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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.

10 day averaged volume of Metropolitan Bank is 782700

Date Daily Closing Price Open High Low Volume
23 Thu Mar 2023 34.31 35.28 36.19 33.30 0.326 times
22 Wed Mar 2023 34.91 38.00 38.00 34.84 0.209 times
21 Tue Mar 2023 37.87 36.55 39.36 36.55 0.27 times
20 Mon Mar 2023 35.32 36.29 37.69 32.94 0.308 times
17 Fri Mar 2023 35.63 38.17 38.29 34.24 0.743 times
16 Thu Mar 2023 39.79 38.70 41.92 35.13 0.534 times
15 Wed Mar 2023 39.31 30.79 39.61 30.65 0.948 times
14 Tue Mar 2023 34.19 33.53 38.48 31.76 2.264 times
13 Mon Mar 2023 24.60 30.14 30.14 13.98 3.852 times
10 Fri Mar 2023 43.76 48.05 48.53 42.86 0.698 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 35.3, but if it comes above 35.3, then a intra day buy could be more profitable.
If you take a sell trade below 35.3, then use 35.3 as stoploss and 23.1 as target. However if you take a buy trade in stock , then use 35.3 as stoploss and 45.47 as target.

Share price targets for Metropolitan Bank (MCB)

Target Type Value
Downside Target 13.98
Downside Target 32.94
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 58.90
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 31.71
Downside Intraday Target 29.12
Upside Intraday Target 38.13
Upside Intraday Target 41.96
Upside Intraday Target 35.54

Weekly technical analysis of Metropolitan Bank (MCB)

Date Weekly Closing Price Open High Low Volume
23 Thu Mar 2023 34.31 36.29 39.36 32.94 0.133 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
24 Fri Feb 2023 55.80 58.57 58.90 55.11 4.573 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
23 Thu Mar 2023 34.31 55.65 56.25 13.98 5.374 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 15, 42, 48 Sell
MACD -10, -9Sell
Stochastics 56None
CCI -26Sell
RSI 39Sell
OBV -1953000Sell
VWAP 32Buy
ADL 0Sell
ROC -32Sell
Force Index 0Sell

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 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 SELL signal for Metropolitan Bank in short term and the sell signal is strong.

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 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 SELL signal in short term but selling is losing 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 32.24 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 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 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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Daily chart

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