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Metro Bank (MTRO)

120.20p

15:34 23/11/20

  • 5.03% 5.75p
  • Today's Low & High
  • 115.05 / 124.30
  • Open / Previous Close
  • 117.20 / 114.25
  • 52-week range
  • -41.46% -85.00p
  • Volume
  • 3,859,019
  • Market Cap(million)
  • £207.25m

119.60p REAL TIME BATS

  • 16:39 23/11/20
  • 4.91%
  • 5.60p

Technical Analysis

Support and resistance levels

S1

1.03
-3.00%

R1

1.45
37.00%

S2

0.71
-33.00%

R2

2.28
115.00%

Technical comment

Short term
Medium term
Long term

Pivot Points

  • Levels of negotiation support
  • 1.04
  • 1.02
  • Levels of negotiation support resistance
  • 1.09
  • 1.12

Technical situation

Bearish in the long term, though short term won't be bearish-biased as long as it doesn't lose support at 0.71.

Recommendation

Short term comment

Though long-term trend or scenario is bearish, in the mid-term it stands for neutral. Only if it should lose the first important support located at 0.71, los intermediate terms would be bearish-biased together with the long-term structures.

Long term comment

From some months ago, long-term scenario remains bearish. Exhaustion signals that could alert for an upwards trend turn, furthermore, are not yet noticeable.

Indicator Previous Current Signal Comment
RSI 7 45.37 45.37 The RSI 7 doesn't show any sign of overbuy/oversell.
RSI 14 47.22 47.22 The RSI 14 doesn't show any sign of overbuy/oversell.
RSI 21 48.95 48.95 The RSI 21 doesn't show any sign of overbuy/oversell.
RSI 50 47.52 47.52 The RSI 50 doesn't show any sign of overbuy/oversell.
RSI 200 41.20 41.20 The RSI 200 doesn't show any sign of overbuy/oversell.
Fast Stochastic n/a n/a Intermediate zone for the indicator, no exhaustion signal.
Slow Stochastic n/a n/a Intermediate zone for the indicator, no exhaustion signal.
Simple Moving Average 7 1.05 1.05 Very short-term trend is indefinite.
Simple Moving Average 21 1.09 1.09
Simple Moving Average 50 1.10 1.11
Simple Moving Average 200 1.45 1.45
Exponential Moving Average 7 1.06 1.06 Very short-term trend is indefinite.
Exponential Moving Average 21 1.08 1.08 Short/Mid-term trend is indefinite.
Exponential Moving Average 50 1.08 1.08 Indefinite mid-term trend.
Exponential Moving Average 200 1.08 1.08 Indefinite long-term trend.
MACD Line -0.01 -0.01 Price following bullish trend.
MACD Signal 0.00 0.00 Price following bullish trend.
Bollinger 95 n/a n/a
Bollinger 99 n/a n/a
Double Exponential Moving Average 7 1.07 1.07 Very short-term trend is indefinite.
Double Exponential Moving Average 21 1.10 1.10
Double Exponential Moving Average 50 1.10 1.10 Indefinite mid-term trend.
Double Exponential Moving Average 200 1.10 1.10 Indefinite long-term trend.
Divergences n/a n/a NO
On Balance Vol. -4,109.92 -10,590.37 OBV is bearish.
Momentum 7 -0.01 0.02 High rising speed, though not extreme, in very short terms.
Momentum 7 -0.09 -0.06 Strong, though not extreme, falling speed in the short term.
% K Williams 47.37 47.37 Neutral, doesn't favour a price turn.
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