Technical Analysis for BMA - Banco Macro S.A.

Grade Last Price % Change Price Change
grade D 31.62 -3.86% -1.27
BMA closed down 3.86 percent on Tuesday, February 25, 2020, on 84 percent of normal volume. It ran into resistance at its 50 day moving average.

Trend Table & Recent Signals

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

Date Alert Name Type % Chg
50 DMA Resistance Bearish 0.00%
Fell Below 20 DMA Bearish 0.00%
180 Bearish Setup Bearish Swing Setup 0.00%
Bollinger Band Squeeze Range Contraction 0.00%
BB Squeeze Started Range Contraction 0.00%
Outside Day Range Expansion 0.00%
Fell Below 50 DMA Bearish -3.86%
20 DMA Support Bullish -3.86%
Gapped Down Weakness -3.86%
Up 3 Days in a Row Strength -7.65%

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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.
Financial Services Banking Bank Commercial Bank Cash Management Cash Management Services Banking Products Retail Customers Internet Banking Services Debit Card Transaction Services Money Transfer Services Car Loans Factoring Retail Products Barclays Bank Of Botswana Consumer Finance Loans 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 77.31
52 Week Low 21.41
Average Volume 484,726
200-Day Moving Average 39.54
50-Day Moving Average 33.20
20-Day Moving Average 32.23
10-Day Moving Average 32.36
Average True Range 1.70
ADX 14.7
+DI 22.37
-DI 20.61
Chandelier Exit (Long, 3 ATRs ) 29.68
Chandelier Exit (Short, 3 ATRs ) 33.65
Upper Bollinger Band 34.23
Lower Bollinger Band 30.23
Percent B (%b) 0.35
BandWidth 12.39
MACD Line 0.07
MACD Signal Line 0.01
MACD Histogram 0.0603
Fundamentals Value
Market Cap 2.08 Billion
Num Shares 65.8 Million
EPS 6.25
Price-to-Earnings (P/E) Ratio 5.06
Price-to-Sales 6.58
Price-to-Book 4.27
PEG Ratio 0.97
Dividend 1.51
Dividend Yield 4.78%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 35.03
Resistance 3 (R3) 35.31 34.45 34.46
Resistance 2 (R2) 34.45 33.59 34.31 34.27
Resistance 1 (R1) 33.04 33.05 32.61 32.76 34.08
Pivot Point 32.18 32.18 31.97 32.04 32.18
Support 1 (S1) 30.77 31.32 30.34 30.49 29.16
Support 2 (S2) 29.91 30.78 29.77 28.97
Support 3 (S3) 28.50 29.91 28.78
Support 4 (S4) 28.22