Technical Analysis for BMA - Banco Macro S.A.

Grade Last Price % Change Price Change
grade B 67.26 1.20% 0.80
BMA closed up 1.2 percent on Monday, June 24, 2019, on 45 percent of 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.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Strong Up Up Up
See historical BMA trend table...

Date Alert Name Type % Chg
1,2,3 Pullback Bullish Bullish Swing Setup 0.00%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 0.00%
Outside Day Range Expansion 0.00%
Wide Bands Range Expansion 0.00%
Overbought Stochastic Strength 0.00%
1,2,3 Pullback Bullish Bullish Swing Setup 1.20%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 1.20%
Narrow Range Bar Range Contraction 1.20%
NR7 Range Contraction 1.20%
Wide Bands Range Expansion 1.20%

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.
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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 75.21
52 Week Low 32.0
Average Volume 719,807
200-Day Moving Average 47.4727
50-Day Moving Average 51.2578
20-Day Moving Average 59.416
10-Day Moving Average 66.308
Average True Range 3.1143
ADX 40.26
+DI 32.0609
-DI 10.1135
Chandelier Exit (Long, 3 ATRs ) 59.7971
Chandelier Exit (Short, 3 ATRs ) 54.4829
Upper Bollinger Band 74.2106
Lower Bollinger Band 44.6214
Percent B (%b) 0.77
BandWidth 49.800054
MACD Line 5.086
MACD Signal Line 4.6872
MACD Histogram 0.3988
Fundamentals Value
Market Cap 4.43 Billion
Num Shares 65.8 Million
EPS 6.25
Price-to-Earnings (P/E) Ratio 10.76
Price-to-Sales 6.58
Price-to-Book 4.27
PEG Ratio 0.97
Dividend 1.51
Dividend Yield 2.25%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 70.77
Resistance 3 (R3) 70.43 68.91 70.19
Resistance 2 (R2) 68.91 68.02 69.09 69.99
Resistance 1 (R1) 68.09 67.47 68.50 68.43 69.79
Pivot Point 66.57 66.57 66.78 66.75 66.57
Support 1 (S1) 65.75 65.68 66.16 66.09 64.73
Support 2 (S2) 64.23 65.13 64.41 64.53
Support 3 (S3) 63.41 64.23 64.34
Support 4 (S4) 63.75