Technical Analysis for BMA - Banco Macro S.A.

Grade Last Price % Change Price Change
grade D 106.6 0.08% 0.09
BMA closed up 0.08 percent on Tuesday, April 24, 2018, on 26 percent of normal volume. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Earnings due: May 9

Trend Table & Recent Alerts
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Down Down Down
See historical BMA trend table...

Date Alert Name Type % Chg
Apr 24 Bollinger Band Squeeze Range Contraction 0.00%
Apr 24 Stochastic Reached Oversold Weakness 0.00%
Apr 24 BB Squeeze + Lower Band Touch Range Contraction 0.00%
Apr 24 Outside Day Range Expansion 0.00%
Apr 24 Lower Bollinger Band Touch Weakness 0.00%
Apr 24 Oversold Stochastic Weakness 0.00%
Apr 23 Golden Cross Bullish 0.08%
Apr 23 Bollinger Band Squeeze Range Contraction 0.08%
Apr 23 NR7 Range Contraction 0.08%
Apr 23 BB Squeeze + Lower Band Touch Range Contraction 0.08%

Older signals for BMA ...

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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.
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: 0 bullish, 3 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 82.68
Average Volume 176,821
200-Day Moving Average 107.9266
50-Day Moving Average 108.1616
20-Day Moving Average 108.1095
10-Day Moving Average 107.726
Average True Range 2.7759
ADX 7.58
+DI 18.52
-DI 19.71
Chandelier Exit (Long, 3 ATRs ) 103.3423
Chandelier Exit (Short, 3 ATRs ) 113.5877
Upper Bollinger Band 110.4553
Lower Bollinger Band 105.7637
Percent B (%b) 0.18
BandWidth 4.339674
MACD Line -0.3545
MACD Signal Line -0.1241
MACD Histogram -0.2304
Fundamentals Value
Market Cap 7.02 Billion
Num Shares 65.8 Million
EPS 6.25
Price-to-Earnings (P/E) Ratio 17.06
Price-to-Sales 6.58
Price-to-Book 4.27
PEG Ratio 0.97
Dividend 1.51
Dividend Yield 1.42%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 109.66
Resistance 3 (R3) 109.72 108.76 109.15
Resistance 2 (R2) 108.76 107.98 108.73 108.98
Resistance 1 (R1) 107.68 107.50 108.22 107.62 108.81
Pivot Point 106.72 106.72 106.99 106.69 106.72
Support 1 (S1) 105.64 105.94 106.18 105.58 104.39
Support 2 (S2) 104.68 105.46 104.65 104.22
Support 3 (S3) 103.60 104.68 104.05
Support 4 (S4) 103.54