Technical Analysis for MFNC - Mackinac Financial Corporation

Grade Last Price % Change Price Change
grade B 15.8 1.22% 0.19
MFNC closed up 1.22 percent on Tuesday, November 19, 2019, on approximately normal volume. It was able to find support at its 50 day moving average. It was able to bounce off of its 200 day moving average, an important long-term support line.

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

Date Alert Name Type % Chg
200 DMA Support Bullish 0.00%
50 DMA Support Bullish 0.00%
Crossed Above 20 DMA Bullish 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
Cup with Handle Other 0.00%
200 DMA Support Bullish 1.22%
50 DMA Support Bullish 1.22%
Cup with Handle Other 1.22%
Down 3 Days in a Row Weakness 1.22%
20 DMA Resistance Bearish 0.83%

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 Retail Banking Products Michigan 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, 0 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 16.34
52 Week Low 12.6
Average Volume 11,194
200-Day Moving Average 15.5108
50-Day Moving Average 15.5774
20-Day Moving Average 15.737
10-Day Moving Average 15.672
Average True Range 0.3099
ADX 11.1
+DI 16.6694
-DI 20.1365
Chandelier Exit (Long, 3 ATRs ) 15.3203
Chandelier Exit (Short, 3 ATRs ) 16.0297
Upper Bollinger Band 16.0018
Lower Bollinger Band 15.4722
Percent B (%b) 0.62
BandWidth 3.365317
MACD Line 0.0497
MACD Signal Line 0.0717
MACD Histogram -0.022
Fundamentals Value
Market Cap 99.45 Million
Num Shares 6.29 Million
EPS 1.10
Price-to-Earnings (P/E) Ratio 14.36
Price-to-Sales 2.45
Price-to-Book 1.20
PEG Ratio 0.00
Dividend 0.48
Dividend Yield 3.04%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 16.25
Resistance 3 (R3) 16.20 16.00 16.18
Resistance 2 (R2) 16.00 15.89 16.03 16.15
Resistance 1 (R1) 15.90 15.81 15.95 15.95 16.12
Pivot Point 15.70 15.70 15.73 15.73 15.70
Support 1 (S1) 15.60 15.59 15.65 15.65 15.48
Support 2 (S2) 15.40 15.51 15.43 15.45
Support 3 (S3) 15.30 15.40 15.43
Support 4 (S4) 15.35