MCB NEWS why is Metropolitan Bank Holding Corp. price falling or rising

MCB NEWS reasons for why stock price of Metropolitan Bank Holding Corp. is falling or rising

MCB Metropolitan Bank is falling or rising technical reasons

Technical analysis forecast for Metropolitan Bank Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Metropolitan Bank MCB at this time. Stock is falling and might fall more.

It appears as if Metropolitan Bank MCB gave a large move recently.

Stock of Metropolitan Bank (MCB) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

My analysis of Metropolitan Bank is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 52.1 as stoploss in an intra day buy trade for a target of 54.65. However, stock will show a bearish move below 52.1.

MCB Metropolitan Bank is falling or rising NEWS fundamental reasons

More announcements and NEWS

MCB Metropolitan Bank Holding Corp. current price & indicator signals

Moving Averages for Metropolitan Bank Holding Corp.

  • 5Day Average: 53.88
  • 12Day Average: 54.78
  • 20Day Average: 55.75
  • 50Day Average: 53.12
  • 100Day Average: 50.01
  • 150Day Average: 46.85
  • 200Day Average: 45.2

MCB Indicators & signals

Indicator MACD (12,26,9)

54.57, 54.45, 0.71
Indicator MACD is in positive zone

Indicator ADX (14)

2.13, 19.49, 20.34
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 55
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of MCB Metropolitan Bank Holding Corp. are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
04 Mon Nov 2024 53.15 52.26 to 53.82 -0.15% 0.89 times
01 Fri Nov 2024 53.23 52.73 to 55.27 -0.5% 0.89 times
31 Thu Oct 2024 53.50 53.42 to 55.85 -3.57% 0.7 times
30 Wed Oct 2024 55.48 54.20 to 57.07 2.65% 1.16 times
29 Tue Oct 2024 54.05 54.04 to 56.19 -3.84% 1.05 times
28 Mon Oct 2024 56.21 53.68 to 56.34 6.5% 0.84 times
25 Fri Oct 2024 52.78 52.55 to 54.93 -2.48% 0.63 times
24 Thu Oct 2024 54.12 53.52 to 55.03 -1.55% 1.49 times
23 Wed Oct 2024 54.97 54.31 to 55.67 -1.15% 0.51 times
22 Tue Oct 2024 55.61 55.01 to 56.17 -0.57% 0.94 times
21 Mon Oct 2024 55.93 55.49 to 57.92 -4.08% 1.78 times
18 Fri Oct 2024 58.31 58.31 to 64.10 -6.75% 3.77 times

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MCB NEWS why is Metropolitan Bank Holding Corp. price falling or rising

 

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