Technical Analysis for BMA - Banco Macro S.A.

Grade Last Price % Change Price Change
F 14.1 8.30% 1.08
BMA closed up 0.62 percent on Thursday, May 6, 2021, on approximately normal volume. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation.

Trend Table & Recent EOD Signals

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

Date Alert Name Type % Chg
Crossed Above 20 DMA Bullish 8.29%
Hammer Candlestick Bullish 8.29%
20 DMA Resistance Bearish 8.96%
Narrow Range Bar Range Contraction 8.96%
NR7 Range Contraction 8.96%
NR7-2 Range Contraction 8.96%
Fell Below 20 DMA Bearish 9.13%
NR7 Range Contraction 9.13%
Down 3 Days in a Row Weakness 9.13%
Down 4 Days in a Row Weakness 9.13%
Older End-of-Day Signals for BMA ...

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

Alert Time
Possible Pocket Pivot 31 minutes ago
Up 2 ATRs about 2 hours ago
Rose Above Upper Bollinger Band about 3 hours ago
Up 5% about 3 hours ago
60 Minute Opening Range Breakout about 4 hours 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 Factoring Debit Card Transaction Services Money Transfer Services Car Loans Retail Product Retail Products 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 26.79
52 Week Low 11.45
Average Volume 276,627
200-Day Moving Average 15.44
50-Day Moving Average 13.48
20-Day Moving Average 13.00
10-Day Moving Average 13.23
Average True Range 0.49
ADX 15.59
+DI 22.56
-DI 29.92
Chandelier Exit (Long, 3 ATRs ) 12.72
Chandelier Exit (Short, 3 ATRs ) 13.71
Upper Bollinger Band 13.81
Lower Bollinger Band 12.19
Percent B (%b) 0.51
BandWidth 12.44
MACD Line -0.09
MACD Signal Line -0.13
MACD Histogram 0.0347
Fundamentals Value
Market Cap 831.98 Million
Num Shares 63.9 Million
EPS 7.14
Price-to-Earnings (P/E) Ratio 1.82
Price-to-Sales 0.67
Price-to-Book 0.63
PEG Ratio 0.90
Dividend 4.40
Dividend Yield 33.79%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 13.61
Resistance 3 (R3) 13.55 13.30 13.51
Resistance 2 (R2) 13.30 13.15 13.33 13.47
Resistance 1 (R1) 13.16 13.06 13.23 13.22 13.44
Pivot Point 12.91 12.91 12.95 12.94 12.91
Support 1 (S1) 12.77 12.76 12.84 12.83 12.60
Support 2 (S2) 12.52 12.67 12.55 12.57
Support 3 (S3) 12.38 12.52 12.53
Support 4 (S4) 12.44