Argentina To Tax Exports and Balance Its Budget
The Argentine government will tax exports to raise revenues and balance its budget a year earlier than planned. The measures follow Peso’s declines and investors' growing concerns over Argentina’s debt financing/repayment abilities.
President Mauricio Macri said that Argentina will also eliminate about half of the current cabinet ministries to curb spending. The government aims to get its budget balanced by next year and generate a budget surplus in 2020, as mentioned by Treasury Minister Nicolas Dujovne.
The peso is undergoing a rough patch in recent times. The peso fell -16% after Macri unexpectedly requested for faster payments from the IMF last Wednesday. The peso is down more than -45% against the U.S. dollar this year.
ARGT's RSI Indicator leaves overbought zone
The 10-day RSI Oscillator for ARGT moved out of overbought territory on January 30, 2026. This could be a sign that the stock is shifting from an upward trend to a downward trend. Traders may want to look at selling the stock or buying put options. Tickeron's A.I.dvisor looked at 38 instances where the indicator moved out of the overbought zone. In of the 38 cases the stock moved lower in the days that followed. This puts the odds of a move down at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on February 23, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on ARGT as a result. In of 76 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for ARGT turned negative on February 04, 2026. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 43 similar instances when the indicator turned negative. In of the 43 cases the stock turned lower in the days that followed. This puts the odds of success at .
ARGT moved below its 50-day moving average on February 25, 2026 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for ARGT crossed bearishly below the 50-day moving average on February 24, 2026. This indicates that the trend has shifted lower and could be considered a sell signal. In of 14 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where ARGT declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for ARGT entered a downward trend on March 04, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Bullish Trend Analysis
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 3 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where ARGT advanced for three days, in of 346 cases, the price rose further within the following month. The odds of a continued upward trend are .
ARGT may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
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