(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.
10 day averaged volume of Metropolitan Bank is 471220
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Tue Mar 2023 | 36.81 | 37.14 | 37.45 | 36.00 | 0.337 times |
| 27 Mon Mar 2023 | 37.21 | 36.77 | 38.30 | 36.52 | 0.274 times |
| 24 Fri Mar 2023 | 35.78 | 33.54 | 36.25 | 33.54 | 0.423 times |
| 23 Thu Mar 2023 | 34.31 | 35.28 | 36.19 | 33.30 | 0.541 times |
| 22 Wed Mar 2023 | 34.91 | 38.00 | 38.00 | 34.84 | 0.346 times |
| 21 Tue Mar 2023 | 37.87 | 36.55 | 39.36 | 36.55 | 0.448 times |
| 20 Mon Mar 2023 | 35.32 | 36.29 | 37.69 | 32.94 | 0.511 times |
| 17 Fri Mar 2023 | 35.63 | 38.17 | 38.29 | 34.24 | 1.235 times |
| 16 Thu Mar 2023 | 39.79 | 38.70 | 41.92 | 35.13 | 0.887 times |
| 15 Wed Mar 2023 | 39.31 | 30.79 | 39.61 | 30.65 | 1.575 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 33.1 as stoploss in an intra day buy trade for a target of 42.58. However, stock will show a bearish move below 33.1.
Share price targets for Metropolitan Bank (MCB)
| Target Type | Value |
| Downside Target | 13.98 |
| Downside Target | 32.94 |
| Downside Target | 36.00 |
| Upside Target | 38.30 |
| Upside Target | 39.36 |
| Upside Target | 41.92 |
| Upside Target | 42.86 |
| Upside Target | 53.67 |
| Upside Target | 54.91 |
| Upside Target | 56.25 |
| Upside Target | 61.02 |
| Upside Target | 61.04 |
| Upside Target | 62.91 |
| Upside Target | 64.30 |
| Upside Target | 71.99 |
Intraday share price targets for Metropolitan Bank (MCB)
| Target Type | Value |
| Downside Intraday Target | 35.77 |
| Downside Intraday Target | 34.74 |
| Upside Intraday Target | 38.07 |
| Upside Intraday Target | 39.34 |
| Upside Intraday Target | 37.04 |
Weekly technical analysis of Metropolitan Bank (MCB)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Tue Mar 2023 | 36.81 | 36.77 | 38.30 | 36.00 | 0.269 times |
| 24 Fri Mar 2023 | 35.78 | 36.29 | 39.36 | 32.94 | 0.164 times |
| 17 Fri Mar 2023 | 35.63 | 30.14 | 41.92 | 13.98 | 7.121 times |
| 10 Fri Mar 2023 | 43.76 | 55.97 | 56.25 | 42.86 | 1.985 times |
| 03 Fri Mar 2023 | 55.92 | 56.00 | 56.62 | 54.91 | 1.432 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 |
| 28 Tue Mar 2023 | 36.81 | 55.65 | 56.25 | 13.98 | 5.679 times |
| 28 Tue Feb 2023 | 55.81 | 59.55 | 61.02 | 55.11 | 0.919 times |
| 31 Tue Jan 2023 | 59.38 | 58.69 | 61.04 | 55.11 | 0.761 times |
| 30 Fri Dec 2022 | 58.67 | 64.30 | 64.30 | 53.67 | 1.877 times |
Scroll below to view daily charts
Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.
Indicators analysis of Metropolitan Bank (MCB)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 17, 38, 38 | Sell |
| MACD | -10, -10 | Buy |
| Stochastics | 64 | None |
| CCI | 19 | Sell |
| RSI | 40 | Sell |
| OBV | -1727000 | Sell |
| VWAP | 37 | Sell |
| ADL | 0 | Sell |
| ROC | 8 | Buy |
| Force Index | 0 | Sell |
Price action analysis of Metropolitan Bank ( (MCB) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 BUY signal for Metropolitan Bank in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Metropolitan Bank Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red 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 SELL signal in short term but selling 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 37.19 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 is giving positive 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.
Daily charts
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