BANCO MACRO SA-ADR (BMA)
US05961W1053 - ADR
Taking everything into account, BMA scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, BMA is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, BMA did better than 97% of all other stocks. We also observe that the gains produced by BMA over the past year are nicely spread over this period.
BMA is one of the better performing stocks in the Banks industry, it outperforms 99% of 406 stocks in the same industry.
BMA is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so BMA is performing more or less in line with the market.
In the last month BMA has a been trading in the 77.70 - 109.36 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
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
46.69
97.67
When analyzing the support we can see 4 important areas.
- A support zone ranging from 94.58 to 96.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @61.83 from a trend line in the weekly time frame.
- Support @52.09 from a horizontal line in the daily time frame.
- Support @47.16 from a horizontal line 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
CRS97.87
Mansfield5.65
10 Day High109.36
10 Day Low83.12
20 Day High109.36
20 Day Low77.7
52 Week High109.36
52 Week Low24.41
Performance
1 Week4%
2 Weeks11.64%
1 Month20.86%
3 Month30.57%
6 Month68.14%
12 Month224.39%
2 Year488.92%
3 Year589.73%
5 Year166.76%
10 Year121.13%
15 Year224.93%
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)0.73
RSI(14)60.15
LBB76.77
UBB106.92
BANCO MACRO SA-ADR
NYSE:BMA (12/20/2024, 8:04:00 PM)
After market: 96.7 0 (0%)96.7
+1.46 (+1.53%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg1.53%
1 Week4%
2 Weeks11.64%
1 Month20.86%
3 Month30.57%
6 Month68.14%
12 Month224.39%
2 Year488.92%
3 Year589.73%
5 Year166.76%
10 Year121.13%
15 Year224.93%
Volatility
ATR(14)6.18
ATR(20)%6.05%
ATR Inc6.5%
Range Today5.59
ADR(20)5.69
ADR(20)%5.88%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.87
Mansfield5.65
10 Day High109.36
10 Day Low83.12
20 Day High109.36
20 Day Low77.7
52 Week High109.36
52 Week Low24.41
CS1 End96.69
CR1 StartN/A
Volume & EV
DER(3)-2.73%
DER(5)-0.54%
Volume264.90K
Volume Incr54.13%
Vol(5)528.26K
Vol(50)308.69K