Banco Bilbao Vizcaya Argentaria, S.A. Stock Forecast

Banco Bilbao Vizcaya Argentaria, S.A. stock price down 0.223% on Monday
(Updated on May 06, 2024)

BOY.DE Signals & Forecast

There are mixed signals in the stock today. The Banco Bilbao Vizcaya Argentaria, S.A. stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at 10.28€ and 10.52€. A break-up above any of these levels will issue buy signals. Volume fell along with the price during the last trading day, which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk. A buy signal was issued from a pivot bottom point on Thursday, May 02, 2024, and so far it has risen 0.511%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Banco Bilbao Vizcaya Argentaria, S.A. stock

Banco Bilbao Vizcaya Argentaria, S.A. finds support from accumulated volume at 9.78€ and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day, but be aware of low or falling volume as this increases the risk. During the last day, the stock moved 0.102€ between high and low, or 1.05%. For the last week the stock has had daily average volatility of 3.46%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (BOY.DE) For The Upcoming Trading Day Of Tuesday 7th

For the upcoming trading day on Tuesday, 7th we expect Banco Bilbao Vizcaya Argentaria, S.A. to open at 9.81€, and during the day (based on 14 day Average True Range), to move between 9.56€ and 10.09€, which gives a possible trading interval of +/-0.266€ (+/-2.71%) up or down from last closing price. If Banco Bilbao Vizcaya Argentaria, S.A. takes out the full calculated possible swing range there will be an estimated 5.42% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at 9.78€ (0.51%) than the resistance at 10.12€ (2.97%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Banco Bilbao Vizcaya Argentaria, S.A. stock A Buy?

Banco Bilbao Vizcaya Argentaria, S.A. holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

Current score: -2.317 Sell Candidate Unchanged

Predicted Opening Price for Banco Bilbao Vizcaya Argentaria, S.A. of Tuesday, May 7, 2024

The predicted opening price is based on yesterday's movements between high, low, and closing price.