Technical Analysis for MCBC - Macatawa Bank Corporation

Grade Last Price % Change Price Change
grade A 12.52 0.64% 0.08
MCBC closed up 0.64 percent on Tuesday, June 19, 2018, on 3.19 times normal volume.

Trend Table & Recent Alerts
ADX Long-Term Intermediate-Term Short-Term
Strong Up Up Up
See historical MCBC trend table...

Date Alert Name Type % Chg
Jun 19 Volume Surge Other 0.00%
Jun 19 Up 3 Days in a Row Strength 0.00%
Jun 19 Up 4 Days in a Row Strength 0.00%
Jun 19 Up 5 Days in a Row Strength 0.00%
Jun 18 Up 3 Days in a Row Strength 0.64%
Jun 18 Up 4 Days in a Row Strength 0.64%
Jun 15 Up 3 Days in a Row Strength 1.21%
Jun 14 Bullish Engulfing Bullish 2.62%
Jun 13 Hammer Candlestick Bullish 3.30%
Jun 13 1,2,3 Pullback Bullish Bullish Swing Setup 3.30%

Older signals for MCBC ...

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Profile
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.
Is MCBC a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 4 bullish, 0 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 12.65
52 Week Low 8.7711
Average Volume 32,731
200-Day Moving Average 10.3585
50-Day Moving Average 11.3188
20-Day Moving Average 12.155
10-Day Moving Average 12.332
Average True Range 0.2289
ADX 42.42
+DI 33.96
-DI 12.46
Chandelier Exit (Long, 3 ATRs ) 11.9633
Chandelier Exit (Short, 3 ATRs ) 11.9567
Upper Bollinger Band 12.762
Lower Bollinger Band 11.548
Percent B (%b) 0.8
BandWidth 9.987659
MACD Line 0.3128
MACD Signal Line 0.3392
MACD Histogram -0.0264
Fundamentals Value
Market Cap 424.9 Million
Num Shares 33.9 Million
EPS 0.53
Price-to-Earnings (P/E) Ratio 23.62
Price-to-Sales 4.98
Price-to-Book 2.04
PEG Ratio 4.58
Dividend 0.20
Dividend Yield 1.60%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 12.96
Resistance 3 (R3) 12.92 12.73 12.88
Resistance 2 (R2) 12.73 12.62 12.75 12.86
Resistance 1 (R1) 12.63 12.55 12.68 12.67 12.83
Pivot Point 12.44 12.44 12.47 12.46 12.44
Support 1 (S1) 12.34 12.33 12.39 12.38 12.21
Support 2 (S2) 12.15 12.26 12.17 12.18
Support 3 (S3) 12.05 12.15 12.16
Support 4 (S4) 12.09