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Stock Trend Analysis Report

Prepared for you on Friday, October 22, 2021.

Banco Macro S.A. ADR (representing Ten Class B Common Shares) (NYSE:BMA)

Strong Uptrend (+100) - BMA is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, BMA continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
18.30 18.33 17.69 18.03 -0.32
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 up The intermediate-term trend has been UP since Oct 20th, 2021 at 17.580

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 +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+100
Smart Scan Analysis for BMA
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
18.30 18.33 17.69 18.03 -0.32
Prev. Close Volume Bid Ask Time
18.02 201284 2021-10-21 15:59:47
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 Volume215,277
Shares Outstanding672,708Short Interest750,490
% Institutional12.5Market Cap1,583M
Assets810,893,000MLiabilities628,398,000M
P/E Ratio37.0782Beta1.3
Volatility57.18
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