Macatawa Bank Corporation (MCBC)
Macatawa Bank AI Score Forecast
As of the latest evaluation, our AI model assigns a score of Upgrade out of 10, indicating a Upgrade outlook. The model demonstrates an accuracy rate of Upgrade based on historical backtesting. Following this AI Score methodology, the average return would be Upgrade . The current forecast suggests Upgrade for the stock's near-term performance.
| Date | Aug 1, '22 | Aug 29, '22 | Sep 27, '22 | Oct 25, '22 | Nov 22, '22 | Dec 21, '22 | Jan 23, '23 | Feb 21, '23 | Mar 21, '23 | Apr 19, '23 | May 17, '23 | Jun 15, '23 | Jul 17, '23 | Aug 14, '23 | Sep 12, '23 | Oct 10, '23 | Nov 7, '23 | Dec 6, '23 | Jan 5, '24 | Feb 5, '24 | Mar 5, '24 | Apr 3, '24 | May 1, '24 | May 30, '24 | Jun 28, '24 | Jul 29, '24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Score | Upgrade | Upgrade | Upgrade | Upgrade | Upgrade | Upgrade | Upgrade | Upgrade | Upgrade | Upgrade | Upgrade | Upgrade | Upgrade | Upgrade | Upgrade | Upgrade | Upgrade | Upgrade | Upgrade | Upgrade | Upgrade | Upgrade | Upgrade | Upgrade | Upgrade | Upgrade |
| Price | Upgrade | Upgrade | Upgrade | Upgrade | Upgrade | Upgrade | Upgrade | Upgrade | Upgrade | Upgrade | Upgrade | Upgrade | Upgrade | Upgrade | Upgrade | Upgrade | Upgrade | Upgrade | Upgrade | Upgrade | Upgrade | Upgrade | Upgrade | Upgrade | Upgrade | |
| % Change | Upgrade | Upgrade | Upgrade | Upgrade | Upgrade | Upgrade | Upgrade | Upgrade | Upgrade | Upgrade | Upgrade | Upgrade | Upgrade | Upgrade | Upgrade | Upgrade | Upgrade | Upgrade | Upgrade | Upgrade | Upgrade | Upgrade | Upgrade | Upgrade | Upgrade |
Macatawa Bank Trend Forecast
Using our AI model trained on historical seasonal data, we generated a 12-month forecast for Macatawa Bank. The model predicts a median target price of Upgrade , ranging from Upgrade to Upgrade , indicating a Upgrade from the current price of Upgrade . This forecast is based on comprehensive analysis of seasonal patterns, market trends, and historical performance data to provide insights into the stock's potential trajectory over the next twelve months.