- 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 10/28/2019 (GMT)

  • Who voted?
  • 199
  • 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
  • Timeframe : Daily
  • - Analysis generated on
  • Status : INVALID

Are you looking for opportunities in European stocks?
Discover Londinia Opportunities...

Summary of the analysis

Court terme: Strongly bullish
De fond: Strongly bullish
Technical indicators
My opinion
Bullish above 4.7654 EUR
My targets
5.0818 EUR (+4.03%)
5.2990 EUR (+8.47%)
My analysis
The bullish trend is currently very strong on BBVA. As long as the price remains above the support at 4.7654 EUR, you could try to benefit from the boom. The first bullish objective is located at 5.0818 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 5.2990 EUR as an objective. Crossing it would then enable buyers to target 5.5990 EUR. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Complete this analysis for another time unit:
15 min. 1H Weekly
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.

Additional analysis


The BBVA price is 4.8850 EUR. The price registered a decrease of -0.02% on the session and was traded between 4.8420 EUR and 4.9300 EUR over the period. The price is currently at +0.89% from its lowest and -0.91% from its highest.


Here is a more detailed summary of the historical variations registered by BBVA:
The Central Records scanner for higher/lower results shows an item:

Central Records

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

The Central Volumes scanner notes the presence of abnormal volumes:

Central Volumes

Abnormal volumes

Timeframe : 5 days

Abnormal volumes

Timeframe : 20 days


Technical analysis of this Daily chart of BBVA indicates that the overall trend is strongly bullish. The signals given by the moving averages are 85.71% bullish. This strong bullish trend is confirmed 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.

The probability of a further increase is high given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

RSI indicator: bearish divergence

Type : Bearish

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

Price is back under the pivot point

Type : Bearish

Timeframe : Daily

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

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines 4.2070 4.5090 4.7654 4.8850 5.0818 5.2990 5.5990
Change (%) -13.88% -7.70% -2.45% - +4.03% +8.47% +14.62%
Change -0.6780 -0.3760 -0.1196 - +0.1968 +0.4140 +0.7140
Level Minor Intermediate Major - Intermediate Minor Intermediate

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Pivot points S3 S2 S1 PP R1 R2 R3

Pivot points S3 S2 S1 PP R1 R2 R3

Pivot points S3 S2 S1 PP R1 R2 R3

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): 63.17
MACD (12,26,9): 0.1018
Directional Movement: 18.7070
AROON (14): 85.7142
DEMA (21): 4.8448
Parabolic SAR (0,02-0,02-0,2): 4.6817
Elder Ray (13): 0.1075
Super Trend (3,10): 4.5587
Zig ZAG (10): 4.8850
VORTEX (21): 1.0998
Stochastique (14,3,5): 90.01
TEMA (21): 4.9043
Williams %R (14): -13.63
Chande Momentum Oscillator (20): 0.4764
Repulse (5,40,3): 0.7301
TRIX (15,9): 0.2410
Courbe Coppock: 16.29
MA7: 4.8519
MA20: 4.6630
MA50: 4.5170
MA100: 4.6001
MAexp7: 4.8456
MAexp20: 4.7220
MAexp50: 4.6207
MAexp100: 4.6394
Price / MA7: +0.68%
Price / MA20: +4.76%
Price / MA50: +8.15%
Price / MA100: +6.19%
Price / MAexp7: +0.81%
Price / MAexp20: +3.45%
Price / MAexp50: +5.72%
Price / MAexp100: +5.29%


Don"t forget to follow the news on BBVA. At the time of publication of this analysis, the latest news was as follows:

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

About author


Overall rating :
Number of analyses :
Followers :
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…

Add a comment

no pic


0 comments on the analysis BBVA - Daily