MIDDLEFIELD BANC CORP (MBCN) Stock Technical Analysis
USA - NASDAQ:MBCN - US5963042040 - Common Stock
31.03 USD
+0.05 (+0.16%)
We assign a technical rating of 6 out of 10 to MBCN. 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 7150 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
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.
When comparing the performance of all stocks over the past year, MBCN turns out to be only a medium performer in the overall market: it outperformed 52% of all stocks.
MBCN is an average performer in the Banks industry, it outperforms 40% of 392 stocks in the same industry.
In the last month MBCN has a been trading in the 28.83 - 33.93 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, MBCN does present a nice setup opportunity. 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 support zone below the current price at 30.71, a Stop Loss order could be placed below this zone.
More info and screens
25.26
33.85
4 important support areas can be observed.
- A support zone ranging from 29.91 to 30.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 28.68 to 29.06. 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 @25.52 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- Resistance @32.58 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 33.16 to 33.51. 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 | NEUTRAL | NEUTRAL | The short term trend for MBCN is neutral. |
| ChartMill Relative Strength | 52.71 | NEUTRAL | MBCN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of MBCN is above a declining 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) | 51.97 | NEUTRAL | The RSI value for MBCN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests MBCN has a negative trend. |
| Stochastics (14,3) | 33.48 | NEUTRAL | The Stochastics value for MBCN is a neutral value. |
| Average True Range in percent/ATR (20) | 3.39 | MEDIUM VOLATILITY | The ATR as a percentage value for MBCN suggests some volalility. |
| Average Directional Index/ADX (14) | 16.84 | 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)
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 |
|---|---|---|---|
| 31.42 | 29.90 | 1.52 (4.83%) | 20.72% |
| An entry @31.42. This is a Buy Stop order right above the 10 day moving average. | An exit @29.90. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.52 points, which is 4.83%. | For a 1.00% total portfolio risk, you can invest 20.72% of your capital in this trade. |
- 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 (9/26/2025, 8:08:59 PM)
31.03
+0.05 (+0.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.16%
1 Week-4.08%
2 Weeks2.44%
1 Month-0.16%
3 Month2.48%
6 Month13.33%
12 Month7.37%
2 Year22.12%
3 Year14.5%
5 Year60.78%
10 Year102.68%
15 YearN/A
Volatility
ATR(14)0.94
ATR(20)%3.39%
ATR Inc-56.78%
Range Today0.05
ADR(20)0.83
ADR(20)%2.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS52.71
Mansfield-0.16
10 Day High33.93
10 Day Low29.86
20 Day High33.93
20 Day Low28.83
52 Week High34
52 Week Low22.74
CS1 End30.71
CR1 Start32.58
Volume & EV
DER(3)-12.84%
DER(5)-1.14%
Volume5.20K
Volume Incr-38.97%
Vol(5)5.20K
Vol(50)7.15K