Technical Analysis for BMA - Banco Macro S.A.

Grade Last Price % Change Price Change
B 84.57 -3.55% -3.11
BMA closed down 3.55 percent on Tuesday, December 3, 2024, on approximately normal volume.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up

Date Alert Name Type % Chg
Bearish Engulfing Bearish 0.00%
Slingshot Bullish Bullish Swing Setup 0.00%
Upper Bollinger Band Walk Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%
MACD Bullish Signal Line Cross Bullish -3.55%
New 52 Week Closing High Bullish -3.55%
Pocket Pivot Bullish Swing Setup -3.55%
New 52 Week High Strength -3.55%
Above Upper BB Strength -3.55%
Upper Bollinger Band Touch Strength -3.55%

   Recent Intraday Alerts

Alert Time
Possible Inside Day about 11 hours ago
Down 3% about 14 hours ago
Down 2 % about 14 hours ago
60 Minute Opening Range Breakdown about 14 hours ago
Down 1% about 15 hours ago

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Profile

Banco Macro S.A. Description

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.


Classification

Sector: Financial Services
Industry: Banks - Regional - Latin America
Keywords: Banking Bank Commercial Bank Cash Management Cash Management Services Banking Products Consumer Finance Debit Card Internet Banking Services Insurance Coverage Corporate Banking Transfer Services Factoring Transaction Services Money Transfer Services Barclays Bank Of Botswana Car Loans Consumer Finance Loans Corporate Banking Products Credit Related Services Retail Product

Is BMA a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 89.45
52 Week Low 22.2803
Average Volume 269,171
200-Day Moving Average 57.23
50-Day Moving Average 75.58
20-Day Moving Average 81.39
10-Day Moving Average 82.73
Average True Range 4.31
RSI (14) 59.02
ADX 22.33
+DI 23.27
-DI 12.59
Chandelier Exit (Long, 3 ATRs) 76.53
Chandelier Exit (Short, 3 ATRs) 85.99
Upper Bollinger Bands 86.68
Lower Bollinger Band 76.10
Percent B (%b) 0.8
BandWidth 12.99
MACD Line 2.59
MACD Signal Line 2.43
MACD Histogram 0.1593
Fundamentals Value
Market Cap 9.08 Billion
Num Shares 107 Million
EPS 0.36
Price-to-Earnings (P/E) Ratio 234.92
Price-to-Sales 0.01
Price-to-Book 2.68
PEG Ratio 0.90
Dividend 117.36
Dividend Yield 138.77%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 91.35
Resistance 3 (R3) 92.10 90.58 90.22
Resistance 2 (R2) 90.58 88.86 90.21 89.84
Resistance 1 (R1) 87.58 87.79 86.82 86.83 89.47
Pivot Point 86.06 86.06 85.69 85.69 86.06
Support 1 (S1) 83.06 84.34 82.30 82.31 79.67
Support 2 (S2) 81.54 83.27 81.17 79.30
Support 3 (S3) 78.54 81.54 78.92
Support 4 (S4) 77.79