BANCO MACRO SA-ADR (BMA) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:BMA • US05961W1053
Overall BMA gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, BMA is only an average performer.
- BMA is one of the lesser performing stocks in the Banks industry. 61% of 383 stocks in the same industry do better.
- The long and short term trends are both positive. This is looking good!
- 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.
- When compared to the yearly performance of all other stocks, BMA outperforms 67% of them, which is more or less in line with the market.
- In the last month BMA has a been trading in the 87.37 - 106.15 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although BMA has an excellent technical rating, it does not offer a high quality setup 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
84.94
When analyzing the support we can see 3 important areas.
- Support @92.78 from a trend line in the daily time frame.
- A support zone ranging from 88.77 to 90.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @85.80 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- Resistance @98.25 from a trend line in the daily time frame.
- Resistance @101.90 from a horizontal line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for BMA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BMA is up. |
| ChartMill Relative Strength | 67.42 | NEUTRAL | BMA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of BMA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BMA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BMA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.69 | NEUTRAL | The RSI value for BMA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests BMA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 66.41 | NEUTRAL | The Stochastics value for BMA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.85 | MEDIUM VOLATILITY | The ATR as a percentage value for BMA suggests some volalility. |
| Average Directional Index/ADX (14) | 26.37 | POSITIVE | The high ADX value value for BMA suggests a strong trend. |
NYSE:BMA (2/4/2026, 10:59:49 AM)
94.14
-4.64 (-4.7%)
BANCO MACRO SA-ADR / BMA FAQ
What is the ChartMill technical rating of BANCO MACRO SA-ADR (BMA) stock?
ChartMill assigns a technical rating of 8 / 10 to BMA.
What is the trend direction for BMA stock?
The current trend direction for BANCO MACRO SA-ADR (BMA) is Bullish.
Can you provide the RSI signal for BANCO MACRO SA-ADR?
BANCO MACRO SA-ADR (BMA) has an RSI value of 56.6911. This indicates that the stock is currently neutral.
What is the MACD signal for BMA stock?
The MACD indicator for BANCO MACRO SA-ADR (BMA) has a value of 0.0811946, indicating a bearish trend.
Can you provide the support and resistance levels for BANCO MACRO SA-ADR?
BANCO MACRO SA-ADR (BMA) has a support level at 98.25 and a resistance level at 101.9. Check the full technical report for our detailed analysis of BMA support and resistance levels.