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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 2024-10-10 View latest technical analysis

10 day averaged volume of Metropolitan Bank is 60780

Date	Daily Closing Price	Open	High	Low	Volume
10 Thu Oct 2024	54.61	53.55	55.24	52.60	1.517 times
09 Wed Oct 2024	54.20	53.26	55.23	53.26	0.717 times
08 Tue Oct 2024	53.57	54.09	54.51	53.00	0.903 times
07 Mon Oct 2024	53.80	53.48	53.82	52.76	0.508 times
04 Fri Oct 2024	53.63	55.07	55.70	53.30	1.26 times
03 Thu Oct 2024	53.88	51.28	54.06	51.28	1.736 times
02 Wed Oct 2024	52.00	50.17	52.01	50.17	2.231 times
01 Tue Oct 2024	50.16	51.83	51.83	49.35	0.88 times
30 Mon Sep 2024	52.58	51.00	52.75	51.00	0.556 times
27 Fri Sep 2024	51.10	52.06	52.50	50.89	0.587 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 53.7, but if it comes below 53.7, then a intra day sell could be more profitable.
If you take a sell trade below 53.7, then use 53.7 as stoploss and 52.34 as target. However if you take a buy trade in stock , then use 53.7 as stoploss and 55.4 as target.

Share price targets for Metropolitan Bank (MCB)

Target Type	Value
Downside Target	37.10
Downside Target	40.21
Downside Target	42.98
Downside Target	47.50
Downside Target	49.35
Downside Target	52.60
Downside Target	54.00
Upside Target	54.86
Upside Target	55.24
Upside Target	55.70
Upside Target	57.69

Intraday share price targets for Metropolitan Bank (MCB)

Target Type	Value
Downside Intraday Target	53.06
Downside Intraday Target	51.51
Upside Intraday Target	55.7
Upside Intraday Target	56.79
Downside Intraday Target	54.15

Weekly technical analysis of Metropolitan Bank (MCB)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Thu Oct 2024	54.61	53.48	55.24	52.60	0.547 times
04 Fri Oct 2024	53.63	51.00	55.70	49.35	1.881 times
27 Fri Sep 2024	51.10	53.07	53.51	50.59	0.307 times
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

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
10 Thu Oct 2024	54.61	51.83	55.70	49.35	0.427 times
30 Mon Sep 2024	52.58	51.00	54.86	47.50	0.799 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

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 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 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 losing 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 moving up

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 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 53.04 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.