Technical Analysis for BMA - Banco Macro S.A.

Grade Last Price % Change Price Change
grade A 97.51 2.95% 2.79
BMA closed up 2.95 percent on Friday, August 18, 2017, on 31 percent of normal volume. The bulls were able to push the stock to a new 52-week high. 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
Aug 18 New 52 Week High Other 0.00%
Aug 18 New 52 Week Closing High Bullish 0.00%
Aug 18 Upper Bollinger Band Walk Other 0.00%
Aug 17 NR7 Range Contraction 2.95%
Aug 17 Upper Bollinger Band Walk Other 2.95%

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: 4 bullish, 0 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 97.86
52 Week Low 61.12
Average Volume 267,182
200-Day Moving Average 81.6304
50-Day Moving Average 89.2386
20-Day Moving Average 89.4535
10-Day Moving Average 90.91
Average True Range 2.9337
ADX 26.05
+DI 28.82
-DI: 15.68
Chandelier Exit (Long, 3 ATRs) 89.1889
Chandelier Exit (Short, 3 ATRs) 91.4811
Upper Bollinger Band 97.4419
Lower Bollinger Band 81.4651
Percent B (%b) 1.0
Bandwidth 0.178605
MACD Line 1.6971
MACD Signal Line 0.5221
MACD Histogram 1.175