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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 2024-03-12 View latest technical analysis

10 day averaged volume of Metropolitan Bank is 95520

Date	Daily Closing Price	Open	High	Low	Volume
12 Tue Mar 2024	38.88	39.39	39.91	38.73	0.977 times
11 Mon Mar 2024	39.68	38.79	40.16	38.79	0.783 times
08 Fri Mar 2024	39.90	40.59	40.98	39.42	0.536 times
07 Thu Mar 2024	39.83	40.20	40.84	39.26	0.716 times
06 Wed Mar 2024	39.50	39.85	40.51	37.50	1.234 times
05 Tue Mar 2024	40.01	36.65	40.24	36.65	1.481 times
04 Mon Mar 2024	37.12	38.44	39.23	36.83	1.134 times
01 Fri Mar 2024	38.00	38.51	38.51	36.89	1.36 times
29 Thu Feb 2024	39.21	41.87	42.83	38.35	1.837 times
28 Wed Feb 2024	40.82	40.94	41.57	40.63	0.448 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 38.9, but if it comes above 38.9, then a intra day buy could be more profitable.
If you take a sell trade below 38.9, then use 38.9 as stoploss and 36.3 as target. However if you take a buy trade in stock , then use 38.9 as stoploss and 41.07 as target.

Share price targets for Metropolitan Bank (MCB)

Target Type	Value
Downside Target	31.81
Downside Target	36.65
Downside Target	38.35
Upside Target	39.89
Upside Target	41.41
Upside Target	41.73
Upside Target	42.83
Upside Target	44.82
Upside Target	46.50
Upside Target	48.94
Upside Target	54.61
Upside Target	57.15

Intraday share price targets for Metropolitan Bank (MCB)

Target Type	Value
Downside Intraday Target	38.35
Downside Intraday Target	37.83
Upside Intraday Target	39.78
Upside Intraday Target	40.69
Upside Intraday Target	39.26

Weekly technical analysis of Metropolitan Bank (MCB)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Tue Mar 2024	38.88	38.79	40.16	38.73	0.345 times
08 Fri Mar 2024	39.90	38.44	40.98	36.65	1.064 times
01 Fri Mar 2024	38.00	41.88	42.83	36.89	1.941 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

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
12 Tue Mar 2024	38.88	38.51	40.98	36.65	0.376 times
29 Thu Feb 2024	39.21	48.94	48.94	38.35	0.927 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

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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Metropolitan Bank ( (MCB) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 gaining momentum.

MACD generated a BUY signal for Metropolitan Bank in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Metropolitan Bank Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Metropolitan Bank in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 39.13 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.