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Stock Trend Analysis Report
Prepared for you on Thursday, April 18, 2024.
Macatawa Bank Corporation (NASDAQ:MCBC)
Strong Uptrend (+100) - MCBC is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, MCBC continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid MCBC?
MarketClub looks at technical strength and momentum to determine if the timing is right for MCBC.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for MCBC
The long-term trend has been UP since Apr 16th, 2024 at 11.43
The intermediate-term trend has been UP since Apr 15th, 2024 at 9.82
The short-term trend has been UP since Apr 15th, 2024 at 9.70
Smart Scan Analysis for MCBC
Based on our trend formula, MCBC is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 13.700 | 13.890 | 13.580 | 13.685 | +0.015 |
| Prev. Close | Volume | Bid | Ask | Time |
| 13.690 | 470327 | 2024-04-17 15:59:34 |
| Year High | 12.9199 | Year High Date | 2018-07-09 |
| Year Low | 9.5729 | Year Low Date | 2018-02-09 |
| 52wk High | 14 | 52wk High Date | 2024-04-16 |
| 52wk Low | 8.31 | 52wk Low Date | 2023-10-25 |
| Year End Close | 2.89 | Average Volume | 193,952 |
| Shares Outstanding | 34,362 | Short Interest | 593,131 |
| % Institutional | 12 | Market Cap | 358M |
| Assets | 274,869,900M | Liabilities | 246,161,400M |
| P/E Ratio | 10.8492 | Beta | 2.49 |
| Volatility | 30.73 |