Macro Bank's 15min chart displays KDJ Death Cross, bearish Marubozu signal.

According to the 15-minute chart of Macro Bank, a KDJ Death Cross and Bearish Marubozu occurred on June 2, 2023 at 12:15. This indicates a shift in the stock price momentum towards the downside, with a potential for further decreases. Sellers currently dominate the market, and it is likely that bearish momentum will continue.

Banco Macro (NYSE: BMA) reported its earnings results on Wednesday, May 28, 2025, with the bank's shares trading down by $1.78, hitting $90.17. The bank reported earnings per share (EPS) of $0.65, significantly missing analysts' consensus estimates of $1.76 by $1.11 [1].

The bank's financial metrics also raised concerns. Banco Macro had a return on equity of 26.55% and a net margin of 15.12%. However, the stock's performance was further impacted by a KDJ Death Cross and Bearish Marubozu on June 2, 2023, at 12:15, indicating a shift in momentum towards the downside [2].

Institutional investors have shown mixed interest in Banco Macro. NewEdge Advisors LLC bought a new position valued at about $704,000, while Jones Financial Companies LLC and Goldman Sachs Group Inc. increased their stakes significantly. However, Jane Street Group LLC raised its stake by 106.5% [1].

Wall Street analysts have a mixed sentiment towards Banco Macro. Itau BBA Securities set a "market perform" rating and a $85.00 price objective, while JPMorgan Chase & Co. boosted their price target to $89.00 with a "neutral" rating. Four analysts rated the stock with a "Hold" rating, and one analyst assigned a "Buy" rating [1].

References:
[1] https://www.marketbeat.com/instant-alerts/banco-macro-nysebma-releases-earnings-results-misses-estimates-by-111-eps-2025-05-28/
[2] Provided chart analysis.