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BMA Makes Bullish Cross Above Critical Moving Average

By Market News Video Staff, Friday, May 17, 4:16 PM ET
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In trading on Friday, shares of Banco Macro S.A. (NYSE:BMA) crossed above their 200 day moving average of $15.22, changing hands as high as $15.35 per share. Banco Macro S.A. shares are currently trading up about 3% on the day. The chart below shows the one year performance of BMA shares, versus its 200 day moving average:

Banco Macro S.A. 200 Day Moving Average Chart

Looking at the chart above, BMA's low point in its 52 week range is $10.74 per share, with $19.16 as the 52 week high point that compares with a last trade of $15.37.

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According to the ETF Finder at ETF Channel, BMA makes up 1.57% of the Guggenheim Frontier Markets ETF (AMEX:FRN) which is trading lower by about 0.9% on the day Friday.

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