(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 2024-06-07 View latest technical analysis
10 day averaged volume of Metropolitan Bank is 59990
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Fri Jun 2024 | 40.00 | 39.76 | 40.30 | 39.33 | 1.49 times |
| 06 Thu Jun 2024 | 40.32 | 40.99 | 41.14 | 40.18 | 1.204 times |
| 05 Wed Jun 2024 | 40.98 | 40.89 | 42.11 | 40.59 | 1.36 times |
| 04 Tue Jun 2024 | 40.45 | 40.59 | 40.95 | 40.08 | 0.915 times |
| 03 Mon Jun 2024 | 41.15 | 42.71 | 42.98 | 41.12 | 0.917 times |
| 31 Fri May 2024 | 42.05 | 42.31 | 42.62 | 41.66 | 0.997 times |
| 30 Thu May 2024 | 42.02 | 41.99 | 42.32 | 41.35 | 0.837 times |
| 29 Wed May 2024 | 40.95 | 41.61 | 41.89 | 40.88 | 1.017 times |
| 28 Tue May 2024 | 42.95 | 43.64 | 44.03 | 42.28 | 0.893 times |
| 24 Fri May 2024 | 43.45 | 43.75 | 43.75 | 43.15 | 0.557 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 41.1, but if it comes above 41.1, then a intra day buy could be more profitable.
If you take a sell trade below 41.1, then use 41.1 as stoploss and 39.3 as target. However if you take a buy trade in stock , then use 41.1 as stoploss and 42.58 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 | 39.33 |
| 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 | 38.56 |
| Downside Intraday Target | 37.12 |
| Upside Intraday Target | 42.21 |
| Upside Intraday Target | 44.42 |
| Upside Intraday Target | 40.77 |
Weekly technical analysis of Metropolitan Bank (MCB)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Fri Jun 2024 | 40.00 | 42.71 | 42.98 | 39.33 | 1.572 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, 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 |
| 07 Fri Jun 2024 | 40.00 | 42.71 | 42.98 | 39.33 | 0.216 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 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 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 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 weakening, and bulls are picking up momentum!
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 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 41.22 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 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 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 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 weakening, and bulls are picking up momentum!
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 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 41.22 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.