year369.23%
3 Year480.95%
5 Year228.55%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.07
RSI(14)58.61
LBB15.79
UBB19.15
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
19.9916.303.69 (18.46%)5.42%
An entry @19.99. This is a Buy Stop order right above the 10 day high.An exit @16.30. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 3.69 points, which is 18.46%.When investing 5.42% of your capital in this trade, your total portfolio risk will be 1.00%.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
BBAR Daily chart

BBVA ARGENTINA SA-ADR

NYSE:BBAR (12/20/2024, 8:04:00 PM)

After market: 18.3 0 (0%)

18.3

+1.42 (+8.41%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg8.41%
1 Week6.27%
2 Weeks5.96%
1 Month11.59%
3 Month54.43%
6 Month94.89%
12 Month218.81%
2 Year369.23%
3 Year480.95%
5 Year228.55%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.35
ATR(20)%6.7%
ATR Inc42.23%
Range Today2.03
ADR(20)1.2
ADR(20)%6.56%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.15
Mansfield6.8
10 Day High19.98
10 Day Low16.06
20 Day High19.98
20 Day Low15.95
52 Week High19.98
52 Week Low4.63
CS1 End16.31
CR1 StartN/A
Volume & EV
DER(3)4.93%
DER(5)3.13%
Volume1.25M
Volume Incr74.2%
Vol(5)1.27M
Vol(50)797.98K