(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.
10 day averaged volume of Metropolitan Bank is 880580
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Fri Mar 2023 | 33.89 | 31.00 | 34.65 | 29.08 | 3.748 times |
| 30 Thu Mar 2023 | 25.36 | 35.02 | 35.02 | 22.05 | 7.477 times |
| 29 Wed Mar 2023 | 35.02 | 37.17 | 37.23 | 34.93 | 0.32 times |
| 28 Tue Mar 2023 | 36.81 | 37.14 | 37.45 | 36.00 | 0.18 times |
| 27 Mon Mar 2023 | 37.21 | 36.77 | 38.30 | 36.52 | 0.147 times |
| 24 Fri Mar 2023 | 35.78 | 33.54 | 36.25 | 33.54 | 0.226 times |
| 23 Thu Mar 2023 | 34.31 | 35.28 | 36.19 | 33.30 | 0.289 times |
| 22 Wed Mar 2023 | 34.91 | 38.00 | 38.00 | 34.84 | 0.185 times |
| 21 Tue Mar 2023 | 37.87 | 36.55 | 39.36 | 36.55 | 0.24 times |
| 20 Mon Mar 2023 | 35.32 | 36.29 | 37.69 | 32.94 | 0.273 times |
Stock of Metropolitan Bank (MCB) has showed a significant upmove. This could be a good time to enter in this stock!
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 30.4 as stoploss in an intra day buy trade for a target of 38.93. However, stock will show a bearish move below 30.4.
Share price targets for Metropolitan Bank (MCB)
| Target Type | Value |
| Downside Target | 13.98 |
| Downside Target | 22.05 |
| Downside Target | 32.94 |
| Upside Target | 38.30 |
| Upside Target | 39.36 |
| Upside Target | 41.92 |
| Upside Target | 42.86 |
| Upside Target | 53.67 |
| Upside Target | 54.91 |
| Upside Target | 56.25 |
| Upside Target | 61.02 |
| Upside Target | 61.04 |
| Upside Target | 62.91 |
| Upside Target | 64.30 |
| Upside Target | 71.99 |
Intraday share price targets for Metropolitan Bank (MCB)
| Target Type | Value |
| Downside Intraday Target | 24.53 |
| Downside Intraday Target | 15.16 |
| Upside Intraday Target | 40.78 |
| Upside Intraday Target | 47.66 |
| Downside Intraday Target | 31.41 |
Weekly technical analysis of Metropolitan Bank (MCB)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Fri Mar 2023 | 33.89 | 36.77 | 38.30 | 22.05 | 9.777 times |
| 24 Fri Mar 2023 | 35.78 | 36.29 | 39.36 | 32.94 | 0.164 times |
| 17 Fri Mar 2023 | 35.63 | 30.14 | 41.92 | 13.98 | 7.121 times |
| 10 Fri Mar 2023 | 43.76 | 55.97 | 56.25 | 42.86 | 1.985 times |
| 03 Fri Mar 2023 | 55.92 | 56.00 | 56.62 | 54.91 | 1.432 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Metropolitan Bank (MCB)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 31 Fri Mar 2023 | 33.89 | 55.65 | 56.25 | 13.98 | 12.059 times |
| 28 Tue Feb 2023 | 55.81 | 59.55 | 61.02 | 55.11 | 0.919 times |
| 31 Tue Jan 2023 | 59.38 | 58.69 | 61.04 | 55.11 | 0.761 times |
| 30 Fri Dec 2022 | 58.67 | 64.30 | 64.30 | 53.67 | 1.877 times |
Scroll below to view daily charts
Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.
Indicators analysis of Metropolitan Bank (MCB)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 10, 45, 64 | Sell |
| MACD | -10, -10 | Sell |
| Stochastics | 37 | None |
| CCI | -78 | Buy |
| RSI | 43 | Sell |
| OBV | -5193900 | Sell |
| VWAP | 29 | Buy |
| ADL | 0 | Sell |
| ROC | -5 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Metropolitan Bank ( (MCB) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 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.
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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above 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 SELL signal in short term but selling 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 29.28 and Metropolitan Bank (MCB) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
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.
Daily charts
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