Banco Bilbao Viscaya Argentaria Technical Analysis (NYSE:BBVA)
Technical analysis is based on the study of past price and volume movements of a security with the help of technical stock charts or trading charts. The BBVA stock chart pattern can give those who understand technical analysis an indication of which way BBVA stock is headed, but cannot predict with 100% certainty as to what can happen to the Banco Bilbao Viscaya Argentaria stock price.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Banco Bilbao Viscaya Argentaria. The technical analysis form of Banco Bilbao Viscaya Argentaria stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Banco Bilbao Viscaya Argentaria Moving Average
Moving averages help predict the price direction of BBVA stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. The 20 day moving average of $6.25 is below the last closing price of $6.43 and the 50 day moving average of $6.64 is above the last closing price of $6.43. The 10 and 20 day periods can predict short term moving average trends.
Banco Bilbao Viscaya Argentaria Bollinger Bands
Bollinger bands comprise of a center line usually BBVA SMA, and two BBVA stock price bands above and below it. The stock is considered overbought when the price starts moving closer towards the upper band, and is considered oversold as stock price moves closer towards the lower band. Banco Bilbao Viscaya Argentaria bollinger bands show that the stock price is $6.43, upper band is 6.53, lower band is 5.97, and the average is 6.25.
Banco Bilbao Viscaya Argentaria Moving Average Convergence Divergence or MACD
Two important concepts with respect to moving average convergence divergence or MACD are: crossovers and divergence. When the MACD rises above the signal line, it typically indicates a bullish trend and most likely the stock prices will go up. The Banco Bilbao Viscaya Argentaria MACD line is below the signal line.
Banco Bilbao Viscaya Argentaria Relative Strength Index
The relative strength index compares the magnitude of recent gains to recent losses and is a momentum indicator. It attempts to assess overbought and oversold conditions of a stock. The relative strength index of BBVA stock is 48.7.