Technical Analysis for MCBS - MetroCity Bankshares, Inc.

Grade Last Price % Change Price Change
grade F 14.65 3.10% 0.44
MCBS closed up 3.1 percent on Friday, February 21, 2020, on 84 percent of normal volume. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Strong N/A Down Down
Historical MCBS trend table...

Date Alert Name Type % Chg
Slingshot Bearish Bearish Swing Setup 0.00%
Bullish Engulfing Bullish 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
Oversold Stochastic Weakness 0.00%
Down 3 Days in a Row Weakness 3.10%
Down 4 Days in a Row Weakness 3.10%
Oversold Stochastic Weakness 3.10%
Down 3 Days in a Row Weakness 1.88%
Oversold Stochastic Weakness 1.88%
Oversold Stochastic Weakness 0.07%

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Profile

MetroCity Bankshares, Inc. is a holding company which engages in banking and financial solutions. It specializes in commercial banking and it offers such customary banking services as consumer and commercial checking accounts, savings accounts, certificates of deposit, commercial and consumer loans, money transfers and a variety of other banking services. It operates through the following segments: Construction and Development, Commercial Real Estate, Commercial and Industrial, Consumer, Residential Real Estate, and Other. The Construction and Development segment refers to the real estate development loans, the sale of property as well as construction projects in which the property will be used by the borrower. The Commercial Real Estate segment refers to the income-producing properties. The Commercial and Industrial segment relates to businesses and are generally secured by assets of the business. The Consumer segment consists of individuals and are secured by personal assets. The Other segment refers to the loans for residential real estate, farmland, and other loans. The company was founded in 2006 and is headquartered in Doraville, GA.
Financial Services Banking Bank Texas Capital Bank Loans Retail Banking Debt Credit Corus Bankshares Residential Real Estate Financial Solutions Customary Banking Services Real Estate Development Loans

Is MCBS a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 19.07
52 Week Low 0.0
Average Volume 49,391
200-Day Moving Average 0.00
50-Day Moving Average 16.96
20-Day Moving Average 15.97
10-Day Moving Average 15.03
Average True Range 0.69
ADX 29.21
+DI 15.27
-DI 25.75
Chandelier Exit (Long, 3 ATRs ) 16.43
Chandelier Exit (Short, 3 ATRs ) 16.14
Upper Bollinger Band 18.20
Lower Bollinger Band 13.74
Percent B (%b) 0.2
BandWidth 27.88
MACD Line -0.77
MACD Signal Line -0.59
MACD Histogram -0.1753
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 15.96
Resistance 3 (R3) 15.92 15.46 15.74
Resistance 2 (R2) 15.46 15.12 15.47 15.66
Resistance 1 (R1) 15.05 14.92 15.26 15.09 15.59
Pivot Point 14.59 14.59 14.69 14.60 14.59
Support 1 (S1) 14.18 14.25 14.39 14.22 13.71
Support 2 (S2) 13.72 14.05 13.73 13.64
Support 3 (S3) 13.31 13.72 13.56
Support 4 (S4) 13.35