BANCO MACRO SA-ADR (BMA) Stock Technical Analysis
NYSE:BMA • US05961W1053
Taking everything into account, BMA scores 3 out of 10 in our technical rating. In the last year, BMA was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
- BMA is part of the Banks industry. There are 381 other stocks in this industry, of which 76% are performing better than BMA.
- In the last month BMA has a been trading in the 82.85 - 106.15 range, which is quite wide. It is currently trading near the lows of this range.
- 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.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
- When compared to the yearly performance of all other stocks, BMA outperforms 49% of them, which is more or less in line with the market.
The technical rating of BMA is bad and it also does not present a 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
84.12
When analyzing the support we notice one important area.
- A support zone ranging from 84.97 to 85.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 95.30 to 95.40. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @101.25 from a trend 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 | DOWN | NEGATIVE | The short term trend for BMA is down. |
| ChartMill Relative Strength | 49.41 | NEUTRAL | BMA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BMA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BMA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of BMA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 37.55 | NEUTRAL | The RSI value for BMA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.75 | NEGATIVE | The MACD value suggests BMA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 8.43 | OVERSOLD | The low Stochastics value suggests BMA may be oversold. |
| Average True Range in percent/ATR (20) | 6.04 | HIGH VOLATILITY | The high ATR as a percentage value for BMA suggests high volalility. |
| Average Directional Index/ADX (14) | 23.05 | NEUTRAL | The ADX value for BMA suggests a possible start of a new trend. |
NYSE:BMA (2/19/2026, 1:14:45 PM)
92
+7.22 (+8.52%)
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 3 / 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 37.5451. 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 -1.7501, 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 85.15 and a resistance level at 95.3. Check the full technical report for our detailed analysis of BMA support and resistance levels.