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(MCB) Metropolitan Bank complete technical analysis [charts+indicators] | Buy/Sell Metropolitan Bank | (MCB) share price targets

Complete technical analysis of Metropolitan Bank (MCB) by charts plus indicators, forecast predictions and share price targets for Metropolitan Bank (MCB)

Metropolitan Bank trades in USA in Finance sector.

Showing technical analysis as on 2024-02-27 View latest technical analysis

10 day averaged volume of Metropolitan Bank is 71230

Date	Daily Closing Price	Open	High	Low	Volume
27 Tue Feb 2024	41.49	41.51	42.71	41.37	0.63 times
26 Mon Feb 2024	41.13	41.88	42.60	40.53	0.911 times
23 Fri Feb 2024	42.06	42.74	43.08	41.73	0.98 times
22 Thu Feb 2024	42.47	42.62	43.61	41.78	1.043 times
21 Wed Feb 2024	42.74	43.25	43.58	42.26	0.674 times
20 Tue Feb 2024	43.74	43.75	44.82	43.60	0.616 times
16 Fri Feb 2024	44.81	44.77	45.31	43.71	0.879 times
15 Thu Feb 2024	45.59	43.63	46.50	43.63	1.3 times
14 Wed Feb 2024	43.13	41.89	43.28	41.15	1.06 times
13 Tue Feb 2024	41.22	42.01	42.49	40.63	1.36 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 41.2 as stoploss in an intra day buy trade for a target of 43.74. However, stock will show a bearish move below 41.2.

Share price targets for Metropolitan Bank (MCB)

Target Type	Value
Downside Target	30.20
Downside Target	31.81
Downside Target	36.26
Downside Target	38.54
Downside Target	39.89
Upside Target	42.71
Upside Target	44.35
Upside Target	44.82
Upside Target	46.50
Upside Target	48.94
Upside Target	53.08
Upside Target	54.61
Upside Target	57.15

Intraday share price targets for Metropolitan Bank (MCB)

Target Type	Value
Downside Intraday Target	40.44
Downside Intraday Target	39.4
Upside Intraday Target	42.62
Upside Intraday Target	43.76
Upside Intraday Target	41.58

Weekly technical analysis of Metropolitan Bank (MCB)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Tue Feb 2024	41.49	41.88	42.71	40.53	0.465 times
23 Fri Feb 2024	42.06	43.75	44.82	41.73	0.574 times
16 Fri Feb 2024	44.81	42.61	46.50	40.63	0.605 times
09 Fri Feb 2024	42.50	43.50	44.35	40.50	0.834 times
02 Fri Feb 2024	44.56	50.32	53.08	40.92	1.682 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Metropolitan Bank (MCB)

Date	Monthly Closing Price	Open	High	Low	Volume
27 Tue Feb 2024	41.49	48.94	48.94	40.50	0.83 times
31 Wed Jan 2024	48.49	54.49	54.61	41.41	0.752 times
29 Fri Dec 2023	55.38	38.75	57.15	38.54	1.928 times
30 Thu Nov 2023	38.97	32.63	39.89	31.81	0.693 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Metropolitan Bank (MCB)

Price action analysis of Metropolitan Bank ( (MCB) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Metropolitan Bank ( (MCB) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Metropolitan Bank ( (MCB) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Metropolitan Bank stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Metropolitan Bank in short term and the sell signal is strong.

Metropolitan Bank Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Metropolitan Bank in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Metropolitan Bank is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 42.88 and Metropolitan Bank (MCB) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Metropolitan Bank (MCB) stock. Volume based technical analysis of Metropolitan Bank (MCB) stock is negative.

Metropolitan Bank Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.