MIDDLEFIELD BANC CORP (MBCN) Stock Technical Analysis
NASDAQ:MBCN - Nasdaq - US5963042040 - Common Stock - Currency: USD
Overall MBCN gets a technical rating of 5 out of 10. In the last year, MBCN was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
Warning: MBCN has an average volume of 9604 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When compared to the yearly performance of all other stocks, MBCN outperforms 61% of them, which is more or less in line with the market.
MBCN is an average performer in the Banks industry, it outperforms 63% of 393 stocks in the same industry.
MBCN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MBCN is lagging the market.
In the last month MBCN has a been trading in the 27.11 - 32.49 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, MBCN does present a nice setup opportunity. Prices have been consolidating lately.
More info and screens
24.64
32.91
3 important support areas can be observed.
- Support @28.81 from a horizontal line in the daily time frame.
- A support zone ranging from 28.24 to 28.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @24.89 from a trend line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 30.12 to 30.58. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 31.72 to 31.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 32.58 to 32.58. This zone is formed by a combination of multiple trend lines in the weekly time frame.
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 | NEUTRAL | NEUTRAL | The short term trend for MBCN is neutral. |
| ChartMill Relative Strength | 61.32 | NEUTRAL | MBCN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MBCN is below a declining 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) | 48.49 | NEUTRAL | The RSI value for MBCN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests MBCN has a negative trend. |
| Stochastics (14,3) | 66.48 | NEUTRAL | The Stochastics value for MBCN is a neutral value. |
| Average True Range in percent/ATR (20) | 3.91 | MEDIUM VOLATILITY | The ATR as a percentage value for MBCN suggests some volalility. |
| Average Directional Index/ADX (14) | 19.9 | NEGATIVE | The low ADX value for MBCN suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
NASDAQ:MBCN (7/28/2025, 1:22:22 PM)
29.89
-0.07 (-0.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.23%
1 Week0.67%
2 Weeks-1.19%
1 Month-0.47%
3 Month16.49%
6 Month22.19%
12 Month3.81%
2 Year2.39%
3 Year14.39%
5 Year69.84%
10 Year90.22%
15 YearN/A
Volatility
ATR(14)1.25
ATR(20)%3.91%
ATR Inc15.46%
Range Today0.22
ADR(20)1.05
ADR(20)%3.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS61.32
Mansfield-0.18
10 Day High32.49
10 Day Low27.11
20 Day High32.49
20 Day Low27.11
52 Week High34
52 Week Low22.32
CS1 End28.81
CR1 Start30.12
Volume & EV
DER(3)-21.32%
DER(5)-3.7%
Volume877
Volume Incr-54.92%
Vol(5)5.48K
Vol(50)9.60K