Banco Macro (Argentina) Technical Analysis

BMA Stock  ARS 9,500  160.00  1.66%   
As of the 4th of December, Banco Macro shows the Downside Deviation of 2.6, mean deviation of 2.2, and Risk Adjusted Performance of 0.1092. Banco Macro SA technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.

Banco Macro Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Banco, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Banco
  
Banco Macro's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Banco Macro technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Banco Macro technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Banco Macro trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Banco Macro SA Technical Analysis

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The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Banco Macro SA volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Banco Macro SA Trend Analysis

Use this graph to draw trend lines for Banco Macro SA. You can use it to identify possible trend reversals for Banco Macro as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Banco Macro price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Banco Macro Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Banco Macro SA applied against its price change over selected period. The best fit line has a slop of   20.99  , which means Banco Macro SA will continue producing value for investors. It has 122 observation points and a regression sum of squares at 1.666098466E7, which is the sum of squared deviations for the predicted Banco Macro price change compared to its average price change.

About Banco Macro Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Banco Macro SA on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Banco Macro SA based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Banco Macro SA price pattern first instead of the macroeconomic environment surrounding Banco Macro SA. By analyzing Banco Macro's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Banco Macro's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Banco Macro specific price patterns or momentum indicators. Please read more on our technical analysis page.

Banco Macro December 4, 2024 Technical Indicators

Most technical analysis of Banco help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Banco from various momentum indicators to cycle indicators. When you analyze Banco charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Complementary Tools for Banco Stock analysis

When running Banco Macro's price analysis, check to measure Banco Macro's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Banco Macro is operating at the current time. Most of Banco Macro's value examination focuses on studying past and present price action to predict the probability of Banco Macro's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Banco Macro's price. Additionally, you may evaluate how the addition of Banco Macro to your portfolios can decrease your overall portfolio volatility.
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