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(METROBRAND) Metro Brands complete technical analysis [charts+indicators] | Buy/Sell Metro Brands | (METROBRAND) share price targets

Complete technical analysis of Metro Brands (METROBRAND) by charts plus indicators, forecast predictions and share price targets for Metro Brands (METROBRAND)

Showing technical analysis as on 2024-03-21 View latest technical analysis

10 day averaged volume of Metro Brands is 668292

Date	Daily Closing Price	Open	High	Low	Volume
21 Thu Mar 2024	1130.15	1200.00	1213.80	1120.00	2.357 times
20 Wed Mar 2024	1175.15	1034.40	1238.50	1034.40	5.824 times
19 Tue Mar 2024	1032.25	1045.20	1057.95	1027.95	0.127 times
18 Mon Mar 2024	1045.10	1088.00	1090.70	1040.00	0.165 times
15 Fri Mar 2024	1078.75	1038.00	1112.00	1030.20	2.229 times
14 Thu Mar 2024	1038.95	1038.00	1069.70	1016.05	0.595 times
13 Wed Mar 2024	1041.30	1085.25	1096.75	1034.00	0.368 times
12 Tue Mar 2024	1080.55	1115.70	1122.75	1076.90	0.216 times
11 Mon Mar 2024	1113.90	1132.00	1141.00	1109.25	0.208 times
07 Thu Mar 2024	1134.30	1127.90	1141.60	1127.90	0.083 times

Stock of Metro Brands (METROBRAND) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bullish for shortterm, and stock might move up till 1151.5 or till 1200.6. Use a stoploss of 1110.53 and if this stock hits its stoploss, then it can fall down till 1069.59

Share price targets for Metro Brands (METROBRAND)

Target Type	Value
Downside Target	1016.05
Downside Target	1055.75
Downside Target	1101.05
Upside Target	1141.00
Upside Target	1183.20
Upside Target	1238.50
Upside Target	1242.75
Upside Target	1317.25
Upside Target	1404.95
Upside Target	1441.20

Intraday share price targets for Metro Brands (METROBRAND)

Target Type	Value
Downside Intraday Target	1025.9
Downside Intraday Target	921.65
Upside Intraday Target	1236.45
Upside Intraday Target	1342.75
Upside Intraday Target	1132.2

Weekly technical analysis of Metro Brands (METROBRAND)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Thu Mar 2024	1130.15	1088.00	1238.50	1027.95	2.343 times
15 Fri Mar 2024	1078.75	1132.00	1141.00	1016.05	3.841 times
07 Thu Mar 2024	1134.30	1135.05	1156.65	1105.00	0.732 times
02 Sat Mar 2024	1130.55	1148.80	1163.75	1106.80	0.866 times
23 Fri Feb 2024	1138.85	1126.35	1183.20	1101.05	1.207 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Metro Brands (METROBRAND)

Date	Monthly Closing Price	Open	High	Low	Volume
21 Thu Mar 2024	1130.15	1133.40	1238.50	1016.05	2.114 times
29 Thu Feb 2024	1139.10	1117.60	1183.20	1021.50	0.926 times
31 Wed Jan 2024	1096.40	1268.00	1317.25	1055.75	2.419 times
29 Fri Dec 2023	1272.20	1371.00	1404.95	1242.75	0.593 times

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Metro Brands (METROBRAND)

Price action analysis of Metro Brands ( (METROBRAND) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Metro Brands ( (METROBRAND) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Metro Brands ( (METROBRAND) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Metro Brands ( (METROBRAND) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Metro Brands stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Metro Brands in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Metro Brands Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a buy signal for Metro Brands in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Metro Brands is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1131.82 and Metro Brands (METROBRAND) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Metro Brands (METROBRAND) stock. Volume based technical analysis of Metro Brands (METROBRAND) stock is negative.

Metro Brands Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.