BANCO MACRO SA-ADR (BMA)
US05961W1053 - ADR
Overall BMA gets a technical rating of 4 out of 10. In the last year, BMA was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
In the last month BMA has a been trading in the 50.72 - 58.50 range, which is quite wide. It is currently trading near the lows of this range.
When comparing the yearly performance of all stocks, we notice that BMA is one of the better performing stocks in the market, outperforming 95% of all stocks.
BMA is part of the Banks industry. There are 407 other stocks in this industry. BMA outperforms 98% of them.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
BMA is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BMA is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, BMA does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
50.32
55.53
When analyzing the support we notice one important area.
- Support @50.83 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 53.96 to 54.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.73
Mansfield2.69
10 Day High56.83
10 Day Low50.72
20 Day High58.5
20 Day Low50.72
52 Week High68.24
52 Week Low17.3
Performance
1 Week-5.35%
2 Weeks-3.39%
1 Month-10.4%
3 Month0.97%
6 Month54.31%
12 Month105.38%
2 Year300.31%
3 Year284.3%
5 Year-25.12%
10 Year22.59%
15 Year205.54%
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)-0.09
RSI(14)42.51
LBB50.52
UBB56.5
BANCO MACRO SA-ADR
NYSE:BMA (7/26/2024, 7:19:29 PM)
After market: 51.88 0 (0%)51.88
+1.04 (+2.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg2.05%
1 Week-5.35%
2 Weeks-3.39%
1 Month-10.4%
3 Month0.97%
6 Month54.31%
12 Month105.38%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.66
ATR(20)%5.12%
ATR Inc
Range Today0.98
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 High56.83
10 Day Low50.72
20 Day High58.5
20 Day Low50.72
52 Week High68.24
52 Week Low17.3
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume87.70K
Volume Incr-39.71%
Vol(5)151.20K
Vol(50)341.49K