BANCO MACRO SA-ADR (BMA)
US05961W1053 - ADR
We assign a technical rating of 10 out of 10 to BMA. Both in the recent history as in the last year, BMA has proven to be a steady performer, scoring decent points in every aspect analyzed.
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 99% of all 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 405 stocks in the same industry.
BMA is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month BMA has a been trading in the 62.12 - 76.08 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 present a decent entry opportunity 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
46.69
76.50
5 important support areas can be observed.
- A support zone ranging from 74.84 to 74.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 65.56 to 68.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 53.82 to 54.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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
CRS99.22
Mansfield4.72
10 Day High75.77
10 Day Low62.12
20 Day High76.08
20 Day Low62.12
52 Week High76.08
52 Week Low17.3
Performance
1 Week10.13%
2 Weeks12.63%
1 Month10.43%
3 Month39.35%
6 Month45.41%
12 Month314.11%
2 Year403.91%
3 Year375.72%
5 Year226.77%
10 Year77.15%
15 Year156%
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)0.31
RSI(14)66.17
LBB61.6
UBB74.12
BANCO MACRO SA-ADR
NYSE:BMA (10/14/2024, 9:54:03 AM)
75.74
+0.91 (+1.22%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg1.22%
1 Week10.13%
2 Weeks12.63%
1 Month10.43%
3 Month39.35%
6 Month45.41%
12 Month314.11%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)3.08
ATR(20)%4.41%
ATR Inc
Range Today2.01
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 High75.77
10 Day Low62.12
20 Day High76.08
20 Day Low62.12
52 Week High76.08
52 Week Low17.3
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume20.19K
Volume Incr-26.58%
Vol(5)208.32K
Vol(50)308.15K