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NASDAQ Stock MCBC Historical charts - Macatawa Bank Corporation

Historical charts for Stock MCBC - Share Macatawa Bank Corporation trades in NASDAQ under Finance Deals in Major Banks

Moving Averages for

  • 5Day Average: 14.86
  • 12Day Average: 14.8
  • 20Day Average: 14.75
  • 50Day Average: 14.33
  • 100Day Average: 13.18
  • 150Day Average: 12.26

MCBC Indicators & signals

Indicator MACD (12,26,9)

14.8, 14.65, 0.17
Indicator MACD is in positive zone

Indicator ADX (14)

6.67, 33.33, 29.17
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 54
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of MCBC are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
31 Wed Jul 2024 14.82 14.76 to 15.16 -0.87% 16.17 times
30 Tue Jul 2024 14.95 14.76 to 14.99 1.22% 1.2 times
29 Mon Jul 2024 14.77 14.69 to 14.97 -0.94% 0.88 times
26 Fri Jul 2024 14.91 14.82 to 14.98 0.54% 0.59 times
25 Thu Jul 2024 14.83 14.67 to 14.94 1.3% 0.91 times
24 Wed Jul 2024 14.64 14.63 to 14.91 -1.74% 1.01 times
23 Tue Jul 2024 14.90 14.79 to 15.00 0.34% 1.67 times
22 Mon Jul 2024 14.85 14.56 to 14.85 1.5% 0.9 times
19 Fri Jul 2024 14.63 14.62 to 14.72 -0.2% 0.91 times
18 Thu Jul 2024 14.66 14.58 to 14.83 -1.15% 0.77 times
17 Wed Jul 2024 14.83 14.74 to 14.85 0.14% 1.16 times
16 Tue Jul 2024 14.81 13.85 to 14.82 0.27% 2.17 times

Technical analysis forecast of MCBC Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in MCBC MCBC at this time. Stock is rising and might rise more.

It appears as if MCBC MCBC gave a large move recently.

Stock of MCBC (MCBC) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

My analysis of MCBC is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if MCBC stays above 14.8, but if it comes below 14.8, then a intra day sell could be more profitable.
If you take a sell trade below 14.8, then use 14.8 as stoploss and 14.72 as target. However if you take a buy trade in MCBC, then use 14.8 as stoploss and 15 as target.

Tomorrow's movement Prediction of MCBC is showing signs of weakness. Either there is a negative sentiment following this stock or an Elephant sold off here.

Munafa value: 45

If this Munafa value is near or nearing 100, then this stock might show an upward movement. However, if this value is near or nearing 10, then this stock might very well show a downward movement.

If the Munafa value is near 50, then the stock might show a sideways movement.

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NASDAQ Stock MCBC Historical charts - Share Macatawa Bank Corporation

 

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