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Stock Trend Analysis Report
Prepared for you on Friday, May 10, 2024.
Middlefield Banc Corp. (NASDAQ:MBCN)
Bear Market Rally (-75) - MBCN is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on MBCN as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid MBCN?
MarketClub looks at technical strength and momentum to determine if the timing is right for MBCN.
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 MBCN
The long-term trend has been DOWN since Feb 6th, 2024 at 25.2600
The intermediate-term trend has been UP since May 1st, 2024 at 23.0060
The short-term trend has been DOWN since May 9th, 2024 at 22.8501
Smart Scan Analysis for MBCN
Based on our trend formula, MBCN is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 23.39 | 22.67 | 21.71 | 22.08 | -1.13 |
| Prev. Close | Volume | Bid | Ask | Time |
| 22.40 | 8984 | 2024-05-09 15:59:06 |
| Year High | 54.9 | Year High Date | 2018-04-16 |
| Year Low | 44.03 | Year Low Date | 2018-11-27 |
| 52wk High | 37 | 52wk High Date | 2023-12-15 |
| 52wk Low | 21.36 | 52wk Low Date | 2024-05-01 |
| Year End Close | 25.25 | Average Volume | 7,383 |
| Shares Outstanding | 8,093 | % Institutional | 0.9 |
| Market Cap | 156M | Assets | 182,288,300M |
| Liabilities | 161,720,200M | P/E Ratio | 10.4673 |
| Beta | 0.28 | Volatility | 25.85 |