Technical Analysis for BMA - Banco Macro S.A.

Grade Last Price % Change Price Change
grade F 48.5 5.05% 2.33
BMA closed up 5.05 percent on Friday, September 21, 2018, on 1.6 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.

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

Date Alert Name Type % Chg
Sep 21 Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 0.00%
Sep 21 Pocket Pivot Bullish Swing Setup 0.00%
Sep 21 Stochastic Reached Overbought Strength 0.00%
Sep 21 Weak + Overbought Other 0.00%
Sep 21 Wide Bands Range Expansion 0.00%
Sep 21 Above Upper BB Strength 0.00%
Sep 21 Overbought Stochastic Strength 0.00%
Sep 21 Up 3 Days in a Row Strength 0.00%
Sep 21 Upper Bollinger Band Touch Strength 0.00%
Sep 20 Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 5.05%

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: 1 bullish, 3 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 136.1
52 Week Low 32.0
Average Volume 517,844
200-Day Moving Average 86.2824
50-Day Moving Average 52.5008
20-Day Moving Average 41.5
10-Day Moving Average 41.717
Average True Range 3.5326
ADX 27.81
+DI 29.8454
-DI 19.0879
Chandelier Exit (Long, 3 ATRs ) 38.1722
Chandelier Exit (Short, 3 ATRs ) 42.5978
Upper Bollinger Band 47.8379
Lower Bollinger Band 35.1621
Percent B (%b) 1.05
BandWidth 30.544096
MACD Line -2.0742
MACD Signal Line -3.594
MACD Histogram 1.5198
Fundamentals Value
Market Cap 3.19 Billion
Num Shares 65.8 Million
EPS 6.25
Price-to-Earnings (P/E) Ratio 7.76
Price-to-Sales 6.58
Price-to-Book 4.27
PEG Ratio 0.97
Dividend 1.51
Dividend Yield 3.11%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 53.42
Resistance 3 (R3) 52.96 50.87 52.60
Resistance 2 (R2) 50.87 49.61 51.10 52.33
Resistance 1 (R1) 49.68 48.84 50.28 50.14 52.05
Pivot Point 47.59 47.59 47.88 47.82 47.59
Support 1 (S1) 46.40 46.33 47.00 46.86 44.95
Support 2 (S2) 44.31 45.56 44.54 44.67
Support 3 (S3) 43.12 44.31 44.40
Support 4 (S4) 43.58