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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 2024-11-04 View latest technical analysis

10 day averaged volume of Metropolitan Bank is 60230

Date	Daily Closing Price	Open	High	Low	Volume
04 Mon Nov 2024	53.15	52.64	53.82	52.26	0.888 times
01 Fri Nov 2024	53.23	54.28	55.27	52.73	0.895 times
31 Thu Oct 2024	53.50	55.85	55.85	53.42	0.701 times
30 Wed Oct 2024	55.48	54.20	57.07	54.20	1.164 times
29 Tue Oct 2024	54.05	55.70	56.19	54.04	1.048 times
28 Mon Oct 2024	56.21	53.71	56.34	53.68	0.84 times
25 Fri Oct 2024	52.78	54.93	54.93	52.55	0.628 times
24 Thu Oct 2024	54.12	54.94	55.03	53.52	1.491 times
23 Wed Oct 2024	54.97	55.13	55.67	54.31	0.508 times
22 Tue Oct 2024	55.61	55.99	56.17	55.01	0.943 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 53.2, but if it comes above 53.2, then a intra day buy could be more profitable.
If you take a sell trade below 53.2, then use 53.2 as stoploss and 50.2 as target. However if you take a buy trade in stock , then use 53.2 as stoploss and 55.75 as target.

Share price targets for Metropolitan Bank (MCB)

Target Type	Value
Downside Target	40.21
Downside Target	47.50
Downside Target	49.35
Downside Target	52.26
Upside Target	53.82
Upside Target	56.01
Upside Target	57.07
Upside Target	57.21
Upside Target	57.69
Upside Target	57.92
Upside Target	64.10

Intraday share price targets for Metropolitan Bank (MCB)

Target Type	Value
Downside Intraday Target	52.33
Downside Intraday Target	51.52
Upside Intraday Target	53.89
Upside Intraday Target	54.64
Downside Intraday Target	53.08

Weekly technical analysis of Metropolitan Bank (MCB)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Mon Nov 2024	53.15	52.64	53.82	52.26	0.191 times
01 Fri Nov 2024	53.23	53.71	57.07	52.73	0.868 times
25 Fri Oct 2024	52.78	57.92	57.92	52.55	0.424 times
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

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
04 Mon Nov 2024	53.15	54.28	55.27	52.26	0.054 times
31 Thu Oct 2024	53.50	51.83	64.10	49.35	1.435 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

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 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 term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 Weak and stock is gaining momentum.

MACD generated a SELL signal for Metropolitan Bank in short term but the sell signal is initial and weak.

Metropolitan Bank Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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 and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining 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 54.36 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.