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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 2024-06-06 View latest technical analysis

10 day averaged volume of Metro Brands is 122332

Date	Daily Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	1162.75	1167.30	1174.90	1149.55	0.946 times
05 Wed Jun 2024	1144.40	1106.00	1165.10	1090.20	0.652 times
04 Tue Jun 2024	1106.00	1150.70	1160.00	990.05	0.806 times
03 Mon Jun 2024	1150.70	1174.80	1174.80	1135.00	0.718 times
31 Fri May 2024	1135.55	1158.90	1196.00	1126.60	1.539 times
30 Thu May 2024	1165.05	1155.25	1180.00	1142.80	0.752 times
29 Wed May 2024	1161.05	1156.00	1176.10	1144.70	0.837 times
28 Tue May 2024	1160.05	1144.95	1164.85	1132.05	0.754 times
27 Mon May 2024	1153.70	1141.35	1169.90	1114.85	0.901 times
24 Fri May 2024	1141.35	1130.00	1159.60	1126.25	0.857 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1162.4, but if it comes below 1162.4, then a intra day sell could be more profitable.
If you take a sell trade below 1162.4, then use 1162.4 as stoploss and 1129.84 as target. However if you take a buy trade in stock , then use 1162.4 as stoploss and 1201.4 as target.

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
Downside Target	1152.00
Upside Target	1174.90
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	1043.57
Downside Intraday Target	924.38
Upside Intraday Target	1228.42
Upside Intraday Target	1294.08
Downside Intraday Target	1109.23

Weekly technical analysis of Metro Brands (METROBRAND)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	1162.75	1174.80	1174.90	990.05	0.653 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
06 Thu Jun 2024	1162.75	1174.80	1174.90	990.05	0.151 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 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 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 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 BUY signal for Metro Brands in short term and the buy signal is strong.

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

Metro Brands Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 and BUY signal is strong.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1147.18 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.