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Stock Trend Analysis Report

Prepared for you on Saturday, April 10, 2021.

Macatawa Bank Corp (NASDAQ:MCBC)

Weak Uptrend (+65) - MCBC is showing signs of weakening momentum to the upside. Monitor MCBC as it may be in the beginning stages of a reversal.

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.

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NASDAQ_MCBC
Open High Low MCBC Price Change
10.02 10.09 9.86 9.95 -0.04
Entry Signal

MarketClub’s Trade Triangles for MCBC

long term up The long-term trend has been UP since Nov 9th, 2020 at 7.97

intermediate term up The intermediate-term trend has been UP since Feb 22nd, 2021 at 8.80

short term down The short-term trend has been DOWN since Apr 7th, 2021 at 9.85

Smart Scan Analysis for MCBC

Based on our trend formula, MCBC is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for MCBC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.02 10.09 9.86 9.95 -0.04
Prev. Close Volume Bid Ask Time
9.94 23475 2021-04-09 15:59:48
Year High12.9199Year High Date2018-07-09
Year Low9.5729Year Low Date2018-02-09
52wk High10.6652wk High Date2021-03-12
52wk Low6.1552wk Low Date2020-05-14
Year End Close2.89Average Volume79,682
Shares Outstanding34,198Short Interest593,131
% Institutional12Market Cap358M
Assets264,202,600MLiabilities240,218,300M
P/E Ratio11.3523Beta2.49
Volatility30.73
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