METROCITY BANKSHARES INC (MCBS) Stock Technical Analysis
NASDAQ:MCBS - Nasdaq - US59165J1051 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to MCBS. MCBS has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
In the last month MCBS has a been trading in the 29.74 - 32.37 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When compared to the yearly performance of all other stocks, MCBS outperforms 62% of them, which is more or less in line with the market.
MCBS is an average performer in the Banks industry, it outperforms 44% of 405 stocks in the same industry.
MCBS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MCBS is lagging the market.
The technical rating of MCBS is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
29.11
33.20
We found 1 important support area.
- A support zone ranging from 29.40 to 29.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 31.32 to 32.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @32.87 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS62.11
Mansfield-0.21
10 Day High32.37
10 Day Low29.74
20 Day High32.37
20 Day Low29.74
52 Week High36.15
52 Week Low21.89
Performance
1 Week-4.79%
2 Weeks-6.54%
1 Month-3.9%
3 Month-14.81%
6 Month1.21%
12 Month24.19%
2 Year48.88%
3 Year23.53%
5 Year113.59%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.09
RSI(14)38.34
LBB30.12
UBB32.52
30.03
-0.58 (-1.89%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-1.89%
1 Week-4.79%
2 Weeks-6.54%
1 Month-3.9%
3 Month-14.81%
6 Month1.21%
12 Month24.19%
2 Year48.88%
3 Year23.53%
5 Year113.59%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.88
ATR(20)%2.81%
ATR Inc27.24%
Range Today1.28
ADR(20)0.8
ADR(20)%2.66%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS62.11
Mansfield-0.21
10 Day High32.37
10 Day Low29.74
20 Day High32.37
20 Day Low29.74
52 Week High36.15
52 Week Low21.89
CS1 End29.94
CR1 Start31.32
Volume & EV
DER(3)-1.93%
DER(5)-1.51%
Volume58.40K
Volume Incr13.76%
Vol(5)35.18K
Vol(50)38.45K