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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 2024-06-07 View latest technical analysis

10 day averaged volume of Metro Brands is 107183

Date	Daily Closing Price	Open	High	Low	Volume
07 Fri Jun 2024	1155.85	1165.25	1169.95	1153.80	0.269 times
06 Thu Jun 2024	1162.75	1167.30	1174.90	1149.55	1.079 times
05 Wed Jun 2024	1144.40	1106.00	1165.10	1090.20	0.745 times
04 Tue Jun 2024	1106.00	1150.70	1160.00	990.05	0.92 times
03 Mon Jun 2024	1150.70	1174.80	1174.80	1135.00	0.819 times
31 Fri May 2024	1135.55	1158.90	1196.00	1126.60	1.757 times
30 Thu May 2024	1165.05	1155.25	1180.00	1142.80	0.858 times
29 Wed May 2024	1161.05	1156.00	1176.10	1144.70	0.956 times
28 Tue May 2024	1160.05	1144.95	1164.85	1132.05	0.861 times
27 Mon May 2024	1153.70	1141.35	1169.90	1114.85	1.028 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 1160.9 as stoploss in an intra day sell trade for a target of 1135.77. However, stock will show a bullish move above 1160.9.

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	1038.97
Downside Intraday Target	922.08
Upside Intraday Target	1223.82
Upside Intraday Target	1291.78
Downside Intraday Target	1106.93

Weekly technical analysis of Metro Brands (METROBRAND)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Fri Jun 2024	1155.85	1174.80	1174.90	990.05	0.702 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
07 Fri Jun 2024	1155.85	1174.80	1174.90	990.05	0.163 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 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 coming down

CCI has generated a SELL signal for Metro Brands in short term but SELL 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

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 1148.04 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.