Technical Analysis for BMA - Banco Macro S.A.

Grade Last Price % Change Price Change
grade C 118.23 -2.22% -2.69
BMA closed down 2.22 percent on Wednesday, December 13, 2017, on 1.13 times normal volume. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
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Trend Table & Recent Alerts
ADX Long-Term Intermediate-Term Short-Term
Strong Up Up Up
See historical BMA trend table...

Date Alert Name Type % Chg
Dec 13 Upper Bollinger Band Walk Other 0.00%
Dec 13 Multiple of Ten Bearish Other 0.00%
Dec 13 Outside Day Range Expansion 0.00%
Dec 13 Wide Bands Range Expansion 0.00%
Dec 13 Overbought Stochastic Strength 0.00%
Dec 12 MACD Bullish Centerline Cross Bullish -2.22%
Dec 12 Narrow Range Bar Range Contraction -2.22%
Dec 12 Wide Bands Range Expansion -2.22%
Dec 12 Above Upper BB Strength -2.22%
Dec 12 Overbought Stochastic Strength -2.22%

Older signals for BMA ...

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Basic chart:

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.
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: 3 bullish, 0 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 136.1
52 Week Low 61.12
Average Volume 337,569
200-Day Moving Average 97.9563
50-Day Moving Average 117.1238
20-Day Moving Average 107.252
10-Day Moving Average 112.149
Average True Range 4.5323
ADX 25.84
+DI 31.65
-DI 22.62
Chandelier Exit (Long, 3 ATRs ) 108.3031
Chandelier Exit (Short, 3 ATRs ) 105.9369
Upper Bollinger Band 122.0392
Lower Bollinger Band 92.4648
Percent B (%b) 0.87
BandWidth 27.574684
MACD Line 1.1363
MACD Signal Line -1.3326
MACD Histogram 2.4689
Fundamentals Value
Market Cap 7.78 Billion
Num Shares 65.8 Million
EPS 6.25
Price-to-Earnings (P/E) Ratio 18.92
Price-to-Sales 6.58
Price-to-Book 4.27
PEG Ratio 0.97
Dividend 1.51
Dividend Yield 1.28%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 124.05
Resistance 3 (R3) 124.63 123.26 123.08
Resistance 2 (R2) 123.26 121.78 122.98 122.76
Resistance 1 (R1) 120.75 120.87 120.07 120.17 122.43
Pivot Point 119.38 119.38 119.04 119.10 119.38
Support 1 (S1) 116.87 117.90 116.19 116.29 114.03
Support 2 (S2) 115.50 116.99 115.22 113.70
Support 3 (S3) 112.99 115.50 113.38
Support 4 (S4) 112.41