Banco Stock Technical Analysis

BMA
 Stock
  

USD 11.63  0.43  3.84%   

As of the 3rd of July, Banco Macro shows the risk adjusted performance of (0.24), and Mean Deviation of 2.2. 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. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We have collected data for nineteen technical drivers for Banco Macro SA, which can be compared to its rivals. Please confirm Banco Macro SA maximum drawdown, semi variance, and the relationship between the jensen alpha and potential upside to decide if Banco Macro SA is priced correctly, providing market reflects its regular price of 11.63 per share. Given that Banco Macro has jensen alpha of (0.28), we suggest you to validate Banco Macro SA's prevailing market performance to make sure the company can sustain itself at a future point.
  
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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 Analyst Consensus

Target PriceAdvice# of Analysts
12.5Sell2Odds
Banco Macro SA current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Banco analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Banco stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Banco Macro SA, talking to its executives and customers, or listening to Banco conference calls.
Banco Analyst Advice Details
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

Indicator
The output start index for this execution was one with a total number of output elements of sixty. The True Range is a measure of Banco Macro SA volatility developed by Welles Wilder.
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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   -0.07  , which may imply that the returns on investment in Banco Macro SA will continue to fail. It has 122 observation points and a regression sum of squares at 178.34, 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 stock 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.
 2019 2020 2021 2022 (projected)
Book Value per Share2.18 K3.58 K3.75 K4.04 K
Asset Turnover0.430.230.180.21

Banco Macro July 3, 2022 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.

Banco Macro July 3, 2022 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Banco stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Continue to Trending Equities. Note that the Banco Macro SA information on this page should be used as a complementary analysis to other Banco Macro's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Shere Portfolio module to track or share privately all of your investments from the convenience of any device.

Complementary Tools for Banco Stock analysis

When running Banco Macro SA 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 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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Is Banco Macro's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Banco Macro. If investors know Banco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Banco Macro listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
1.48
Market Capitalization
743.6 M
Quarterly Revenue Growth YOY
0.56
Return On Assets
0.0312
Return On Equity
0.13
The market value of Banco Macro SA is measured differently than its book value, which is the value of Banco that is recorded on the company's balance sheet. Investors also form their own opinion of Banco Macro's value that differs from its market value or its book value, called intrinsic value, which is Banco Macro's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Banco Macro's market value can be influenced by many factors that don't directly affect Banco Macro's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Banco Macro's value and its price as these two are different measures arrived at by different means. Investors typically determine Banco Macro value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Banco Macro's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.