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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 2024-08-21 View latest technical analysis

10 day averaged volume of Metro Brands is 186589

Date	Daily Closing Price	Open	High	Low	Volume
21 Wed Aug 2024	1383.45	1341.00	1396.00	1328.60	1.505 times
20 Tue Aug 2024	1343.45	1315.00	1358.00	1305.10	1.348 times
19 Mon Aug 2024	1321.50	1331.40	1344.85	1304.30	0.511 times
16 Fri Aug 2024	1328.60	1325.75	1356.60	1312.95	0.553 times
14 Wed Aug 2024	1300.65	1279.55	1364.00	1226.25	1.486 times
13 Tue Aug 2024	1269.65	1315.80	1318.55	1266.00	0.634 times
12 Mon Aug 2024	1310.85	1331.00	1357.50	1305.05	0.588 times
09 Fri Aug 2024	1343.85	1349.00	1430.00	1335.10	3.116 times
08 Thu Aug 2024	1338.95	1320.00	1376.00	1319.40	0.88 times
07 Wed Aug 2024	1309.25	1316.65	1364.85	1299.95	0.665 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 1383.8, for a target of 1353 or 1327.35

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	1275.00
Downside Target	1350.00
Downside Target	1364.00
Upside Target	1394.00
Upside Target	1396.00
Upside Target	1398.00
Upside Target	1430.00

Intraday share price targets for Metro Brands (METROBRAND)

Target Type	Value
Downside Intraday Target	1326.5
Downside Intraday Target	1269.55
Upside Intraday Target	1418.2
Upside Intraday Target	1452.95
Downside Intraday Target	1361.25

Weekly technical analysis of Metro Brands (METROBRAND)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Wed Aug 2024	1383.45	1331.40	1396.00	1304.30	1.031 times
16 Fri Aug 2024	1328.60	1331.00	1364.00	1226.25	0.619 times
09 Fri Aug 2024	1343.85	1306.75	1430.00	1299.75	2.323 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

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
21 Wed Aug 2024	1383.45	1356.35	1430.00	1226.25	0.439 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 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 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 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 BUY signal in short term and the buying is gaining 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 1333.33 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.