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BBVA ARGENTINA SA-ADR (BBAR) Stock Technical Analysis

NYSE:BBAR - New York Stock Exchange, Inc. - US0589341009 - ADR - Currency: USD

22.84  +1.46 (+6.83%)

After market: 23.0999 +0.26 (+1.14%)

Technical Rating and Analysis

10

Taking everything into account, BBAR scores 10 out of 10 in our technical rating. 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 and short term trends are both positive. This is looking good!
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 405 stocks in the same industry.
BBAR is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so BBAR is lagging the market slightly.
In the last month BBAR has a been trading in the 18.63 - 25.01 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
BBVA ARGENTINA SA-ADR / BBAR Weekly stock chart
BBVA ARGENTINA SA-ADR / BBAR Daily stock 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 a resistance zone just above the current price starting at 23.42. Right above this resistance zone may be a good entry point. 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

15.70

23.89

4 important support areas can be observed.

  • A support zone ranging from 21.89 to 22.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @21.20 from a horizontal line in the daily time frame.
  • Support @20.04 from a trend line in the daily time frame.
  • Support @15.86 from a trend line in the daily time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 23.42 to 23.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
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
CRS98.36
Mansfield7.74
10 Day High23.9
10 Day Low20.29
20 Day High25.01
20 Day Low18.63
52 Week High25.01
52 Week Low5.01
Performance
1 Week-3.42%
2 Weeks-1.08%
1 Month16.06%
3 Month65.75%
6 Month191.7%
12 Month274.43%
2 Year391.18%
3 Year573.75%
5 Year388.03%
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)-0.28
RSI(14)57.6
LBB21.08
UBB24.13
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
23.6621.881.78 (7.52%)13.29%
An entry @23.66. This is a Buy Stop order right above the resistance zone.An exit @21.88. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 1.78 points, which is 7.52%.For a 1.00% total portfolio risk, you can invest 13.29% of your capital in this trade.

  • 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.
BBVA ARGENTINA SA-ADR / BBAR Daily stock chart

BBVA ARGENTINA SA-ADR

NYSE:BBAR (1/29/2025, 8:05:44 PM)

After market: 23.0999 +0.26 (+1.14%)

22.84

+1.46 (+6.83%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg6.83%
1 Week-3.42%
2 Weeks-1.08%
1 Month16.06%
3 Month65.75%
6 Month191.7%
12 Month274.43%
2 Year391.18%
3 Year573.75%
5 Year388.03%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.47
ATR(20)%6.85%
ATR Inc-1.67%
Range Today1.78
ADR(20)1.49
ADR(20)%6.51%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.36
Mansfield7.74
10 Day High23.9
10 Day Low20.29
20 Day High25.01
20 Day Low18.63
52 Week High25.01
52 Week Low5.01
CS1 End22.58
CR1 Start23.42
Volume & EV
DER(3)3.55%
DER(5)0.58%
Volume562.20K
Volume Incr-20.18%
Vol(5)834.08K
Vol(50)906.00K