MIDDLEFIELD BANC CORP (MBCN) Stock Technical Analysis
NASDAQ:MBCN - Nasdaq - US5963042040 - Common Stock - Currency: USD
Overall MBCN gets a technical rating of 1 out of 10. MBCN's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, MBCN is a bad performer in the overall market: 78% of all stocks are doing better.
MBCN is part of the Banks industry. There are 405 other stocks in this industry, of which 91% are performing better than MBCN.
In the last month MBCN has a been trading in the 24.40 - 28.52 range, which is quite wide. It is currently trading near the lows of this range.
Warning: MBCN has an average volume of 9778 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
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.
Considerably lower volume is observed in the last couple of days.
The technical rating of MBCN is bad and it also does not present a quality setup 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
24.02
31.58
We found 1 important support area.
- A support zone ranging from 24.26 to 24.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 24.67 to 24.71. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 25.72 to 27.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @31.27 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.12
Mansfield-1.09
10 Day High27.22
10 Day Low24.56
20 Day High28.52
20 Day Low24.4
52 Week High34
52 Week Low20.61
Performance
1 Week-4.88%
2 Weeks-6.54%
1 Month1.28%
3 Month-22.54%
6 Month-10.59%
12 Month1.11%
2 Year-13%
3 Year-3.72%
5 Year3.19%
10 Year48.91%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.02
RSI(14)40.77
LBB24.55
UBB27.08
24.57
-0.43 (-1.72%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-1.72%
1 Week-4.88%
2 Weeks-6.54%
1 Month1.28%
3 Month-22.54%
6 Month-10.59%
12 Month1.11%
2 Year-13%
3 Year-3.72%
5 Year3.19%
10 Year48.91%
15 YearN/A
Volatility
ATR(14)1.03
ATR(20)%4.52%
ATR Inc67.67%
Range Today1.43
ADR(20)0.96
ADR(20)%3.92%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.12
Mansfield-1.09
10 Day High27.22
10 Day Low24.56
20 Day High28.52
20 Day Low24.4
52 Week High34
52 Week Low20.61
CS1 End24.52
CR1 Start24.67
Volume & EV
DER(3)-11.88%
DER(5)1.35%
Volume10.50K
Volume Incr-34.21%
Vol(5)6.26K
Vol(50)9.78K