(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 2024-05-22 View latest technical analysis
10 day averaged volume of Macatawa Bank is 115701
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Wed May 2024 | 14.07 | 14.25 | 14.25 | 14.02 | 0.856 times |
| 21 Tue May 2024 | 14.27 | 14.31 | 14.37 | 14.23 | 0.469 times |
| 20 Mon May 2024 | 14.30 | 14.44 | 14.48 | 14.30 | 0.6 times |
| 17 Fri May 2024 | 14.48 | 14.49 | 14.50 | 14.44 | 0.85 times |
| 16 Thu May 2024 | 14.43 | 14.39 | 14.46 | 14.38 | 0.812 times |
| 15 Wed May 2024 | 14.43 | 14.50 | 14.54 | 14.34 | 1.518 times |
| 14 Tue May 2024 | 14.47 | 14.44 | 14.47 | 14.38 | 0.843 times |
| 13 Mon May 2024 | 14.39 | 14.48 | 14.56 | 14.37 | 1.286 times |
| 10 Fri May 2024 | 14.48 | 14.37 | 14.49 | 14.29 | 1.328 times |
| 09 Thu May 2024 | 14.43 | 14.48 | 14.59 | 14.37 | 1.207 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 14, for a target of 14.2 or 14.33
Share price targets for Macatawa Bank (MCBC)
| Target Type | Value |
| Downside Target | 9.18 |
| Downside Target | 9.66 |
| Downside Target | 10.06 |
| Downside Target | 10.41 |
| Downside Target | 10.72 |
| Downside Target | 11.43 |
| Downside Target | 13.98 |
| Upside Target | 14.45 |
| Upside Target | 14.48 |
| Upside Target | 14.56 |
| Upside Target | 14.59 |
Intraday share price targets for Macatawa Bank (MCBC)
| Target Type | Value |
| Downside Intraday Target | 13.9 |
| Downside Intraday Target | 13.73 |
| Upside Intraday Target | 14.36 |
| Upside Intraday Target | 14.65 |
| Upside Intraday Target | 14.19 |
Weekly technical analysis of Macatawa Bank (MCBC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Wed May 2024 | 14.07 | 14.44 | 14.48 | 14.02 | 0.363 times |
| 17 Fri May 2024 | 14.48 | 14.48 | 14.56 | 14.34 | 0.795 times |
| 10 Fri May 2024 | 14.48 | 14.35 | 14.59 | 14.25 | 1.02 times |
| 03 Fri May 2024 | 14.42 | 14.41 | 14.45 | 13.98 | 0.711 times |
| 26 Fri Apr 2024 | 14.24 | 14.15 | 14.45 | 14.11 | 0.249 times |
Price has moved down 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 |
| 22 Wed May 2024 | 14.07 | 14.03 | 14.59 | 14.02 | 0.328 times |
| 30 Tue Apr 2024 | 14.00 | 9.76 | 14.45 | 9.18 | 5.028 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 |
Scroll below to view daily charts
Price has moved up 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 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Macatawa Bank ( (MCBC) ) based on a mid to longer 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.
ADX buy sell signal for Macatawa Bank stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Macatawa Bank in short term but the sell signal is initial and weak.
Macatawa Bank Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Macatawa Bank in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Macatawa Bank is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 14.39 and Macatawa Bank (MCBC) stock is trading below this level. This means that stock is falling with high volumes. 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 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 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Macatawa Bank ( (MCBC) ) based on a mid to longer 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.
ADX buy sell signal for Macatawa Bank stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Macatawa Bank in short term but the sell signal is initial and weak.
Macatawa Bank Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Macatawa Bank in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Macatawa Bank is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 14.39 and Macatawa Bank (MCBC) stock is trading below this level. This means that stock is falling with high volumes. 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.