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(BMA) Macro Bank complete technical analysis [charts+indicators] | Buy/Sell Macro Bank | (BMA) share price targets

Complete technical analysis of Macro Bank (BMA) by charts plus indicators, forecast predictions and share price targets for Macro Bank (BMA)

Macro Bank trades in USA in Finance sector.

10 day averaged volume of Macro Bank is 490977

Date Daily Closing Price Open High Low Volume
16 Thu May 2024 65.05 66.90 66.90 64.75 0.583 times
15 Wed May 2024 66.90 64.15 67.43 63.93 0.943 times
14 Tue May 2024 63.15 61.24 63.68 60.54 0.677 times
13 Mon May 2024 61.27 62.28 62.97 60.06 0.544 times
10 Fri May 2024 62.40 64.35 64.85 62.30 0.678 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 63.8, but if it comes below 63.8, then a intra day sell could be more profitable.
If you take a sell trade below 63.8, then use 63.8 as stoploss and 57.86 as target. However if you take a buy trade in stock , then use 63.8 as stoploss and 71 as target.

Share price targets for Macro Bank (BMA)

Target Type Value
Downside Target 24.41
Downside Target 28.68
Downside Target 34.51
Downside Target 38.03
Downside Target 41.99
Downside Target 45.67
Downside Target 47.76
Downside Target 51.09
Downside Target 54.67
Downside Target 56.66
Downside Target 60.06
Downside Target 61.19
Upside Target 67.17
Upside Target 67.43

Intraday share price targets for Macro Bank (BMA)

Target Type Value
Downside Intraday Target 60.93
Downside Intraday Target 56.81
Upside Intraday Target 68.3
Upside Intraday Target 71.55
Downside Intraday Target 64.18

Weekly technical analysis of Macro Bank (BMA)

Date Weekly Closing Price Open High Low Volume
16 Thu May 2024 65.05 62.28 67.43 60.06 0.462 times
10 Fri May 2024 62.40 61.68 67.17 61.19 1.125 times
03 Fri May 2024 60.22 51.59 60.59 51.09 1.223 times
26 Fri Apr 2024 51.38 50.00 55.11 47.76 1.253 times
19 Fri Apr 2024 49.82 51.50 52.47 46.03 0.799 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Macro Bank (BMA)

Date Monthly Closing Price Open High Low Volume
16 Thu May 2024 65.05 53.71 67.43 51.58 0.604 times
30 Tue Apr 2024 54.16 48.57 56.66 45.67 1.221 times
28 Thu Mar 2024 48.18 39.92 54.67 38.03 0.998 times
29 Thu Feb 2024 39.79 33.54 41.99 28.68 0.916 times

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Macro Bank (BMA)

Indicator Name Indicator Value Indicator Signal
ADX 39, 14, 48 Buy
MACD 8, 8Buy
Stochastics 83Buy
CCI 106Sell
RSI 59Buy
OBV 3794312Sell
VWAP 63Buy
ADL 0Sell
ROC 16Buy
Force Index 0Sell

Price action analysis of Macro Bank ( (BMA) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Macro Bank ( (BMA) ) based on a short term time period is

Price action analysis of Macro Bank ( (BMA) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Macro Bank ( (BMA) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Macro Bank stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Macro Bank in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Macro Bank Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Macro Bank in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Macro Bank is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 63.48 and Macro Bank (BMA) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Macro Bank (BMA) stock. Volume based technical analysis of Macro Bank (BMA) stock is negative.

Macro Bank Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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