Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-03-14 View latest technical analysis

10 day averaged volume of Metropolitan Bank is 106220

Date	Daily Closing Price	Open	High	Low	Volume
14 Thu Mar 2024	37.11	38.49	38.49	36.65	1.084 times
13 Wed Mar 2024	38.73	38.92	39.74	38.48	0.955 times
12 Tue Mar 2024	38.88	39.39	39.91	38.73	0.878 times
11 Mon Mar 2024	39.68	38.79	40.16	38.79	0.704 times
08 Fri Mar 2024	39.90	40.59	40.98	39.42	0.482 times
07 Thu Mar 2024	39.83	40.20	40.84	39.26	0.644 times
06 Wed Mar 2024	39.50	39.85	40.51	37.50	1.11 times
05 Tue Mar 2024	40.01	36.65	40.24	36.65	1.332 times
04 Mon Mar 2024	37.12	38.44	39.23	36.83	1.02 times
01 Fri Mar 2024	38.00	38.51	38.51	36.89	1.223 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 38.3, but if it comes above 38.3, then a intra day buy could be more profitable.
If you take a sell trade below 38.3, then use 38.3 as stoploss and 35.6 as target. However if you take a buy trade in stock , then use 38.3 as stoploss and 40.64 as target.

Share price targets for Metropolitan Bank (MCB)

Target Type	Value
Downside Target	31.81
Downside Target	36.65
Upside 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	35.79
Downside Intraday Target	34.46
Upside Intraday Target	39.3
Upside Intraday Target	41.48
Upside Intraday Target	37.97

Weekly technical analysis of Metropolitan Bank (MCB)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Thu Mar 2024	37.11	38.79	40.16	36.65	0.789 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
14 Thu Mar 2024	37.11	38.51	40.98	36.65	0.48 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 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 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 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 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 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 but buying is losing momentum.

MRSI is in negative zone. This is the SELL 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 38.77 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.