**#15) Banco Macro S.A.(BMA) Forecast Chart for Aug 26, 2019***

August 23, 2019
(RicochetTrader.com)

Forecast chart for

On August 23, 2019 Banco Macro S.A. had a closing price of $30.91 with 1,093,400 shares traded. The trading liquidity was $33.80M. The forecast predicted average opening price for trading date August 26, 2019 is $31.07.

Forecast chart for

**Banco Macro S.A.**( BMA ) for the next 15 trading days, starting on August 26, 2019On August 23, 2019 Banco Macro S.A. had a closing price of $30.91 with 1,093,400 shares traded. The trading liquidity was $33.80M. The forecast predicted average opening price for trading date August 26, 2019 is $31.07.

**Summary Information for Banco Macro S.A. ( BMA ).**Summary of the 10th percentile net composite return.

The best expected daily return of 2.0882% occurs on day 2 where there is a 10% chance that BMA will rise to $36.89 (+18.72%) and there is a 10% chance it will fall to $26.56 (-14.50%). There is a 20% that BMA will cross one of these price levels in 2 days, and adding the returns of +18.72% and -14.50% yields a net composite return of 4.22%. A net return of 4.22% in 2 days is an EDR of 2.0882% per day.

Summary of the 20th percentile net composite return.

The best expected daily return of 1.1731% occurs on day 2 where there is a 20% chance that BMA will rise to $34.81 (+12.05%) and there is a 20% chance it will fall to $28.06 (-9.69%). There is a 40% that BMA will cross one of these price levels in 2 days, and adding the returns of +12.05% and -9.69% yields a net composite return of 2.36%. A net return of 2.36% in 2 days is an EDR of 1.1731% per day.

Summary of the 30th percentile net composite return.

The best expected daily return of 1.0049% occurs on day 2 where there is a 30% chance that BMA will rise to $33.66 (+8.35%) and there is a 30% chance it will fall to $29.10 (-6.33%). There is a 60% that BMA will cross one of these price levels in 2 days, and adding the returns of +8.35% and -6.33% yields a net composite return of 2.02%. A net return of 2.02% in 2 days is an EDR of 1.0049% per day.

Summary of the 40th percentile net composite return.

The best expected daily return of 0.2859% occurs on day 3 where there is a 40% chance that BMA will rise to $32.74 (+5.38%) and there is a 40% chance it will fall to $29.67 (-4.52%). There is a 80% that BMA will cross one of these price levels in 3 days, and adding the returns of +5.38% and -4.52% yields a net composite return of 0.86%. A net return of 0.86% in 3 days is an EDR of 0.2859% per day.

* The forecast for

**Banco Macro S.A.**(BMA) was made using market data after the close on August 23, 2019 but is generated for the next trading day, or August 26, 2019