BBVA ARGENTINA SA-ADR (BBAR) Stock Technical Analysis
NYSE:BBAR - New York Stock Exchange, Inc. - US0589341009 - ADR - Currency: USD
Overall BBAR gets a technical rating of 7 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
BBAR is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
When comparing the yearly performance of all stocks, we notice that BBAR is one of the better performing stocks in the market, outperforming 97% of all 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 404 stocks in the same industry.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
BBAR is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
BBAR has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 18.76, a Stop Loss order could be placed below this zone.
More info and screens
10.91
19.21
We found 4 important support areas.
- A support zone ranging from 18.54 to 18.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @18.09 from a horizontal line in the daily time frame.
- Support @17.58 from a trend line in the daily time frame.
- Support @11.02 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 18.84 to 19.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.83
Mansfield4
10 Day High20.23
10 Day Low17.52
20 Day High22.55
20 Day Low17.52
52 Week High25.01
52 Week Low6.83
Performance
1 Week0.37%
2 Weeks-2.69%
1 Month-15.82%
3 Month9.03%
6 Month71.18%
12 Month155.5%
2 Year380.36%
3 Year430.42%
5 Year618.7%
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)-0.04
RSI(14)44.1
LBB17.85
UBB20.21
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 19.03 | 18.53 | 0.50 (2.63%) | 25.00% |
| An entry @19.03. This is a Buy Stop order right above the resistance zone. | An exit @18.53. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.50 points, which is 2.63%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.66%. |
- The distance between exit and entry is rather small compared to the average daily movement of BBAR. Please evaluate whether better entry and exit points can be found.
- 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.
18.83
+0.3 (+1.62%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg1.62%
1 Week0.37%
2 Weeks-2.69%
1 Month-15.82%
3 Month9.03%
6 Month71.18%
12 Month155.5%
2 Year380.36%
3 Year430.42%
5 Year618.7%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.26
ATR(20)%6.9%
ATR Inc20.76%
Range Today1.08
ADR(20)1.29
ADR(20)%6.84%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.83
Mansfield4
10 Day High20.23
10 Day Low17.52
20 Day High22.55
20 Day Low17.52
52 Week High25.01
52 Week Low6.83
CS1 End18.76
CR1 Start18.84
Volume & EV
DER(3)-0.16%
DER(5)0.16%
Volume696.50K
Volume Incr-16.19%
Vol(5)626.58K
Vol(50)855.02K