Technical Analysis for BMA - Banco Macro S.A.

Grade Last Price % Change Price Change
grade F 26.4 -2.55% -0.69
BMA closed down 2.55 percent on Monday, October 14, 2019, on 26 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Strong Down Down Flat
See historical BMA trend table...

Date Alert Name Type % Chg
New Downtrend Bearish 0.00%
NR7 Range Contraction 0.00%
New Uptrend Bullish -2.55%
Upper Bollinger Band Walk Strength -2.55%
Upper Bollinger Band Touch Strength -2.55%
Pocket Pivot Bullish Swing Setup -4.90%
BB Squeeze Ended Range Expansion -4.90%
Above Upper BB Strength -4.90%
Upper Bollinger Band Touch Strength -4.90%
20 DMA Support Bullish 2.21%

Older signals for BMA ...

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Profile
Banco Macro S.A. provides banking products and services to individuals, entrepreneurs, companies, and corporate customers in Argentina. It offers various retail products and services, such as savings and checking accounts, time deposits, credit and debit cards, consumer finance loans, mortgage loans, car loans, overdrafts, credit-related services, home and car insurance coverage, tax collection, utility payments, automated teller machines (ATMs), and money transfer services. The company also provides personal loans, document discounts, mortgages, overdrafts, pledged loans, and credit card loans to retail customers. Its corporate banking products and services include deposits, lending, check cashing advances and factoring, guaranteed loans, and credit lines for financing foreign trade, and cash management services. Further, the company offers trust, payroll, and financial agency services, as well as corporate credit cards; transaction services, such as cash management, customer collections, payments to suppliers, payroll administration, foreign exchange transactions, foreign trade services, corporate credit cards; information services, such as Datanet and Interpymes services to corporate customers; and Internet banking services. It operates a network of 408 branches and 836 automated teller machines. Banco Macro S.A. is headquartered in Buenos Aires, Argentina.
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Is BMA a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 0 bullish, 4 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 77.31
52 Week Low 21.41
Average Volume 890,170
200-Day Moving Average 48.6409
50-Day Moving Average 31.5128
20-Day Moving Average 25.4685
10-Day Moving Average 26.345
Average True Range 1.8054
ADX 27.15
+DI 22.7046
-DI 25.7509
Chandelier Exit (Long, 3 ATRs ) 23.3138
Chandelier Exit (Short, 3 ATRs ) 28.2962
Upper Bollinger Band 27.851
Lower Bollinger Band 23.086
Percent B (%b) 0.7
BandWidth 18.709386
MACD Line -1.1331
MACD Signal Line -1.97
MACD Histogram 0.8369
Fundamentals Value
Market Cap 1.74 Billion
Num Shares 65.8 Million
EPS 6.25
Price-to-Earnings (P/E) Ratio 4.22
Price-to-Sales 6.58
Price-to-Book 4.27
PEG Ratio 0.97
Dividend 1.51
Dividend Yield 5.72%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 27.91
Resistance 3 (R3) 28.00 27.58 27.66
Resistance 2 (R2) 27.58 27.19 27.54 27.58
Resistance 1 (R1) 26.99 26.96 26.78 26.90 27.49
Pivot Point 26.57 26.57 26.47 26.53 26.57
Support 1 (S1) 25.98 26.18 25.77 25.90 25.31
Support 2 (S2) 25.56 25.95 25.52 25.22
Support 3 (S3) 24.97 25.56 25.14
Support 4 (S4) 24.89