Stock Trend Analysis Report
Prepared for you on Monday, May 17, 2021.
Mackinac Financial Corp (NASDAQ:MFNC)
Countertrend Up (+85) - MFNC is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid MFNC?
MarketClub looks at technical strength and momentum to determine if the timing is right for MFNC.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MFNC
The long-term trend has been UP since Oct 12th, 2020 at 10.50
The intermediate-term trend has been UP since Apr 13th, 2021 at 15.08
The short-term trend has been DOWN since May 12th, 2021 at 21.50
Smart Scan Analysis for MFNC
Based on our trend formula, MFNC is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||17.58||Year High Date||2018-07-05|
|Year Low||14.54||Year Low Date||2018-11-26|
|52wk High||22.19||52wk High Date||2021-05-07|
|52wk Low||8.08||52wk Low Date||2020-05-15|
|Year End Close||7.09||Average Volume||123,147|
|Shares Outstanding||10,550||Short Interest||7,045|
|% Institutional||52.6||Market Cap||170M|