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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 2024-10-17 View latest technical analysis

10 day averaged volume of Metro Brands is 86109

Date	Daily Closing Price	Open	High	Low	Volume
17 Thu Oct 2024	1268.30	1269.00	1287.70	1226.20	1.229 times
16 Wed Oct 2024	1260.75	1206.95	1272.00	1206.95	1.38 times
15 Tue Oct 2024	1206.10	1202.80	1221.95	1202.05	0.603 times
14 Mon Oct 2024	1204.85	1202.20	1226.55	1200.00	0.604 times
11 Fri Oct 2024	1225.60	1201.40	1238.00	1201.40	0.456 times
10 Thu Oct 2024	1210.05	1242.00	1242.15	1205.05	0.633 times
09 Wed Oct 2024	1230.05	1226.50	1249.60	1218.05	2.993 times
08 Tue Oct 2024	1219.45	1210.75	1238.60	1204.35	0.453 times
07 Mon Oct 2024	1212.55	1273.70	1273.70	1209.25	0.61 times
04 Fri Oct 2024	1255.25	1244.95	1264.90	1223.60	1.174 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1267.3, but if it comes below 1267.3, then a intra day sell could be more profitable.
If you take a sell trade below 1267.3, then use 1267.3 as stoploss and 1242.52 as target. However if you take a buy trade in stock , then use 1267.3 as stoploss and 1297 as target.

Share price targets for Metro Brands (METROBRAND)

Target Type	Value
Downside Target	990.05
Downside Target	1200.00
Upside Target	1273.70
Upside Target	1288.00
Upside Target	1294.00
Upside Target	1300.05
Upside Target	1318.40
Upside Target	1331.00
Upside Target	1398.00
Upside Target	1430.00

Intraday share price targets for Metro Brands (METROBRAND)

Target Type	Value
Downside Intraday Target	1216.3
Downside Intraday Target	1164.3
Upside Intraday Target	1304
Upside Intraday Target	1339.7
Downside Intraday Target	1252

Weekly technical analysis of Metro Brands (METROBRAND)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Thu Oct 2024	1268.30	1202.20	1287.70	1200.00	0.742 times
11 Fri Oct 2024	1225.60	1273.70	1273.70	1201.40	1.361 times
04 Fri Oct 2024	1255.25	1252.00	1300.05	1223.60	0.893 times
27 Fri Sep 2024	1275.75	1249.00	1294.00	1221.65	0.7 times
20 Fri Sep 2024	1246.55	1269.85	1288.00	1223.70	0.61 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
17 Thu Oct 2024	1268.30	1275.70	1300.05	1200.00	0.338 times
30 Mon Sep 2024	1275.65	1314.50	1318.40	1200.00	1.024 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

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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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

MACD generated a BUY signal for Metro Brands in short term but the buy signal is initial and weak.

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 SELL signal in short term and selling is picking up 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 1235.88 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 negative.

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