Technical Analysis for MCBC - Macatawa Bank Corporation

Grade Last Price % Change Price Change
C 9.71 -1.02% -0.10
MCBC closed down 1.02 percent on Thursday, April 22, 2021, on 60 percent of normal volume.

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Down
Historical MCBC trend table...

Date Alert Name Type % Chg
20 DMA Resistance Bearish 0.00%
Bollinger Band Squeeze Range Contraction 0.00%
Earnings Movers Other 0.00%
Crossed Above 50 DMA Bullish -1.02%
Bollinger Band Squeeze Range Contraction -1.02%
Earnings Movers Other -1.02%
BB Squeeze + Lower Band Touch Range Contraction -1.02%
Lower Bollinger Band Touch Weakness -1.02%
Fell Below 50 DMA Bearish 1.36%
Bollinger Band Squeeze Range Contraction 1.36%
Older End-of-Day Signals for MCBC ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
20 DMA Resistance about 11 hours ago
Up 1% about 11 hours ago
10 DMA Support about 11 hours ago
Rose Above 10 DMA about 11 hours ago
Down 1% about 11 hours ago
View Earlier Intraday Alerts

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Macatawa Bank Corporation Description

Macatawa Bank Corporation operates as the holding company for Macatawa Bank that provides commercial and personal banking services in western Michigan. The company offers a range of deposit products, such as business and consumer checking accounts, regular and money market savings accounts, certificates of deposits, demand deposits, and various types of time deposits. Its loan portfolio includes commercial and industrial loans to finance operations and equipment; and commercial real estate loans primarily comprising construction and development loans, and multi-family and other non-residential real estate loans. The company also provides retail loans, including residential mortgages; and consumer loans, such as automobile loans, home equity lines of credit and installment loans, home improvement loans, deposit account loans, and other loans for household and personal purposes. In addition, it offers cash management services; safe deposit boxes; trust services, including financial planning, investment management, trust and estate administration, and custodial services; and brokerage services, such as discount brokerage services, personal financial planning, and mutual funds consultation services. Further, the company provides ATMs, Internet and telephone banking services, and debit cards. As of April 26, 2012, it operated a network of 26 full service branches in Kent County, Ottawa County, and northern Allegan County, Michigan. Macatawa Bank Corporation serves individuals, businesses, associations, churches, nonprofit organizations, financial institutions, and government authorities. The company was founded in 1997 and is headquartered in Holland, Michigan.


Classification

Sector: Financial Services
Industry: Banks - Regional - US
Keywords: Banking Bank Investment Management Deposit Products Real Estate Loans Demand Deposit Trust Services Cash Management Services Residential Real Estate Loans Telephone Banking Personal Banking Custodial Services Telephone Banking Services Discount Brokerage Discount Brokerage Services Offers Cash Management Services Retail Loan Retail Loans R & G Financial Corporation Finance Operation Ottawa County

Is MCBC a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 10.66
52 Week Low 6.15
Average Volume 66,850
200-Day Moving Average 8.18
50-Day Moving Average 9.65
20-Day Moving Average 9.92
10-Day Moving Average 9.84
Average True Range 0.25
ADX 17.87
+DI 19.52
-DI 19.99
Chandelier Exit (Long, 3 ATRs ) 9.51
Chandelier Exit (Short, 3 ATRs ) 10.29
Upper Bollinger Band 10.18
Lower Bollinger Band 9.66
Percent B (%b) 0.1
BandWidth 5.22
MACD Line 0.00
MACD Signal Line 0.06
MACD Histogram -0.0552
Fundamentals Value
Market Cap 331.12 Million
Num Shares 34.1 Million
EPS 0.86
Price-to-Earnings (P/E) Ratio 11.29
Price-to-Sales 3.41
Price-to-Book 1.18
PEG Ratio 4.62
Dividend 0.32
Dividend Yield 3.30%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 10.07
Resistance 3 (R3) 10.11 10.02 10.01
Resistance 2 (R2) 10.02 9.93 10.01 9.99
Resistance 1 (R1) 9.87 9.88 9.83 9.83 9.97
Pivot Point 9.78 9.78 9.76 9.77 9.78
Support 1 (S1) 9.63 9.69 9.59 9.59 9.45
Support 2 (S2) 9.54 9.64 9.53 9.43
Support 3 (S3) 9.39 9.54 9.41
Support 4 (S4) 9.35