Mid Penn Bancorp (MPB) Technical Analysis: Signals, Charts & Indicators

2.17 / 10

Underperform

The technical composite registers 2.17/10, evidencing challenging technical structure. Supportive evidence from no significant factors contends with contradictory data from MACD Golden Cross, Marubozu White, Bullish Engulfing, and Bearish Engulfing. Technical evaluation: cautious.

Analysis Checks(0/4)

Bearish Engulfing

Score1/10

Win Rate25.00%

Hist. Signals4

Avg Return-1.06%

MACD Golden Cross

Score3.09/10

Win Rate44.44%

Hist. Signals9

Avg Return0.44%

Bullish Engulfing

Score1.89/10

Win Rate41.67%

Hist. Signals12

Avg Return-0.92%

Marubozu White

Score2.7/10

Win Rate44.44%

Hist. Signals18

Avg Return0.26%

Technical Analysis of MPB?

MPB presents a Underperform setup with a Technical Score of 2.17/10. Key technical indicators highlight an RSI of 55.07 and a MACD of 0.33, with the trend anchored by the 50-Day SMA at 32.55. Traders should monitor key support at 32.20 and resistance at 32.68.