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Stock Trend Analysis Report

Prepared for you on Tuesday, October 19, 2021.

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.

NYSE_BMA
Open High Low BMA Price Change
17.39 17.39 16.81 17.23 +0.11
Entry Signal

MarketClub’s Trade Triangles for BMA

long term up The long-term trend has been UP since May 28th, 2021 at 16.405

intermediate term down The intermediate-term trend has been DOWN since Sep 20th, 2021 at 17.330

short term up The short-term trend has been UP since Oct 15th, 2021 at 16.930

Smart Scan Analysis for BMA

Based on our trend formula, BMA is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for BMA
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.39 17.39 16.81 17.23 +0.11
Prev. Close Volume Bid Ask Time
17.12 175085 2021-10-19 14:20:09
Year High117.99Year High Date2018-01-02
Year Low32Year Low Date2018-08-30
52wk High21.252wk High Date2021-09-13
52wk Low11.4552wk Low Date2020-10-28
Year End Close18.14Average Volume207,180
Shares Outstanding672,708Short Interest750,490
% Institutional12.5Market Cap1,583M
Assets810,893,000MLiabilities628,398,000M
P/E Ratio35.2263Beta1.3
Volatility57.18
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