Technical Analysis for BMA - Banco Macro S.A.

Grade Last Price % Change Price Change
B 48.98 -5.93% -3.09
BMA closed down 5.93 percent on Wednesday, April 24, 2024, on 85 percent of normal volume.
Earnings due: May 15
*** please verify all earnings dates ***
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Down

Date Alert Name Type % Chg
Fell Below 20 DMA Bearish 0.00%
Slingshot Bullish Bullish Swing Setup 0.00%
Multiple of Ten Bearish Other 0.00%
New 52 Week High Strength -5.93%
Upper Bollinger Band Touch Strength -5.93%
Crossed Above 20 DMA Bullish -8.05%
New 52 Week Closing High Bullish -8.05%
Multiple of Ten Bullish Other -8.05%
BB Squeeze Ended Range Expansion -8.05%
Up 3 Days in a Row Strength -8.05%

   Recent Intraday Alerts

Alert Time
Down 5% about 19 hours ago
Down 1 ATR about 19 hours ago
Down 3% about 20 hours ago
Fell Below 20 DMA about 20 hours ago
Fell Below 10 DMA about 20 hours ago

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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 Debit Card Insurance Coverage Internet Banking Services Corporate Banking Transfer Services Factoring Transaction Services Money Transfer Services Barclays Bank Of Botswana Car Loans Consumer Finance Loans Corporate Banking Products Credit Related Services Retail Product

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 55.11
52 Week Low 14.9737
Average Volume 388,844
200-Day Moving Average 28.95
50-Day Moving Average 44.01
20-Day Moving Average 49.99
10-Day Moving Average 49.92
Average True Range 2.95
RSI (14) 51.92
ADX 40.41
+DI 25.47
-DI 16.94
Chandelier Exit (Long, 3 ATRs) 46.25
Chandelier Exit (Short, 3 ATRs) 54.53
Upper Bollinger Bands 53.42
Lower Bollinger Band 46.57
Percent B (%b) 0.35
BandWidth 13.69
MACD Line 1.59
MACD Signal Line 2.02
MACD Histogram -0.4278
Fundamentals Value
Market Cap 5.26 Billion
Num Shares 107 Million
EPS 0.36
Price-to-Earnings (P/E) Ratio 136.06
Price-to-Sales 0.01
Price-to-Book 2.68
PEG Ratio 0.90
Dividend 117.36
Dividend Yield 239.61%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 54.27
Resistance 3 (R3) 54.77 53.50 53.39
Resistance 2 (R2) 53.50 52.16 53.25 53.09
Resistance 1 (R1) 51.24 51.32 50.61 50.74 52.80
Pivot Point 49.98 49.98 49.66 49.73 49.98
Support 1 (S1) 47.72 48.63 47.09 47.22 45.16
Support 2 (S2) 46.45 47.80 46.20 44.87
Support 3 (S3) 44.19 46.45 44.57
Support 4 (S4) 43.69