(MCBC) Macatawa Bank complete technical analysis [charts+indicators] | Buy/Sell Macatawa Bank | (MCBC) share price targets
Complete technical analysis of Macatawa Bank (MCBC) by charts plus indicators, forecast predictions and share price targets for Macatawa Bank (MCBC)
Macatawa Bank trades in USA in Finance sector.
Showing technical analysis as on 2024-04-17 View latest technical analysis
10 day averaged volume of Macatawa Bank is 337690
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Wed Apr 2024 | 13.69 | 13.70 | 13.89 | 13.58 | 1.495 times |
| 16 Tue Apr 2024 | 13.67 | 13.77 | 14.00 | 13.66 | 6.423 times |
| 15 Mon Apr 2024 | 9.93 | 9.67 | 10.28 | 9.64 | 2.08 times |
| 12 Fri Apr 2024 | 9.59 | 9.41 | 9.70 | 9.41 | 0.259 times |
| 11 Thu Apr 2024 | 9.47 | 9.47 | 9.51 | 9.26 | 0.283 times |
| 10 Wed Apr 2024 | 9.26 | 9.53 | 9.53 | 9.18 | 0.242 times |
| 09 Tue Apr 2024 | 9.70 | 9.75 | 9.75 | 9.65 | 0.126 times |
| 08 Mon Apr 2024 | 9.70 | 9.70 | 9.76 | 9.61 | 0.139 times |
| 05 Fri Apr 2024 | 9.64 | 9.69 | 9.72 | 9.59 | 0.176 times |
| 04 Thu Apr 2024 | 9.70 | 9.73 | 9.75 | 9.67 | 0.15 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 12.7, for a target of 11.3 or 10.04
Share price targets for Macatawa Bank (MCBC)
| Target Type | Value |
| Downside Target | 9.18 |
| Downside Target | 9.82 |
| Downside Target | 9.87 |
| Downside Target | 10.06 |
| Downside Target | 10.41 |
| Downside Target | 10.72 |
| Downside Target | 11.43 |
| Downside Target | 11.91 |
| Upside Target | 14.00 |
Intraday share price targets for Macatawa Bank (MCBC)
| Target Type | Value |
| Downside Intraday Target | 10.89 |
| Downside Intraday Target | 8.08 |
| Upside Intraday Target | 15.25 |
| Upside Intraday Target | 16.8 |
| Downside Intraday Target | 12.44 |
Weekly technical analysis of Macatawa Bank (MCBC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 17 Wed Apr 2024 | 13.69 | 9.67 | 14.00 | 9.64 | 9.521 times |
| 12 Fri Apr 2024 | 9.59 | 9.70 | 9.76 | 9.18 | 1.272 times |
| 05 Fri Apr 2024 | 9.64 | 9.76 | 9.81 | 9.47 | 1.522 times |
| 28 Thu Mar 2024 | 9.79 | 9.65 | 9.82 | 9.41 | 0.703 times |
| 22 Fri Mar 2024 | 9.62 | 9.38 | 9.87 | 9.31 | 0.504 times |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Macatawa Bank (MCBC)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 17 Wed Apr 2024 | 13.69 | 9.76 | 14.00 | 9.18 | 3.208 times |
| 28 Thu Mar 2024 | 9.79 | 9.75 | 10.06 | 9.31 | 1.171 times |
| 29 Thu Feb 2024 | 9.80 | 10.70 | 10.72 | 9.66 | 0.599 times |
| 31 Wed Jan 2024 | 10.66 | 11.14 | 11.43 | 10.41 | 0.883 times |
Scroll below to view daily charts
Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.
Indicators analysis of Macatawa Bank (MCBC)
Price action analysis of Macatawa Bank ( (MCBC) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Macatawa Bank ( (MCBC) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Macatawa Bank ( (MCBC) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Macatawa Bank ( (MCBC) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Macatawa Bank stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Macatawa Bank in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Macatawa Bank Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a SELL signal for Macatawa Bank in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Macatawa Bank is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 12.49 and Macatawa Bank (MCBC) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Macatawa Bank (MCBC) stock. Volume based technical analysis of Macatawa Bank (MCBC) stock is negative.
Macatawa Bank Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Macatawa Bank ( (MCBC) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Macatawa Bank ( (MCBC) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Macatawa Bank ( (MCBC) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Macatawa Bank ( (MCBC) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Macatawa Bank stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Macatawa Bank in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Macatawa Bank Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a SELL signal for Macatawa Bank in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Macatawa Bank is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 12.49 and Macatawa Bank (MCBC) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Macatawa Bank (MCBC) stock. Volume based technical analysis of Macatawa Bank (MCBC) stock is negative.
Macatawa Bank Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.