Stock Trend Analysis Report
Prepared for you on Monday, July 16, 2018.
MACRO BANK (NYSE:BMA)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for BMA
The long term trend has been DOWN since Feb 9th, 2018 at 92.34
The intermediate term trend has been DOWN since Jun 14th, 2018 at 75.75
The short term trend has been DOWN since Jul 13th, 2018 at 66.70
Smart Scan Analysis for BMA
Based on a pre-defined weighted trend formula for chart analysis, BMA scored -80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||117.99||Year High Date||2018-01-02|
|Year Low||54.83||Year Low Date||2018-07-02|
|52wk High||136.1||52wk High Date||2017-10-23|
|52wk Low||54.83||52wk Low Date||2018-07-02|
|Year End Close||18.14||Average Volume||508,633|
|Shares Outstanding||59,449||Short Interest||750,490|