Banco Macro S.A. ADR (representing Ten Class B

Stage 4 · Declining · week 5

As of Oct 22, 2026, Banco Macro S.A. ADR (representing Ten is in Stage 4, the downtrend phase, now in week 5 (since Sep 22, 2026). It closed at $62.95, 38.2% below its 52-week high and below its 200-day average, which is falling.

Banco Macro S.A. provides various banking products and services to retail and corporate customers in Argentina. More about the company

$62.95

-2.15% today

$4.0B · Mid cap

Market Neutral — Building

Pro read

Pro

Our read

Declining, below its long-term trend

Setup score

—

Momentum

Steady

Edge

—

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Stage Cycle Timeline2023-08-16 → 2026-10-22

S2 33w

S2 26w

S4 19w

2023-08-162026-10-22

S1S2S3S4Setup score (0–10, dashed line at 5)

S2 5w → S3 7w → S4 3w → S3 1w → S2 33w → S3 6w → S2 26w → S3 10w → S2 5w → S3 1w → S4 19w → S1 5w → S2 12w → S3 12w → S2 12w → S3 4w → S4 4w current

Total tracked: 164 weeks across 17 stage runs.

BMA among Banks - Regional220th of 319 by relative strength

All 319 →

Stocks in Banks - Regional ranked by relative strength, with stage and one-month change
#	Stock	Stage	RS	1M
1	OPHCOptimumBank Holdings, Inc.	Stage 2 · wk 38	96	−1.0%
2	MSBIMidland States Bancorp, Inc.	Stage 2 · wk 43	95	+1.8%
3	CMTVCommunity Bancorp.	Stage 2 · wk 72	94	+11.5%
4	VBNKVersaBank	Stage 2 · wk 25	94	−0.9%
5	AMALAmalgamated Financial Corp.	Stage 3 · wk 2	94	+8.1%
6	BOTJBank of the James Financial Group, Inc.	Stage 2 · wk 58	93	+9.0%
7	ATLOAmes National Corporation	Stage 2 · wk 68	92	+9.5%
8	RBKBRhinebeck Bancorp, Inc.	Stage 2 · wk 38	92	+0.9%
…220	BMABanco Macro S.A. ADR (representing Ten Class B	Stage 4 · wk 5	71	−12.6%

vs 52W High

-38.2%

$53.73 lo$101.91 hi

38.2% below 52W high, deep Stage 4 damage

In Stage 4, distance from the 52-week high reflects an ongoing decline, not a discount.

Stage Maturity

Week 5

1w13w26w

Week 5, early Stage 4 decline

How long this stock has been in Stage 4 decline. The longer the downtrend, the more entrenched the selling pressure. No length of decline marks a bottom on its own.

vs 200 DMA

-22.0%

200 DMA: $80.74 · sloping down

In Stage 4, the stock is below its 200-day average, the hallmark of a downtrend. Stage analysis waits for that to reverse before buying.

Rel Volume

0.91x

vs 50-day avg

High volume on down days in Stage 4 confirms institutional selling. Low-volume bounces are typical. They lack real buyers and are easy to mistake for reversals.

Trend Health

↓

Short-term trend rolling over

Two reads of momentum. The arrow shows the direction of the short-term trend: rising (↑ or ↗), flat (→) or rolling over (↓). The ⇈ mark appears when our trend model reads the move as gaining speed on top of the longer trend. Strongest when both agree.

-12.6%

-29.4%

-14.5%

YTD

-26.9%

+21.9%

Scan Membership

Breakout Watch

Latest: 2025-05-19

11 appearances in last 60 days. First seen: 2019-03-13.

A stock that keeps qualifying week after week does so because its Stage 2 structure keeps holding. Staying power in the scan says more about the trend than any single appearance.

Recent Stage Timeline

2026-10-22S4

Wk 5 · Vol 0.91x

2026-10-21S4

Wk 5 · Vol 1.66x

2026-10-20S4

Wk 5 · Vol 1.19x

2026-10-19S4

Wk 4 · Vol 0.88x

2026-10-16S4

Wk 4 · Vol 0.80x

2026-10-15S4

Wk 4 · Vol 0.70x

2026-10-14S4

Wk 4 · Vol 0.70x

2026-10-13S4

Wk 4 · Vol 0.89x

2026-10-12S4

Wk 3 · Vol 0.63x

2026-10-09S4

Wk 3 · Vol 0.51x

2026-10-08S4

Wk 3 · Vol 0.79x

2026-10-07S4

Wk 3 · Vol 1.08x

Moving averages & range

50 DMA

$72.20

200 DMA

$80.74

52W High

$101.91

52W Low

$53.73

5D Low

$62.92

Resistance levels (recent highs)

20d High

$68.86

60d High

$94.23

120d High

$101.08

250d High

$101.91

Next resistance

+9.4%

to 20d High

P/E (TTM)

12.9

Forward 5.6

Earnings Growth (YoY)

+3.5%

Revenue +1.2%

ROE

+7.1%

Profit margin +9.0%

Dividend Yield

7.08%

P/B 1.0

Banco Macro S.A. ADR (representing Ten: quick answers

What stage is Banco Macro S.A. ADR (representing Ten in?

As of Oct 22, 2026, Banco Macro S.A. ADR (representing Ten (BMA) is in Stage 4, the downtrend phase. It entered Stage 4 on Sep 22, 2026 and is in week 5. What the four stages mean

Is Banco Macro S.A. ADR (representing Ten in an uptrend?

No. Banco Macro S.A. ADR (representing Ten is in a Stage 4 downtrend. It trades 22.0% below its 200-day average, which is falling.

How far is Banco Macro S.A. ADR (representing Ten from its 52-week high?

Banco Macro S.A. ADR (representing Ten closed at $62.95 on Oct 22, 2026, 38.2% below its 52-week high of $101.91. Its 52-week low is $53.73.

How has Banco Macro S.A. ADR (representing Ten performed over the past year?

As of Oct 22, 2026, Banco Macro S.A. ADR (representing Ten is up 21.9% over the past year and down 26.9% so far in 2026.

Which sector and industry is Banco Macro S.A. ADR (representing Ten in?

Banco Macro S.A. ADR (representing Ten is in the Banks - Regional industry, part of the Financials sector.

About this companyFinancials· Banks - Regional

Banco Macro S.A. provides various banking products and services to retail and corporate customers in Argentina. It offers various retail banking products and services, such as savings and checking accounts, time deposits, credit and debit cards, consumer finance loans, mortgage loans, automobile loans, overdrafts, credit-related services, home and car insurance coverage, tax collection, utility payments, automated teller machines, and money transfers. The company also provides personal loans, document discounts, residential mortgages, overdrafts, pledged loans, and credit card loans to retail customers. In addition, it offers corporate banking products and services, including deposits, lending, check cashing advances and factoring, guaranteed loans, credit lines for financing foreign trade, and cash management services; and trust, payroll, and financial agency services, as well as corporate credit cards and other specialty products; and working capital facilities, credit for investment projects, and leasing and foreign trade transactions. Further, the company provides transaction services, such as cash management, collection services, payments to suppliers, payroll services, foreign exchange transactions, and foreign trade services; information services to corporate customers; and internet and mobile banking services. Additionally, it offers short-term and medium-to-long-term corporate lending products. Banco Macro S.A. was incorporated in 1966 and is headquartered in Buenos Aires, Argentina.

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All analytics based on EOD data. Data as of 2026-10-22. Past data patterns are not indicative of future results. This page is a data analytics tool only.