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 2024-06-05 View latest technical analysis

10 day averaged volume of Metropolitan Bank is 71090

Date	Daily Closing Price	Open	High	Low	Volume
05 Wed Jun 2024	40.98	40.89	42.11	40.59	1.148 times
04 Tue Jun 2024	40.45	40.59	40.95	40.08	0.772 times
03 Mon Jun 2024	41.15	42.71	42.98	41.12	0.774 times
31 Fri May 2024	42.05	42.31	42.62	41.66	0.841 times
30 Thu May 2024	42.02	41.99	42.32	41.35	0.706 times
29 Wed May 2024	40.95	41.61	41.89	40.88	0.858 times
28 Tue May 2024	42.95	43.64	44.03	42.28	0.754 times
24 Fri May 2024	43.45	43.75	43.75	43.15	0.47 times
23 Thu May 2024	43.50	45.17	45.25	43.45	1.1 times
22 Wed May 2024	44.97	44.24	45.06	44.08	1.492 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 41.5, but if it comes above 41.5, then a intra day buy could be more profitable.
If you take a sell trade below 41.5, then use 41.5 as stoploss and 40 as target. However if you take a buy trade in stock , then use 41.5 as stoploss and 42.76 as target.

Share price targets for Metropolitan Bank (MCB)

Target Type	Value
Downside Target	32.46
Downside Target	35.86
Downside Target	38.35
Downside Target	39.80
Downside Target	40.88
Upside Target	42.25
Upside Target	43.70
Upside Target	44.00
Upside Target	44.03
Upside Target	45.14
Upside Target	45.62
Upside Target	48.94

Intraday share price targets for Metropolitan Bank (MCB)

Target Type	Value
Downside Intraday Target	39.71
Downside Intraday Target	38.45
Upside Intraday Target	42.61
Upside Intraday Target	44.25
Upside Intraday Target	41.35

Weekly technical analysis of Metropolitan Bank (MCB)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Wed Jun 2024	40.98	42.71	42.98	40.08	0.853 times
31 Fri May 2024	42.05	43.64	44.03	40.88	0.436 times
24 Fri May 2024	43.45	44.89	45.62	43.15	1.358 times
17 Fri May 2024	44.70	43.05	45.14	42.25	1.193 times
10 Fri May 2024	42.63	42.94	43.70	41.15	0.908 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
05 Wed Jun 2024	40.98	42.71	42.98	40.08	0.117 times
31 Fri May 2024	42.05	39.88	45.62	39.80	0.695 times
30 Tue Apr 2024	39.70	38.59	44.00	32.46	1.048 times
28 Thu Mar 2024	38.50	38.51	40.98	35.86	1.076 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

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

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

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 green color and prices are in or below the green 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 and selling is picking up 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 42.4 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.