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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 2024-08-06 View latest technical analysis

10 day averaged volume of Metro Brands is 102449

Date	Daily Closing Price	Open	High	Low	Volume
06 Tue Aug 2024	1308.15	1329.65	1347.00	1300.05	0.399 times
05 Mon Aug 2024	1313.15	1306.75	1342.90	1299.75	0.71 times
02 Fri Aug 2024	1349.70	1331.00	1394.00	1326.10	1.533 times
01 Thu Aug 2024	1352.75	1356.35	1371.95	1334.30	0.58 times
31 Wed Jul 2024	1351.85	1356.85	1374.70	1345.20	0.345 times
30 Tue Jul 2024	1355.50	1341.95	1380.95	1330.60	1.34 times
29 Mon Jul 2024	1341.25	1316.85	1349.00	1311.85	0.333 times
26 Fri Jul 2024	1313.65	1275.00	1325.55	1275.00	1.68 times
25 Thu Jul 2024	1295.35	1309.90	1326.50	1290.00	1.409 times
24 Wed Jul 2024	1315.35	1336.00	1350.00	1302.25	1.431 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 1303.8 as stoploss in an intra day buy trade for a target of 1325.1. However, stock will show a bearish move below 1303.8.

Share price targets for Metro Brands (METROBRAND)

Target Type	Value
Downside Target	990.05
Downside Target	1017.00
Downside Target	1173.45
Downside Target	1198.90
Downside Target	1265.70
Upside Target	1347.00
Upside Target	1350.00
Upside Target	1358.00
Upside Target	1394.00
Upside Target	1398.00

Intraday share price targets for Metro Brands (METROBRAND)

Target Type	Value
Downside Intraday Target	1289.6
Downside Intraday Target	1271.05
Upside Intraday Target	1336.85
Upside Intraday Target	1365.55
Upside Intraday Target	1318.3

Weekly technical analysis of Metro Brands (METROBRAND)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Tue Aug 2024	1308.15	1306.75	1347.00	1299.75	0.269 times
02 Fri Aug 2024	1349.70	1316.85	1394.00	1311.85	0.698 times
26 Fri Jul 2024	1313.65	1301.70	1350.00	1275.00	1.946 times
19 Fri Jul 2024	1311.95	1330.85	1358.00	1297.25	0.075 times
12 Fri Jul 2024	1329.60	1315.00	1398.00	1265.70	14.188 times

Price has moved down 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 Tue Aug 2024	1308.15	1356.35	1394.00	1299.75	0.06 times
31 Wed Jul 2024	1351.85	1228.00	1398.00	1210.65	1.641 times
28 Fri Jun 2024	1228.50	1174.80	1331.00	990.05	1.34 times
31 Fri May 2024	1135.55	1071.05	1198.90	1019.00	0.629 times

Scroll below to view daily charts

Price has moved down 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 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 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 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 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. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Metro Brands in short term and SELL 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 1327.02 and Metro Brands (METROBRAND) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative 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.