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Stock Trend Analysis Report
Prepared for you on Tuesday, April 16, 2024.
Banco Macro S.A. ADR (representing Ten Class B Common Shares) (NYSE:BMA)
Bull Market Weakness (+75) - BMA is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on BMA as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid BMA?
MarketClub looks at technical strength and momentum to determine if the timing is right for BMA.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for BMA
The long-term trend has been UP since Nov 27th, 2023 at 28.07
The intermediate-term trend has been UP since Jan 22nd, 2024 at 29.00
The short-term trend has been UP since Apr 15th, 2024 at 52.10
Smart Scan Analysis for BMA
Based on our trend formula, BMA is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 46.98 | 48.82 | 46.03 | 46.81 | -0.65 |
| Prev. Close | Volume | Bid | Ask | Time |
| 47.46 | 165200 | 2024-04-16 11:28:57 |
| Year High | 117.99 | Year High Date | 2018-01-02 |
| Year Low | 32 | Year Low Date | 2018-08-30 |
| 52wk High | 54.67 | 52wk High Date | 2024-03-25 |
| 52wk Low | 16.49 | 52wk Low Date | 2023-05-04 |
| Year End Close | 18.14 | Average Volume | 430,220 |
| Shares Outstanding | 672,708 | Short Interest | 750,490 |
| % Institutional | 12.5 | Market Cap | 1,583M |
| Assets | 176,512,200M | Liabilities | 134,028,700M |
| P/E Ratio | 75.3186 | Beta | 1.3 |
| Volatility | 57.18 |