MIDDLEFIELD BANC CORP (MBCN) Stock Technical Analysis
USA - NASDAQ:MBCN - US5963042040 - Common Stock
Taking everything into account, MBCN scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, MBCN is only an average performer.
Besides having an excellent technical rating, MBCN also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 34.20. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 32.86, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
25.68
5 important support areas can be observed.
- A support zone ranging from 32.45 to 32.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 30.62 to 30.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 27.77 to 27.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 27.07 to 27.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @25.94 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 34.20 to 34.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for MBCN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MBCN is up. |
| ChartMill Relative Strength | 69.16 | NEUTRAL | MBCN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MBCN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of MBCN is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MBCN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.42 | NEUTRAL | The RSI value for MBCN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.28 | POSITIVE | The MACD value suggests MBCN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 73.17 | NEUTRAL | The Stochastics value for MBCN is a neutral value. |
| Average True Range in percent/ATR (20) | 3.47 | MEDIUM VOLATILITY | The ATR as a percentage value for MBCN suggests some volalility. |
| Average Directional Index/ADX (14) | 20.2 | NEUTRAL | The ADX value for MBCN suggests a possible start of a new trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 34.21 | 32.44 | 1.77 (5.17%) | 19.33% |
| An entry @34.21. This is a Buy Stop order right above the resistance zone. | An exit @32.44. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.77 points, which is 5.17%. | For a 1.00% total portfolio risk, you can invest 19.33% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of MBCN. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NASDAQ:MBCN (11/3/2025, 8:08:29 PM)
32.88
+0.28 (+0.86%)
MIDDLEFIELD BANC CORP / MBCN FAQ
What is the technical rating for MBCN stock?
ChartMill assigns a technical rating of 7 / 10 to MBCN.
Can you provide the trend direction for MIDDLEFIELD BANC CORP?
The current trend direction for MIDDLEFIELD BANC CORP (MBCN) is Bullish.
Can you provide the RSI signal for MIDDLEFIELD BANC CORP?
MIDDLEFIELD BANC CORP (MBCN) has an RSI value of 58.4197. This indicates that the stock is currently neutral.
Can you provide the MACD signal for MIDDLEFIELD BANC CORP?
The MACD indicator for MIDDLEFIELD BANC CORP (MBCN) has a value of 0.279508, indicating a bearish trend.
Can you provide the support and resistance levels for MIDDLEFIELD BANC CORP?
MIDDLEFIELD BANC CORP (MBCN) has a support level at 32.86 and a resistance level at 34.2. Check the full technical report for our detailed analysis of MBCN support and resistance levels.