(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 2024-06-07 View latest technical analysis
10 day averaged volume of Macatawa Bank is 92310
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Fri Jun 2024 | 13.74 | 13.72 | 13.85 | 13.72 | 0.532 times |
| 06 Thu Jun 2024 | 13.79 | 13.82 | 13.90 | 13.71 | 0.775 times |
| 05 Wed Jun 2024 | 13.87 | 13.89 | 13.94 | 13.83 | 0.741 times |
| 04 Tue Jun 2024 | 13.84 | 13.93 | 13.93 | 13.79 | 0.776 times |
| 03 Mon Jun 2024 | 13.96 | 14.18 | 14.18 | 13.92 | 1.063 times |
| 31 Fri May 2024 | 14.06 | 14.00 | 14.12 | 13.99 | 0.919 times |
| 30 Thu May 2024 | 14.02 | 14.05 | 14.20 | 14.00 | 1.172 times |
| 29 Wed May 2024 | 13.97 | 13.92 | 14.03 | 13.85 | 1.149 times |
| 28 Tue May 2024 | 14.05 | 14.12 | 14.12 | 13.95 | 0.828 times |
| 23 Thu May 2024 | 13.90 | 14.10 | 14.11 | 13.87 | 1.506 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 13.9, but if it comes above 13.9, then a intra day buy could be more profitable.
If you take a sell trade below 13.9, then use 13.9 as stoploss and 13.6 as target. However if you take a buy trade in stock , then use 13.9 as stoploss and 14.15 as target.
Share price targets for Macatawa Bank (MCBC)
| Target Type | Value |
| Downside Target | 9.18 |
| Downside Target | 9.66 |
| Downside Target | 10.06 |
| Downside Target | 10.72 |
| Downside Target | 13.71 |
| Upside Target | 14.18 |
| Upside Target | 14.25 |
| Upside Target | 14.34 |
| 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 | 13.57 |
| Downside Intraday Target | 13.41 |
| Upside Intraday Target | 14.04 |
| Upside Intraday Target | 14.35 |
| Upside Intraday Target | 13.88 |
Weekly technical analysis of Macatawa Bank (MCBC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Fri Jun 2024 | 13.74 | 14.18 | 14.18 | 13.71 | 0.955 times |
| 31 Fri May 2024 | 14.06 | 14.12 | 14.20 | 13.85 | 1.038 times |
| 23 Thu May 2024 | 13.90 | 14.44 | 14.48 | 13.87 | 0.589 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 |
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 |
| 07 Fri Jun 2024 | 13.74 | 14.18 | 14.18 | 13.71 | 0.139 times |
| 31 Fri May 2024 | 14.06 | 14.03 | 14.59 | 13.85 | 0.41 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 |
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 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 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 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 losing 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 and the buying is gaining 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 13.93 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 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 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 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 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 losing 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 and the buying is gaining 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 13.93 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.