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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 2024-09-24 View latest technical analysis

10 day averaged volume of Metro Brands is 113786

Date	Daily Closing Price	Open	High	Low	Volume
24 Tue Sep 2024	1238.80	1246.70	1250.00	1227.50	0.432 times
23 Mon Sep 2024	1229.90	1249.00	1252.20	1221.65	0.589 times
20 Fri Sep 2024	1246.55	1235.60	1254.30	1234.05	0.836 times
19 Thu Sep 2024	1234.50	1235.95	1257.40	1227.00	0.753 times
18 Wed Sep 2024	1232.05	1262.80	1263.95	1223.70	1.762 times
17 Tue Sep 2024	1257.55	1264.85	1270.00	1247.30	0.555 times
16 Mon Sep 2024	1259.75	1269.85	1288.00	1252.15	0.672 times
13 Fri Sep 2024	1264.35	1267.00	1273.00	1250.00	1.713 times
12 Thu Sep 2024	1257.45	1255.00	1273.25	1248.00	1.066 times
11 Wed Sep 2024	1255.00	1250.05	1269.00	1218.30	1.223 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 1234.3 as stoploss in an intra day buy trade for a target of 1261.03. However, stock will show a bearish move below 1234.3.

Share price targets for Metro Brands (METROBRAND)

Target Type	Value
Downside Target	990.05
Downside Target	1019.00
Downside Target	1198.90
Upside Target	1288.00
Upside Target	1298.35
Upside Target	1318.40
Upside Target	1331.00
Upside Target	1364.15
Upside Target	1398.00
Upside Target	1430.00

Intraday share price targets for Metro Brands (METROBRAND)

Target Type	Value
Downside Intraday Target	1222.9
Downside Intraday Target	1207
Upside Intraday Target	1253.45
Upside Intraday Target	1268.1
Downside Intraday Target	1237.55

Weekly technical analysis of Metro Brands (METROBRAND)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Tue Sep 2024	1238.80	1249.00	1252.20	1221.65	0.223 times
20 Fri Sep 2024	1246.55	1269.85	1288.00	1223.70	0.61 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

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
24 Tue Sep 2024	1238.80	1314.50	1318.40	1200.00	0.92 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 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 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Metro Brands stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Metro Brands in short term and the sell 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. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Metro Brands in short term but BUY signal is weak.

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 1248.6 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.