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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 2024-06-21 View latest technical analysis

10 day averaged volume of Metro Brands is 269509

Date	Daily Closing Price	Open	High	Low	Volume
21 Fri Jun 2024	1260.25	1302.15	1308.10	1250.05	0.341 times
20 Thu Jun 2024	1291.10	1239.90	1331.00	1227.25	2.146 times
19 Wed Jun 2024	1237.95	1259.00	1271.95	1228.00	0.773 times
18 Tue Jun 2024	1252.75	1157.00	1261.25	1155.00	2.827 times
14 Fri Jun 2024	1150.20	1132.00	1159.00	1130.25	2.317 times
13 Thu Jun 2024	1128.65	1130.00	1143.35	1122.25	0.751 times
12 Wed Jun 2024	1124.55	1134.00	1147.00	1122.10	0.12 times
11 Tue Jun 2024	1133.35	1151.35	1160.55	1130.00	0.188 times
10 Mon Jun 2024	1141.20	1161.90	1174.00	1132.45	0.341 times
07 Fri Jun 2024	1155.85	1165.25	1169.95	1153.80	0.107 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 1276, for a target of 1217 or 1167.82

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
Downside Target	1238.50
Upside Target	1331.00

Intraday share price targets for Metro Brands (METROBRAND)

Target Type	Value
Downside Intraday Target	1166.5
Downside Intraday Target	1072.75
Upside Intraday Target	1342.5
Upside Intraday Target	1424.75
Downside Intraday Target	1248.75

Weekly technical analysis of Metro Brands (METROBRAND)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Fri Jun 2024	1260.25	1157.00	1331.00	1155.00	1.638 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, 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 Fri Jun 2024	1260.25	1174.80	1331.00	990.05	1.211 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Metro Brands ( (METROBRAND) ) based on a short to mid 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.

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 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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green 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 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 1218.08 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.