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(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 2024-06-17 View latest technical analysis

10 day averaged volume of Metropolitan Bank is 80200

Date	Daily Closing Price	Open	High	Low	Volume
17 Mon Jun 2024	38.98	38.52	39.48	37.10	2.062 times
14 Fri Jun 2024	38.88	39.54	39.60	38.65	0.799 times
13 Thu Jun 2024	40.36	40.32	41.06	39.63	1.478 times
12 Wed Jun 2024	40.00	40.71	41.74	39.91	1.732 times
11 Tue Jun 2024	38.95	38.76	39.34	38.65	0.953 times
10 Mon Jun 2024	39.21	39.31	40.00	38.81	0.636 times
07 Fri Jun 2024	40.00	39.76	40.30	39.33	1.115 times
06 Thu Jun 2024	40.32	40.99	41.14	40.18	0.9 times
05 Wed Jun 2024	40.98	40.89	42.11	40.59	1.017 times
04 Tue Jun 2024	40.45	40.59	40.95	40.08	0.685 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 39.5, but if it comes above 39.5, then a intra day buy could be more profitable.
If you take a sell trade below 39.5, then use 39.5 as stoploss and 37.3 as target. However if you take a buy trade in stock , then use 39.5 as stoploss and 41.36 as target.

Share price targets for Metropolitan Bank (MCB)

Target Type	Value
Downside Target	32.46
Downside Target	35.86
Downside Target	37.10
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	45.62
Upside Target	48.94

Intraday share price targets for Metropolitan Bank (MCB)

Target Type	Value
Downside Intraday Target	37.56
Downside Intraday Target	36.14
Upside Intraday Target	39.94
Upside Intraday Target	40.9
Downside Intraday Target	38.52

Weekly technical analysis of Metropolitan Bank (MCB)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Mon Jun 2024	38.98	38.52	39.48	37.10	0.368 times
14 Fri Jun 2024	38.88	39.31	41.74	38.65	1.271 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

Price has moved up 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
17 Mon Jun 2024	38.98	42.71	42.98	37.10	0.592 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 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 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 moving up

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 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 39.79 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.