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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.

Showing technical analysis as on 2024-08-19 View latest technical analysis

10 day averaged volume of Macro Bank is 351960

Date	Daily Closing Price	Open	High	Low	Volume
19 Mon Aug 2024	57.76	56.56	58.24	56.56	0.651 times
16 Fri Aug 2024	56.59	57.80	58.75	56.51	0.868 times
15 Thu Aug 2024	59.28	59.16	60.51	58.64	1.014 times
14 Wed Aug 2024	58.37	57.11	60.50	56.83	1.554 times
13 Tue Aug 2024	56.83	55.30	56.83	54.69	0.919 times
12 Mon Aug 2024	54.69	53.31	55.20	53.05	0.937 times
09 Fri Aug 2024	52.88	51.94	53.28	51.52	0.713 times
08 Thu Aug 2024	51.47	48.93	52.26	48.40	1.234 times
07 Wed Aug 2024	47.23	48.81	49.40	47.01	0.945 times
06 Tue Aug 2024	48.00	46.74	49.25	46.35	0.586 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 56.4, but if it comes below 56.4, then a intra day sell could be more profitable.
If you take a sell trade below 56.4, then use 56.4 as stoploss and 52.63 as target. However if you take a buy trade in stock , then use 56.4 as stoploss and 60.8 as target.

Share price targets for Macro Bank (BMA)

Target Type	Value
Downside Target	42.23
Downside Target	45.67
Downside Target	47.04
Downside Target	50.02
Downside Target	53.05
Downside Target	56.56
Downside Target	56.66
Downside Target	57.57
Upside Target	58.24
Upside Target	60.51
Upside Target	67.43
Upside Target	68.24

Intraday share price targets for Macro Bank (BMA)

Target Type	Value
Downside Intraday Target	56.8
Downside Intraday Target	55.84
Upside Intraday Target	58.48
Upside Intraday Target	59.2
Downside Intraday Target	57.52

Weekly technical analysis of Macro Bank (BMA)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Mon Aug 2024	57.76	56.56	58.24	56.56	0.123 times
16 Fri Aug 2024	56.59	53.31	60.51	53.05	1.124 times
09 Fri Aug 2024	52.88	43.35	53.28	42.23	1.705 times
02 Fri Aug 2024	47.24	52.02	54.21	47.04	1.285 times
26 Fri Jul 2024	51.88	53.07	55.34	50.72	0.619 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
19 Mon Aug 2024	57.76	52.95	60.51	42.23	0.859 times
31 Wed Jul 2024	52.82	57.57	57.57	50.02	0.604 times
28 Fri Jun 2024	57.33	66.45	68.24	54.49	0.787 times
31 Fri May 2024	66.29	53.71	67.43	51.58	1.112 times

Scroll below to view daily charts

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)

Price action analysis of Macro Bank ( (BMA) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Macro Bank ( (BMA) ) based on a short 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 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 neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Macro Bank stock for short term is BUY. Signal strength is Weak 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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Macro Bank in short term and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 54.66 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.