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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 2024-10-18 View latest technical analysis

10 day averaged volume of Metropolitan Bank is 92290

Date	Daily Closing Price	Open	High	Low	Volume
18 Fri Oct 2024	58.31	63.00	64.10	58.31	2.462 times
17 Thu Oct 2024	62.53	60.42	62.99	59.60	1.432 times
16 Wed Oct 2024	60.42	59.55	61.00	58.64	1.737 times
15 Tue Oct 2024	58.99	57.77	60.30	57.67	2.294 times
14 Mon Oct 2024	57.29	56.01	57.67	56.01	0.314 times
11 Fri Oct 2024	56.03	55.11	57.21	55.11	0.991 times
10 Thu Oct 2024	54.61	53.55	55.24	52.60	0.999 times
09 Wed Oct 2024	54.20	53.26	55.23	53.26	0.472 times
08 Tue Oct 2024	53.57	54.09	54.51	53.00	0.595 times
07 Mon Oct 2024	53.80	53.48	53.82	52.76	0.335 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 57.8, but if it comes below 57.8, then a intra day sell could be more profitable.
If you take a sell trade below 57.8, then use 57.8 as stoploss and 54.48 as target. However if you take a buy trade in stock , then use 57.8 as stoploss and 61.8 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	54.86
Downside Target	55.70
Downside Target	56.01
Downside Target	57.21
Downside Target	57.69
Upside Target	64.10

Intraday share price targets for Metropolitan Bank (MCB)

Target Type	Value
Downside Intraday Target	54.85
Downside Intraday Target	51.38
Upside Intraday Target	62.94
Upside Intraday Target	67.56
Upside Intraday Target	59.47

Weekly technical analysis of Metropolitan Bank (MCB)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Fri Oct 2024	58.31	56.01	64.10	56.01	2.429 times
11 Fri Oct 2024	56.03	53.48	57.21	52.60	0.773 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

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
18 Fri Oct 2024	58.31	51.83	64.10	49.35	1.04 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 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.

Metropolitan Bank Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears 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 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 58.2 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.