BANCO MACRO SA-ADR (BMA) Stock Technical Analysis
NYSE:BMA - New York Stock Exchange, Inc. - US05961W1053 - ADR - Currency: USD
We assign a technical rating of 8 out of 10 to BMA. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
In the last month BMA has a been trading in the 91.27 - 118.42 range, which is quite wide. It is currently trading near the lows of this range.
Looking at the yearly performance, BMA did better than 97% of all other stocks. On top of that, BMA also shows a nice and consistent pattern of rising prices.
BMA is one of the better performing stocks in the Banks industry, it outperforms 99% of 405 stocks in the same industry.
BMA is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so BMA is lagging the market slightly.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
Although BMA has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
66.27
102.93
2 important support areas can be observed.
- A support zone ranging from 95.64 to 96.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @66.94 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 100.91 to 101.91. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.65
Mansfield3.35
10 Day High110.32
10 Day Low91.27
20 Day High118.42
20 Day Low91.27
52 Week High118.42
52 Week Low29.51
Performance
1 Week-1.65%
2 Weeks-11.94%
1 Month-13.11%
3 Month21.47%
6 Month82%
12 Month217.83%
2 Year364.48%
3 Year566.94%
5 Year232.09%
10 Year90.2%
15 Year270.72%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-2
RSI(14)42.58
LBB92
UBB115.08
BANCO MACRO SA-ADR
NYSE:BMA (2/4/2025, 8:04:00 PM)
After market: 96.24 0 (0%)96.24
+0.35 (+0.37%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.37%
1 Week-1.65%
2 Weeks-11.94%
1 Month-13.11%
3 Month21.47%
6 Month82%
12 Month217.83%
2 Year364.48%
3 Year566.94%
5 Year232.09%
10 Year90.2%
15 Year270.72%
Volatility
ATR(14)5.79
ATR(20)%6.43%
ATR Inc-30.07%
Range Today3.4
ADR(20)5.7
ADR(20)%5.92%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.65
Mansfield3.35
10 Day High110.32
10 Day Low91.27
20 Day High118.42
20 Day Low91.27
52 Week High118.42
52 Week Low29.51
CS1 End96.23
CR1 Start100.91
Volume & EV
DER(3)-2.64%
DER(5)-1.21%
Volume204.00K
Volume Incr-24.49%
Vol(5)278.92K
Vol(50)354.11K