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.
MarketClub’s Trade Triangles for BMA
The long-term trend has been UP since May 28th, 2021 at 16.405
The intermediate-term trend has been UP since Oct 20th, 2021 at 17.580
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).
|Year High||117.99||Year High Date||2018-01-02|
|Year Low||32||Year Low Date||2018-08-30|
|52wk High||21.2||52wk High Date||2021-09-13|
|52wk Low||11.45||52wk Low Date||2020-10-28|
|Year End Close||18.14||Average Volume||215,277|
|Shares Outstanding||672,708||Short Interest||750,490|
|% Institutional||12.5||Market Cap||1,583M|