(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 2024-06-20 View latest technical analysis
10 day averaged volume of Macatawa Bank is 71170
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Thu Jun 2024 | 14.29 | 14.05 | 14.36 | 13.78 | 3.702 times |
| 18 Tue Jun 2024 | 13.77 | 13.72 | 13.83 | 13.63 | 1.12 times |
| 18 Tue Jun 2024 | 13.77 | 13.72 | 13.83 | 13.63 | 1.12 times |
| 17 Mon Jun 2024 | 13.73 | 13.47 | 13.73 | 13.40 | 0.835 times |
| 14 Fri Jun 2024 | 13.47 | 13.47 | 13.50 | 13.40 | 0.919 times |
| 13 Thu Jun 2024 | 13.56 | 13.80 | 13.80 | 13.52 | 0.867 times |
| 12 Wed Jun 2024 | 13.75 | 13.90 | 14.03 | 13.69 | 1.529 times |
| 11 Tue Jun 2024 | 13.62 | 13.58 | 13.69 | 13.50 | 1.189 times |
| 10 Mon Jun 2024 | 13.65 | 13.74 | 13.79 | 13.55 | 0.728 times |
| 07 Fri Jun 2024 | 13.74 | 13.72 | 13.85 | 13.72 | 0.69 times |
Stock of Macatawa Bank (MCBC) has showed a significant upmove. This could be a good time to enter in this stock!
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 14.3, for a target of 14 or 13.84
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 | 13.40 |
| Downside Target | 14.03 |
| Downside Target | 14.18 |
| Downside Target | 14.20 |
| Upside Target | 14.36 |
| Upside Target | 14.45 |
| Upside Target | 14.59 |
Intraday share price targets for Macatawa Bank (MCBC)
| Target Type | Value |
| Downside Intraday Target | 13.83 |
| Downside Intraday Target | 13.36 |
| Upside Intraday Target | 14.56 |
| Upside Intraday Target | 14.82 |
| Downside Intraday Target | 14.09 |
Weekly technical analysis of Macatawa Bank (MCBC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Thu Jun 2024 | 14.29 | 13.72 | 14.36 | 13.63 | 2.467 times |
| 18 Tue Jun 2024 | 13.77 | 13.47 | 13.83 | 13.40 | 0.374 times |
| 14 Fri Jun 2024 | 13.47 | 13.74 | 14.03 | 13.40 | 1.038 times |
| 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 |
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 |
| 20 Thu Jun 2024 | 14.29 | 14.18 | 14.36 | 13.40 | 0.471 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 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 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 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 to mid 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 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 BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Macatawa Bank in short term but the sell 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
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 and BUY 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 13.86 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 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 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 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 to mid 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 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 BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Macatawa Bank in short term but the sell 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
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 and BUY 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 13.86 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.