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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 2024-06-05 View latest technical analysis

10 day averaged volume of Metro Brands is 124304

Date	Daily Closing Price	Open	High	Low	Volume
05 Wed Jun 2024	1144.40	1106.00	1165.10	1090.20	0.642 times
04 Tue Jun 2024	1106.00	1150.70	1160.00	990.05	0.793 times
03 Mon Jun 2024	1150.70	1174.80	1174.80	1135.00	0.706 times
31 Fri May 2024	1135.55	1158.90	1196.00	1126.60	1.515 times
30 Thu May 2024	1165.05	1155.25	1180.00	1142.80	0.74 times
29 Wed May 2024	1161.05	1156.00	1176.10	1144.70	0.824 times
28 Tue May 2024	1160.05	1144.95	1164.85	1132.05	0.742 times
27 Mon May 2024	1153.70	1141.35	1169.90	1114.85	0.887 times
24 Fri May 2024	1141.35	1130.00	1159.60	1126.25	0.843 times
23 Thu May 2024	1125.05	1175.00	1198.90	1116.25	2.149 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 1161.5 as stoploss in an intra day sell trade for a target of 1123.14. However, stock will show a bullish move above 1161.5.

Share price targets for Metro Brands (METROBRAND)

Target Type	Value
Downside Target	990.05
Downside Target	1016.05
Downside Target	1082.95
Downside Target	1114.85
Upside Target	1152.00
Upside Target	1174.80
Upside Target	1183.20
Upside Target	1196.00
Upside Target	1198.90
Upside Target	1238.50

Intraday share price targets for Metro Brands (METROBRAND)

Target Type	Value
Downside Intraday Target	1031.37
Downside Intraday Target	918.33
Upside Intraday Target	1216.12
Upside Intraday Target	1287.83
Downside Intraday Target	1103.08

Weekly technical analysis of Metro Brands (METROBRAND)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Wed Jun 2024	1144.40	1174.80	1174.80	990.05	0.455 times
31 Fri May 2024	1135.55	1141.35	1196.00	1114.85	1.025 times
24 Fri May 2024	1141.35	1132.05	1198.90	1116.00	1.199 times
18 Sat May 2024	1133.40	1040.00	1152.00	1025.65	0.724 times
10 Fri May 2024	1037.35	1068.30	1082.95	1019.00	1.42 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Metro Brands (METROBRAND)

Date	Monthly Closing Price	Open	High	Low	Volume
05 Wed Jun 2024	1144.40	1174.80	1174.80	990.05	0.106 times
31 Fri May 2024	1135.55	1071.05	1198.90	1019.00	0.629 times
30 Tue Apr 2024	1073.50	1165.50	1173.45	1017.00	0.367 times
28 Thu Mar 2024	1153.95	1133.40	1238.50	1016.05	2.624 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Metro Brands ( (METROBRAND) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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

Price action analysis of Metro Brands ( (METROBRAND) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

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

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

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. Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Metro Brands in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling 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 1140.87 and Metro Brands (METROBRAND) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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.