Banco Macro SA (BMA, $75.09) Moving Average Convergence Divergence (MACD) Histogram turned negative on November 4, 2024

#RegionalBanks, #TechnicalAnalysis, #MACD, #Bearish, #Stocks, #MidCap
BMA - Banco Macro SA
MACD signal
Bearish Trend
79%
Odds of DOWN Trend
Price: $75.09
Daily change: -$0.56 (-0.74%)
Daily volume: 244.1K
Capitalization: $5.6B
Industry: Regional Banks

This is a Bearish indicator signaling BMA's price could decline from here. Traders may explore shorting the stock or put options. A.I. dvisor identified 39 similar cases where BMA's MACD histogram became negative, and 31 of them led to successful outcomes. Odds of Success: 79%.