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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 2024-02-28 View latest technical analysis

10 day averaged volume of Metropolitan Bank is 67340

Date	Daily Closing Price	Open	High	Low	Volume
28 Wed Feb 2024	40.82	40.94	41.57	40.63	0.636 times
27 Tue Feb 2024	41.49	41.51	42.71	41.37	0.667 times
26 Mon Feb 2024	41.13	41.88	42.60	40.53	0.964 times
23 Fri Feb 2024	42.06	42.74	43.08	41.73	1.037 times
22 Thu Feb 2024	42.47	42.62	43.61	41.78	1.103 times
21 Wed Feb 2024	42.74	43.25	43.58	42.26	0.713 times
20 Tue Feb 2024	43.74	43.75	44.82	43.60	0.652 times
16 Fri Feb 2024	44.81	44.77	45.31	43.71	0.93 times
15 Thu Feb 2024	45.59	43.63	46.50	43.63	1.375 times
14 Wed Feb 2024	43.13	41.89	43.28	41.15	1.121 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 41.4, but if it comes above 41.4, then a intra day buy could be more profitable.
If you take a sell trade below 41.4, then use 41.4 as stoploss and 39.1 as target. However if you take a buy trade in stock , then use 41.4 as stoploss and 43.21 as target.

Share price targets for Metropolitan Bank (MCB)

Target Type	Value
Downside Target	30.20
Downside Target	31.81
Downside Target	36.26
Downside Target	38.54
Downside Target	39.89
Upside Target	42.71
Upside Target	44.35
Upside Target	44.82
Upside Target	46.50
Upside Target	48.94
Upside Target	53.08
Upside Target	54.61
Upside Target	57.15

Intraday share price targets for Metropolitan Bank (MCB)

Target Type	Value
Downside Intraday Target	40
Downside Intraday Target	39.17
Upside Intraday Target	42.18
Upside Intraday Target	43.53
Upside Intraday Target	41.35

Weekly technical analysis of Metropolitan Bank (MCB)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Wed Feb 2024	40.82	41.88	42.71	40.53	0.647 times
23 Fri Feb 2024	42.06	43.75	44.82	41.73	0.574 times
16 Fri Feb 2024	44.81	42.61	46.50	40.63	0.605 times
09 Fri Feb 2024	42.50	43.50	44.35	40.50	0.834 times
02 Fri Feb 2024	44.56	50.32	53.08	40.92	1.682 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
28 Wed Feb 2024	40.82	48.94	48.94	40.50	0.849 times
31 Wed Jan 2024	48.49	54.49	54.61	41.41	0.752 times
29 Fri Dec 2023	55.38	38.75	57.15	38.54	1.928 times
30 Thu Nov 2023	38.97	32.63	39.89	31.81	0.693 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 42.99 and Metropolitan Bank (MCB) stock is trading below this level. This means that stock is falling with high volumes. 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 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.