
Stock Trend Analysis Report
Prepared for you on Saturday, September 23, 2023.
Banco Macro S.A. ADR (representing Ten Class B Common Shares) (NYSE:BMA)
Weak Downtrend (-65) - BMA is showing signs of a strengthening downtrend. Monitor BMA as it may be building momentum to the downside.
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 Jan 5th, 2023 at 17.1299
The intermediate-term trend has been DOWN since Sep 21st, 2023 at 22.5400
The short-term trend has been DOWN since Sep 20th, 2023 at 23.2200
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 |
---|---|---|---|---|
22.41 | 22.73 | 21.74 | 21.82 | -0.46 |
Prev. Close | Volume | Bid | Ask | Time |
21.85 | 146467 | 2023-09-22 15:59:54 |
Year High | 117.99 | Year High Date | 2018-01-02 |
Year Low | 32 | Year Low Date | 2018-08-30 |
52wk High | 28.07 | 52wk High Date | 2023-08-29 |
52wk Low | 12.38 | 52wk Low Date | 2022-11-21 |
Year End Close | 18.14 | Average Volume | 278,237 |
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 | 61.7174 | Beta | 1.3 |
Volatility | 57.18 |