(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 2024-06-06 View latest technical analysis
10 day averaged volume of Metropolitan Bank is 63380
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Thu Jun 2024 | 40.32 | 40.99 | 41.14 | 40.18 | 1.139 times |
| 05 Wed Jun 2024 | 40.98 | 40.89 | 42.11 | 40.59 | 1.287 times |
| 04 Tue Jun 2024 | 40.45 | 40.59 | 40.95 | 40.08 | 0.866 times |
| 03 Mon Jun 2024 | 41.15 | 42.71 | 42.98 | 41.12 | 0.868 times |
| 31 Fri May 2024 | 42.05 | 42.31 | 42.62 | 41.66 | 0.944 times |
| 30 Thu May 2024 | 42.02 | 41.99 | 42.32 | 41.35 | 0.792 times |
| 29 Wed May 2024 | 40.95 | 41.61 | 41.89 | 40.88 | 0.962 times |
| 28 Tue May 2024 | 42.95 | 43.64 | 44.03 | 42.28 | 0.846 times |
| 24 Fri May 2024 | 43.45 | 43.75 | 43.75 | 43.15 | 0.527 times |
| 23 Thu May 2024 | 43.50 | 45.17 | 45.25 | 43.45 | 1.234 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 41.3, but if it comes above 41.3, then a intra day buy could be more profitable.
If you take a sell trade below 41.3, then use 41.3 as stoploss and 39.7 as target. However if you take a buy trade in stock , then use 41.3 as stoploss and 42.68 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 |
| Upside 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 | 39.27 |
| Downside Intraday Target | 38.23 |
| Upside Intraday Target | 42.17 |
| Upside Intraday Target | 44.03 |
| Upside Intraday Target | 41.13 |
Weekly technical analysis of Metropolitan Bank (MCB)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Thu Jun 2024 | 40.32 | 42.71 | 42.98 | 40.08 | 1.174 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 |
| 06 Thu Jun 2024 | 40.32 | 42.71 | 42.98 | 40.08 | 0.161 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 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 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 gaining 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 coming down
CCI has generated a SELL signal for Metropolitan Bank in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing 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 41.7 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.
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 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 gaining 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 coming down
CCI has generated a SELL signal for Metropolitan Bank in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing 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 41.7 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.