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 2024-06-12 View latest technical analysis

10 day averaged volume of Metropolitan Bank is 65150

Date	Daily Closing Price	Open	High	Low	Volume
12 Wed Jun 2024	40.00	40.71	41.74	39.91	2.132 times
11 Tue Jun 2024	38.95	38.76	39.34	38.65	1.173 times
10 Mon Jun 2024	39.21	39.31	40.00	38.81	0.783 times
07 Fri Jun 2024	40.00	39.76	40.30	39.33	1.372 times
06 Thu Jun 2024	40.32	40.99	41.14	40.18	1.108 times
05 Wed Jun 2024	40.98	40.89	42.11	40.59	1.252 times
04 Tue Jun 2024	40.45	40.59	40.95	40.08	0.843 times
03 Mon Jun 2024	41.15	42.71	42.98	41.12	0.844 times
31 Fri May 2024	42.05	42.31	42.62	41.66	0.918 times
30 Thu May 2024	42.02	41.99	42.32	41.35	0.771 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 trade for tomorrow is selective. Take a sell trade only if stock stays below 40.2, but if it comes above 40.2, then a intra day buy could be more profitable.
If you take a sell trade below 40.2, then use 40.2 as stoploss and 38 as target. However if you take a buy trade in stock , then use 40.2 as stoploss and 42.07 as target.

Share price targets for Metropolitan Bank (MCB)

Target Type	Value
Downside Target	32.46
Downside Target	35.86
Downside Target	38.35
Upside Target	40.88
Upside Target	42.98
Upside Target	43.15
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	38.52
Downside Intraday Target	37.04
Upside Intraday Target	41.61
Upside Intraday Target	43.22
Upside Intraday Target	40.13

Weekly technical analysis of Metropolitan Bank (MCB)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Wed Jun 2024	40.00	39.31	41.74	38.65	0.754 times
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

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
12 Wed Jun 2024	40.00	42.71	42.98	38.65	0.379 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 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 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 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 BUY. Signal strength is Weak and stock is losing 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 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 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 40.4 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.