(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 2024-03-20 View latest technical analysis
10 day averaged volume of Macatawa Bank is 77570
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Wed Mar 2024 | 9.80 | 9.43 | 9.87 | 9.40 | 0.741 times |
| 19 Tue Mar 2024 | 9.45 | 9.33 | 9.54 | 9.33 | 0.683 times |
| 18 Mon Mar 2024 | 9.31 | 9.38 | 9.46 | 9.31 | 0.841 times |
| 15 Fri Mar 2024 | 9.35 | 9.50 | 9.65 | 9.34 | 4.431 times |
| 14 Thu Mar 2024 | 9.53 | 9.76 | 9.76 | 9.52 | 0.749 times |
| 13 Wed Mar 2024 | 9.79 | 9.77 | 9.97 | 9.74 | 0.48 times |
| 12 Tue Mar 2024 | 9.77 | 9.87 | 9.89 | 9.77 | 0.726 times |
| 11 Mon Mar 2024 | 9.88 | 9.91 | 9.92 | 9.84 | 0.273 times |
| 08 Fri Mar 2024 | 9.92 | 10.01 | 10.06 | 9.90 | 0.508 times |
| 07 Thu Mar 2024 | 9.93 | 9.92 | 10.04 | 9.85 | 0.535 times |
My analysis of stock is bullish for shortterm, and stock might move up till 9.9 or till 10.1. Use a stoploss of 9.73 and if this stock hits its stoploss, then it can fall down till 9.55
Share price targets for Macatawa Bank (MCBC)
| Target Type | Value |
| Downside Target | 9.06 |
| Downside Target | 9.31 |
| Downside Target | 9.60 |
| Upside Target | 10.06 |
| Upside Target | 10.15 |
| Upside Target | 10.24 |
| Upside Target | 10.41 |
| Upside Target | 10.72 |
| Upside Target | 11.43 |
| Upside Target | 11.91 |
Intraday share price targets for Macatawa Bank (MCBC)
| Target Type | Value |
| Downside Intraday Target | 9.45 |
| Downside Intraday Target | 9.1 |
| Upside Intraday Target | 10.01 |
| Upside Intraday Target | 10.22 |
| Downside Intraday Target | 9.66 |
Weekly technical analysis of Macatawa Bank (MCBC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Wed Mar 2024 | 9.80 | 9.38 | 9.87 | 9.31 | 0.34 times |
| 15 Fri Mar 2024 | 9.35 | 9.91 | 9.97 | 9.34 | 2.226 times |
| 08 Fri Mar 2024 | 9.92 | 9.71 | 10.06 | 9.60 | 1.017 times |
| 01 Fri Mar 2024 | 9.76 | 9.86 | 10.15 | 9.66 | 1.612 times |
| 23 Fri Feb 2024 | 9.76 | 10.12 | 10.24 | 9.68 | 0.466 times |
Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Macatawa Bank (MCBC)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 20 Wed Mar 2024 | 9.80 | 9.75 | 10.06 | 9.31 | 0.92 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 |
| 29 Fri Dec 2023 | 11.28 | 9.70 | 11.91 | 9.60 | 2.611 times |
Scroll below to view daily charts
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Macatawa Bank ( (MCBC) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Macatawa Bank ( (MCBC) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Macatawa Bank ( (MCBC) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Macatawa Bank stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Macatawa Bank in short term but the buy signal is initial and weak.
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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Macatawa Bank in short term but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 9.53 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 falling down
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 has given negative returns over a short term period. Returns for a longer term period have been negative.
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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Macatawa Bank ( (MCBC) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Macatawa Bank ( (MCBC) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Macatawa Bank ( (MCBC) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Macatawa Bank stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Macatawa Bank in short term but the buy signal is initial and weak.
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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Macatawa Bank in short term but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 9.53 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 falling down
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 has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.