Technical Analysis for MCBS - MetroCity Bankshares, Inc.

Grade Last Price % Change Price Change
grade B 17.0 0.65% 0.11
MCBS closed up 0.65 percent on Friday, December 13, 2019, on 3.75 times normal volume. The bulls were able to push the stock to a new 52-week high. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent N/A Up Up
See historical MCBS trend table...

Date Alert Name Type % Chg
Pocket Pivot Bullish Swing Setup 0.00%
Volume Surge Other 0.00%
New 52 Week High Strength 0.00%
Overbought Stochastic Strength 0.00%
Up 3 Days in a Row Strength 0.00%
Up 4 Days in a Row Strength 0.00%
Pocket Pivot Bullish Swing Setup 0.65%
New 52 Week High Strength 0.65%
Overbought Stochastic Strength 0.65%
Up 3 Days in a Row Strength 0.65%
Older signals for MCBS ...

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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 17.4
52 Week Low 0.0
Average Volume 32,019
200-Day Moving Average 0.00
50-Day Moving Average 14.52
20-Day Moving Average 15.29
10-Day Moving Average 16.25
Average True Range 0.66
ADX 18.73
+DI 38.70
-DI 15.49
Chandelier Exit (Long, 3 ATRs ) 15.42
Chandelier Exit (Short, 3 ATRs ) 15.59
Upper Bollinger Band 17.42
Lower Bollinger Band 13.16
Percent B (%b) 0.9
BandWidth 27.90
MACD Line 0.67
MACD Signal Line 0.47
MACD Histogram 0.2011
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 18.32
Resistance 3 (R3) 18.31 17.85 18.10
Resistance 2 (R2) 17.85 17.52 17.86 18.03
Resistance 1 (R1) 17.43 17.31 17.64 17.44 17.95
Pivot Point 16.97 16.97 17.08 16.98 16.97
Support 1 (S1) 16.55 16.64 16.76 16.56 16.05
Support 2 (S2) 16.09 16.43 16.10 15.97
Support 3 (S3) 15.67 16.09 15.90
Support 4 (S4) 15.68