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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 2024-09-20 View latest technical analysis

10 day averaged volume of Metropolitan Bank is 65150

Date	Daily Closing Price	Open	High	Low	Volume
20 Fri Sep 2024	52.42	53.73	54.86	52.39	5.252 times
19 Thu Sep 2024	54.38	53.48	54.52	52.06	1.454 times
18 Wed Sep 2024	51.50	50.60	53.85	49.81	1.638 times
17 Tue Sep 2024	50.65	52.10	52.50	50.44	1.759 times
16 Mon Sep 2024	51.16	50.97	51.90	49.78	0.645 times
13 Fri Sep 2024	50.74	50.18	50.88	49.94	0.649 times
12 Thu Sep 2024	49.40	49.88	50.22	48.83	0.617 times
11 Wed Sep 2024	49.45	48.89	49.74	47.50	0.806 times
10 Tue Sep 2024	49.72	48.69	49.86	48.00	0.64 times
09 Mon Sep 2024	49.70	50.66	50.93	49.31	0.88 times

Stock of Metropolitan Bank (MCB) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 52.3, but if it comes below 52.3, then a intra day sell could be more profitable.
If you take a sell trade below 52.3, then use 52.3 as stoploss and 51.14 as target. However if you take a buy trade in stock , then use 52.3 as stoploss and 53.8 as target.

Share price targets for Metropolitan Bank (MCB)

Target Type	Value
Downside Target	37.10
Downside Target	39.80
Downside Target	42.98
Downside Target	45.62
Downside Target	47.50
Downside Target	49.60
Downside Target	51.54
Downside Target	52.39
Upside Target	52.96
Upside Target	54.00
Upside Target	54.86
Upside Target	57.69

Intraday share price targets for Metropolitan Bank (MCB)

Target Type	Value
Downside Intraday Target	49.85
Downside Intraday Target	47.27
Upside Intraday Target	54.93
Upside Intraday Target	57.43
Downside Intraday Target	52.35

Weekly technical analysis of Metropolitan Bank (MCB)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Fri Sep 2024	52.42	50.97	54.86	49.78	2.992 times
13 Fri Sep 2024	50.74	50.66	50.93	47.50	1.136 times
06 Fri Sep 2024	50.40	51.00	51.54	49.60	3.785 times
30 Fri Aug 2024	51.71	52.25	52.39	51.02	0.198 times
30 Fri Aug 2024	51.71	52.31	52.96	50.06	1.051 times

Price has moved up 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
20 Fri Sep 2024	52.42	51.00	54.86	47.50	0.656 times
30 Fri Aug 2024	51.71	52.48	54.00	40.21	0.713 times
31 Wed Jul 2024	52.73	41.91	57.69	40.78	1.319 times
28 Fri Jun 2024	42.09	42.71	42.98	37.10	1.13 times

Scroll below to view daily charts

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

Price action analysis of Metropolitan Bank ( (MCB) ) based on a short to mid 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.

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 Strong and stock is gaining momentum.

MACD generated a BUY signal for Metropolitan Bank in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Metropolitan Bank Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Metropolitan Bank in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying 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 51.58 and Metropolitan Bank (MCB) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive 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.