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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 2024-06-19 View latest technical analysis

10 day averaged volume of Metro Brands is 208676

Date	Daily Closing Price	Open	High	Low	Volume
19 Wed Jun 2024	1237.95	1259.00	1271.95	1228.00	0.999 times
18 Tue Jun 2024	1252.75	1157.00	1261.25	1155.00	3.652 times
14 Fri Jun 2024	1150.20	1132.00	1159.00	1130.25	2.993 times
13 Thu Jun 2024	1128.65	1130.00	1143.35	1122.25	0.97 times
12 Wed Jun 2024	1124.55	1134.00	1147.00	1122.10	0.155 times
11 Tue Jun 2024	1133.35	1151.35	1160.55	1130.00	0.243 times
10 Mon Jun 2024	1141.20	1161.90	1174.00	1132.45	0.44 times
07 Fri Jun 2024	1155.85	1165.25	1169.95	1153.80	0.138 times
06 Thu Jun 2024	1162.75	1167.30	1174.90	1149.55	0.554 times
05 Wed Jun 2024	1144.40	1106.00	1165.10	1090.20	0.382 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 1228.4, for a target of 1187.6 or 1153.67

Share price targets for Metro Brands (METROBRAND)

Target Type	Value
Downside Target	990.05
Downside Target	1016.05
Downside Target	1114.85
Downside Target	1155.00
Downside Target	1174.90
Downside Target	1183.20
Downside Target	1196.00
Downside Target	1198.90
Upside Target	1238.50
Upside Target	1271.95

Intraday share price targets for Metro Brands (METROBRAND)

Target Type	Value
Downside Intraday Target	1171.32
Downside Intraday Target	1104.68
Upside Intraday Target	1288.27
Upside Intraday Target	1338.58
Downside Intraday Target	1221.63

Weekly technical analysis of Metro Brands (METROBRAND)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Wed Jun 2024	1237.95	1157.00	1271.95	1155.00	0.969 times
14 Fri Jun 2024	1150.20	1161.90	1174.00	1122.10	2.44 times
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

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
19 Wed Jun 2024	1237.95	1174.80	1271.95	990.05	0.945 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 to mid 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Metro Brands stock for short term is BUY. Signal strength is Strong and stock is gaining 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 green color and prices are above the green 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 and the buying is gaining 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 1191.49 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.