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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 2024-09-18 View latest technical analysis

10 day averaged volume of Metro Brands is 205656

Date	Daily Closing Price	Open	High	Low	Volume
18 Wed Sep 2024	1232.05	1262.80	1263.95	1223.70	0.975 times
17 Tue Sep 2024	1257.55	1264.85	1270.00	1247.30	0.307 times
16 Mon Sep 2024	1259.75	1269.85	1288.00	1252.15	0.372 times
13 Fri Sep 2024	1264.35	1267.00	1273.00	1250.00	0.948 times
12 Thu Sep 2024	1257.45	1255.00	1273.25	1248.00	0.59 times
11 Wed Sep 2024	1255.00	1250.05	1269.00	1218.30	0.676 times
10 Tue Sep 2024	1249.65	1243.80	1257.00	1233.00	0.459 times
09 Mon Sep 2024	1234.30	1248.00	1275.85	1200.00	1.478 times
06 Fri Sep 2024	1234.30	1288.95	1301.35	1228.00	0.947 times
05 Thu Sep 2024	1272.30	1293.80	1299.35	1263.00	0.325 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1242.7, but if it comes above 1242.7, then a intra day buy could be more profitable.
If you take a sell trade below 1242.7, then use 1242.7 as stoploss and 1196.5 as target. However if you take a buy trade in stock , then use 1242.7 as stoploss and 1281.13 as target.

Share price targets for Metro Brands (METROBRAND)

Target Type	Value
Downside Target	990.05
Downside Target	1019.00
Downside Target	1198.90
Upside Target	1275.85
Upside Target	1304.30
Upside Target	1318.40
Upside Target	1331.00
Upside Target	1364.15
Upside Target	1398.00
Upside Target	1402.50
Upside Target	1430.00

Intraday share price targets for Metro Brands (METROBRAND)

Target Type	Value
Downside Intraday Target	1207.83
Downside Intraday Target	1183.62
Upside Intraday Target	1272.13
Upside Intraday Target	1312.22
Upside Intraday Target	1247.92

Weekly technical analysis of Metro Brands (METROBRAND)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Wed Sep 2024	1232.05	1269.85	1288.00	1223.70	0.398 times
13 Fri Sep 2024	1264.35	1248.00	1275.85	1200.00	0.676 times
06 Fri Sep 2024	1234.30	1314.50	1318.40	1228.00	3.259 times
30 Fri Aug 2024	1306.05	1343.40	1364.15	1298.35	0.486 times
23 Fri Aug 2024	1340.10	1331.40	1402.50	1304.30	1.311 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
18 Wed Sep 2024	1232.05	1314.50	1318.40	1200.00	0.821 times
30 Fri Aug 2024	1306.05	1356.35	1430.00	1226.25	0.54 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

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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

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 SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Metro Brands in short term and the sell signal is strong.

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 red color and prices are below the red 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 SELL signal in short term and selling is picking up 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 1247.01 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.