Technical Analysis for MFNC - Mackinac Financial Corporation

Grade Last Price % Change Price Change
grade A 16.24 0.93% 0.15
MFNC closed up 0.93 percent on Wednesday, May 22, 2019, on 2.14 times normal volume. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.

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

Date Alert Name Type % Chg
Pocket Pivot Bullish Swing Setup 0.00%
Cup with Handle Other 0.00%
Upper Bollinger Band Walk Strength 0.00%
Above Upper BB Strength 0.00%
Overbought Stochastic Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%
New Downtrend Bearish 0.93%
20 DMA Support Bullish 0.93%
50 DMA Support Bullish 0.93%
Slingshot Bullish Bullish Swing Setup 0.93%

Older signals for MFNC ...

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Profile
Mackinac Financial Corporation operates as the holding company for mBank that provides commercial and retail banking products and services. The company offers interest bearing and non-interest bearing deposit products, including commercial and retail checking accounts, negotiable order of withdrawal accounts, money market accounts, individual retirement accounts, regular interest-bearing statement savings accounts, and certificates of deposit. It also provides consumer loan products, such as installment, mortgages, and home equity loans, as well as residential mortgage loans, and commercial and governmental lease financing. In addition, the company offers title insurance services. It operates approximately 7 branch offices in the Upper Peninsula of Michigan and 4 branch offices in Michigan's Lower Peninsula; and 13 automated teller machines. The company was formerly known as North Country Financial Corporation and changed its name to Mackinac Financial Corporation in December 2004. Mackinac Financial Corporation was founded in 1974 and is headquartered in Manistique, Michigan.
Financial Services Bank Texas Capital Bank Service Industries Qcr Holdings Ing Australia Accounts Ing Group Michigan Retail Banking Products Title Insurance Services Consumer Loan Products Mackinac Financial Corporation Retail Checking Accounts
Is MFNC a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 3 bullish, 2 bearish and 0 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 17.58
52 Week Low 12.6
Average Volume 9,824
200-Day Moving Average 15.4913
50-Day Moving Average 15.7334
20-Day Moving Average 15.7968
10-Day Moving Average 15.928
Average True Range 0.2937
ADX 40.84
+DI 18.1117
-DI 22.4457
Chandelier Exit (Long, 3 ATRs ) 15.4589
Chandelier Exit (Short, 3 ATRs ) 15.9812
Upper Bollinger Band 16.1848
Lower Bollinger Band 15.4088
Percent B (%b) 1.07
BandWidth 4.912387
MACD Line 0.1076
MACD Signal Line 0.0553
MACD Histogram 0.0523
Fundamentals Value
Market Cap 102.22 Million
Num Shares 6.29 Million
EPS 1.10
Price-to-Earnings (P/E) Ratio 14.76
Price-to-Sales 2.45
Price-to-Book 1.20
PEG Ratio 0.00
Dividend 0.48
Dividend Yield 2.96%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 16.83
Resistance 3 (R3) 16.76 16.50 16.73
Resistance 2 (R2) 16.50 16.35 16.53 16.69
Resistance 1 (R1) 16.37 16.26 16.44 16.44 16.66
Pivot Point 16.11 16.11 16.14 16.14 16.11
Support 1 (S1) 15.98 15.96 16.05 16.05 15.82
Support 2 (S2) 15.72 15.87 15.75 15.79
Support 3 (S3) 15.59 15.72 15.75
Support 4 (S4) 15.66