BANCO MACRO SA-ADR (BMA)
US05961W1053 - ADR
We assign a technical rating of 10 out of 10 to BMA. 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.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that BMA is one of the better performing stocks in the market, outperforming 98% of all stocks. On top of that, BMA also shows a nice and consistent pattern of rising prices.
BMA is part of the Banks industry. There are 412 other stocks in this industry. BMA outperforms 99% of them.
A new 52 week high is currently being made by BMA, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so BMA is leading the market.
In the last month BMA has a been trading in the 46.03 - 60.59 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although BMA has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
35.58
60.82
2 important support areas can be observed.
- A support zone ranging from 46.38 to 47.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @35.94 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.79
Mansfield8.98
10 Day High60.59
10 Day Low47.76
20 Day High60.59
20 Day Low46.03
52 Week High60.59
52 Week Low17.01
Performance
1 Week17.21%
2 Weeks20.88%
1 Month17.8%
3 Month73.95%
6 Month194.47%
12 Month238.32%
2 Year278.27%
3 Year267.42%
5 Year20.73%
10 Year90.39%
15 Year355.52%
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)0.58
RSI(14)72.96
LBB45.05
UBB58.85
BANCO MACRO SA-ADR
NYSE:BMA (5/3/2024, 7:04:00 PM)
After market: 60.05 -0.17 (-0.28%)60.22
+4.11 (+7.32%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg7.32%
1 Week17.21%
2 Weeks20.88%
1 Month17.8%
3 Month73.95%
6 Month194.47%
12 Month238.32%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)3.09
ATR(20)%5.07%
ATR Inc
Range Today4.32
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High60.59
10 Day Low47.76
20 Day High60.59
20 Day Low46.03
52 Week High60.59
52 Week Low17.01
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume640.50K
Volume Incr33.21%
Vol(5)519.18K
Vol(50)416.30K