35.99 USD
+0.21 (+0.59%)
35.99 USD
0 (0%)
Overall MBCN gets a technical rating of 9 out of 10. Both in the recent history as in the last year, MBCN has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Warning: MBCN has an average volume of 16429 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 may just continue or reversal may be around the corner!
- When comparing the yearly performance of all stocks, we notice that MBCN is one of the better performing stocks in the market, outperforming 85% of all stocks. We also observe that the gains produced by MBCN over the past year are nicely spread over this period.
- MBCN is one of the better performing stocks in the Banks industry, it outperforms 81% of 383 stocks in the same industry.
- MBCN is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so MBCN is lagging the market slightly.
- In the last month MBCN has a been trading in the 33.51 - 36.52 range, which is quite wide. It is currently trading near the high of this range.
Although MBCN has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
26.80
37.93
We found 4 important support areas.
- Support @35.61 from a trend line in the weekly time frame.
- A support zone ranging from 33.84 to 34.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 29.22 to 29.51. 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.
When analyzing the resistance we notice one important area.
- Resistance @37.55 from a horizontal line in the daily 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 | 85.7 | POSITIVE | MBCN has a high relative strength, it outperformed 85.7% off all stocks 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) | UP | POSITIVE | The current price of MBCN is above the rising 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) | 57.79 | NEUTRAL | The RSI value for MBCN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests MBCN has a positive trend. |
| Stochastics (14,3) | 73.24 | NEUTRAL | The Stochastics value for MBCN is a neutral value. |
| Average True Range in percent/ATR (20) | 2.25 | MEDIUM VOLATILITY | The ATR as a percentage value for MBCN suggests some volalility. |
| Average Directional Index/ADX (14) | 19.49 | 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)
35.99
+0.21 (+0.59%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.59%
1 Week4.32%
2 Weeks6.32%
1 Month0.57%
3 Month5.26%
6 Month20.13%
12 Month46.78%
2 Year36.33%
3 Year32.32%
5 Year75.56%
10 Year118.12%
15 YearN/A
Volatility
ATR(14)0.87
ATR(20)%2.25%
ATR Inc71.09%
Range Today0.92
ADR(20)0.7
ADR(20)%1.95%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.7
3 months CRS69.41
6 months CRS80.84
Mansfield0.87
10 Day High36.52
10 Day Low33.51
20 Day High36.52
20 Day Low33.51
52 Week High37.67
52 Week Low22.74
CS1 End35.61
CR1 Start37.55
Volume & EV
DER(3)1.8%
DER(5)2.4%
Volume31.50K
Volume Incr31.66%
Vol(5)19.29K
Vol(50)16.43K
MIDDLEFIELD BANC CORP / MBCN FAQ
What is the technical rating for MBCN stock?
ChartMill assigns a technical rating of 9 / 10 to MBCN.
What is the trend direction for MBCN stock?
The current trend direction for MIDDLEFIELD BANC CORP (MBCN) is Bullish.
What is the RSI signal for MIDDLEFIELD BANC CORP (MBCN) stock?
MIDDLEFIELD BANC CORP (MBCN) has an RSI value of 57.7928. This indicates that the stock is currently neutral.
What is the short term momentum for MIDDLEFIELD BANC CORP (MBCN) stock?
The short term momentum for MIDDLEFIELD BANC CORP (MBCN) is neutral.