Technical Analysis for BMA - Banco Macro S.A.

Grade Last Price % Change Price Change
F 13.56 -1.60% -0.22
BMA closed down 1.6 percent on Friday, February 26, 2021, on approximately normal volume. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Down
Historical BMA trend table...

Date Alert Name Type % Chg
Spinning Top Other 0.00%
Stochastic Reached Oversold Weakness 0.00%
Oversold Stochastic Weakness 0.00%
50 DMA Resistance Bearish -1.60%
Fell Below 20 DMA Bearish -1.60%
MACD Bearish Centerline Cross Bearish -1.60%
MACD Bearish Signal Line Cross Bearish -1.60%
50 DMA Resistance Bearish -6.74%
Crossed Above 20 DMA Bullish -6.74%
20 DMA Resistance Bearish -3.69%
Older End-of-Day Signals for BMA ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
1.5x Volume Pace 3 days ago
Down 3% 3 days ago
Down 2 % 3 days ago
Up 2% 3 days ago
Down 1% 3 days ago
View Earlier Intraday Alerts

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Profile

Banco Macro S.A. Description

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.


Classification

Sector: Financial Services
Industry: Banks - Regional - Latin America
Keywords: Banking Bank Commercial Bank Cash Management Cash Management Services Banking Products Consumer Finance Insurance Coverage Internet Banking Services Transfer Services Corporate Banking Debit Card Factoring Transaction Services Money Transfer Services Retail Product Retail Products Car Loans Barclays Bank Of Botswana Consumer Finance Loans Corporate Banking Products Credit Related Services

Is BMA a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 31.41
52 Week Low 11.45
Average Volume 274,151
200-Day Moving Average 17.10
50-Day Moving Average 14.66
20-Day Moving Average 14.37
10-Day Moving Average 14.67
Average True Range 0.72
ADX 20.75
+DI 19.45
-DI 25.12
Chandelier Exit (Long, 3 ATRs ) 14.24
Chandelier Exit (Short, 3 ATRs ) 15.37
Upper Bollinger Band 15.77
Lower Bollinger Band 12.97
Percent B (%b) 0.21
BandWidth 19.49
MACD Line -0.08
MACD Signal Line 0.02
MACD Histogram -0.096
Fundamentals Value
Market Cap 866.48 Million
Num Shares 63.9 Million
EPS 7.14
Price-to-Earnings (P/E) Ratio 1.90
Price-to-Sales 0.67
Price-to-Book 0.63
PEG Ratio 0.90
Dividend 4.40
Dividend Yield 32.45%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 14.80
Resistance 3 (R3) 14.85 14.48 14.59
Resistance 2 (R2) 14.48 14.17 14.46 14.52
Resistance 1 (R1) 14.02 13.98 13.84 13.97 14.45
Pivot Point 13.66 13.66 13.57 13.64 13.66
Support 1 (S1) 13.20 13.35 13.02 13.15 12.67
Support 2 (S2) 12.84 13.15 12.81 12.60
Support 3 (S3) 12.38 12.84 12.53
Support 4 (S4) 12.32