Technical Analysis for MCBC - Macatawa Bank Corporation

Grade Last Price % Change Price Change
grade C 9.91 0.41% 0.04
MCBC closed up 0.41 percent on Friday, November 17, 2017, on approximately normal volume.
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Trend Table & Recent Alerts
ADX Long-Term Intermediate-Term Short-Term
Strong Up Down Up
See historical MCBC trend table...

Date Alert Name Type % Chg
Nov 17 Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 0.00%
Nov 16 Spinning Top Other 0.41%
Nov 16 Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 0.41%
Nov 15 NR7 Range Contraction 1.54%
Nov 15 Narrow Range Bar Range Contraction 1.54%

Older signals for MCBC ...

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Basic chart:

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: 1 bullish, 2 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 10.6052
52 Week Low 8.8244
Average Volume 35,586
200-Day Moving Average 9.6797
50-Day Moving Average 10.0101
20-Day Moving Average 9.9279
10-Day Moving Average 9.7629
Average True Range 0.1924
ADX 28.74
+DI 16.24
-DI 21.4
Chandelier Exit (Long, 3 ATRs ) 9.7694
Chandelier Exit (Short, 3 ATRs ) 10.0483
Upper Bollinger Band 10.3345
Lower Bollinger Band 9.5213
Percent B (%b) 0.48
BandWidth 8.191058
MACD Line -0.0787
MACD Signal Line -0.0758
MACD Histogram -0.0029
Fundamentals Value
Market Cap 336.32 Million
Num Shares 33.9 Million
EPS 0.53
Price-to-Earnings (P/E) Ratio 18.70
Price-to-Sales 4.98
Price-to-Book 2.04
PEG Ratio 4.58
Dividend 0.20
Dividend Yield 2.02%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 10.18
Resistance 3 (R3) 10.16 10.06 10.14
Resistance 2 (R2) 10.06 9.99 10.07 10.12
Resistance 1 (R1) 9.98 9.95 10.02 10.00 10.10
Pivot Point 9.88 9.88 9.90 9.89 9.88
Support 1 (S1) 9.80 9.81 9.84 9.82 9.72
Support 2 (S2) 9.70 9.77 9.71 9.70
Support 3 (S3) 9.62 9.70 9.69
Support 4 (S4) 9.64