Technical Analysis for BMA - Banco Macro S.A.

Grade Last Price % Change Price Change
B 58.30 2.35% 1.34
BMA closed up 2.35 percent on Friday, May 24, 2024, on 71 percent of normal volume.
2 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Down

Date Alert Name Type % Chg
New Downtrend Bearish 0.00%
Gapped Up Strength 0.00%
Fell Below 20 DMA Bearish 2.35%
Earnings Movers Other 2.35%
Multiple of Ten Bearish Other 2.35%
Wide Bands Range Expansion 2.35%
Down 3 Days in a Row Weakness 2.35%
MACD Bearish Signal Line Cross Bearish -3.92%
20 DMA Support Bullish -3.92%
Earnings Movers Other -3.92%

   Recent Intraday Alerts

Alert Time
Up 3% 3 days ago
60 Minute Opening Range Breakout 3 days ago
Up 2% 3 days ago
Fell Below Previous Day's Low 3 days ago
Down 1% 3 days ago

Get a Trading Assistant

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

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 Insurance Coverage Internet Banking Services 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 67.4299
52 Week Low 15.6547
Average Volume 427,880
200-Day Moving Average 33.00
50-Day Moving Average 54.26
20-Day Moving Average 61.22
10-Day Moving Average 62.81
Average True Range 3.32
RSI (14) 48.98
ADX 34.94
+DI 24.51
-DI 25.16
Chandelier Exit (Long, 3 ATRs) 57.47
Chandelier Exit (Short, 3 ATRs) 57.72
Upper Bollinger Bands 69.51
Lower Bollinger Band 52.93
Percent B (%b) 0.32
BandWidth 27.09
MACD Line 2.34
MACD Signal Line 3.41
MACD Histogram -1.0721
Fundamentals Value
Market Cap 6.26 Billion
Num Shares 107 Million
EPS 0.36
Price-to-Earnings (P/E) Ratio 161.94
Price-to-Sales 0.01
Price-to-Book 2.68
PEG Ratio 0.90
Dividend 117.36
Dividend Yield 201.30%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 63.21
Resistance 3 (R3) 62.95 61.04 62.39
Resistance 2 (R2) 61.04 59.79 61.17 62.12
Resistance 1 (R1) 59.67 59.02 60.36 59.94 61.85
Pivot Point 57.77 57.77 58.11 57.90 57.77
Support 1 (S1) 56.40 56.51 57.08 56.66 54.75
Support 2 (S2) 54.49 55.74 54.62 54.48
Support 3 (S3) 53.12 54.49 54.21
Support 4 (S4) 53.39