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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 2024-03-19 View latest technical analysis

10 day averaged volume of Metro Brands is 315607

Date	Daily Closing Price	Open	High	Low	Volume
19 Tue Mar 2024	1032.25	1045.20	1057.95	1027.95	0.269 times
18 Mon Mar 2024	1045.10	1088.00	1090.70	1040.00	0.348 times
15 Fri Mar 2024	1078.75	1038.00	1112.00	1030.20	4.72 times
14 Thu Mar 2024	1038.95	1038.00	1069.70	1016.05	1.26 times
13 Wed Mar 2024	1041.30	1085.25	1096.75	1034.00	0.779 times
12 Tue Mar 2024	1080.55	1115.70	1122.75	1076.90	0.458 times
11 Mon Mar 2024	1113.90	1132.00	1141.00	1109.25	0.441 times
07 Thu Mar 2024	1134.30	1127.90	1141.60	1127.90	0.175 times
06 Wed Mar 2024	1127.90	1134.00	1140.30	1105.00	0.393 times
05 Tue Mar 2024	1133.85	1135.40	1143.45	1123.55	0.931 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 1023.6, for a target of 1069.6 or 1107.87

Share price targets for Metro Brands (METROBRAND)

Target Type	Value
Downside Target	1016.05
Upside Target	1055.75
Upside Target	1090.70
Upside Target	1141.00
Upside Target	1160.50
Upside Target	1163.75
Upside Target	1183.20
Upside Target	1242.75
Upside Target	1317.25
Upside Target	1404.95
Upside Target	1441.20

Intraday share price targets for Metro Brands (METROBRAND)

Target Type	Value
Downside Intraday Target	1009.9
Downside Intraday Target	987.55
Upside Intraday Target	1072.65
Upside Intraday Target	1113.05
Upside Intraday Target	1050.3

Weekly technical analysis of Metro Brands (METROBRAND)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Tue Mar 2024	1032.25	1088.00	1090.70	1027.95	0.081 times
15 Fri Mar 2024	1078.75	1132.00	1141.00	1016.05	3.841 times
07 Thu Mar 2024	1134.30	1135.05	1156.65	1105.00	0.732 times
02 Sat Mar 2024	1130.55	1148.80	1163.75	1106.80	0.866 times
23 Fri Feb 2024	1138.85	1126.35	1183.20	1101.05	1.207 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
19 Tue Mar 2024	1032.25	1133.40	1159.00	1016.05	0.8 times
29 Thu Feb 2024	1139.10	1117.60	1183.20	1021.50	0.926 times
31 Wed Jan 2024	1096.40	1268.00	1317.25	1055.75	2.419 times
29 Fri Dec 2023	1272.20	1371.00	1404.95	1242.75	0.593 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 neutral. A longer time frame might give a better analysis.

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 gaining momentum.

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

Metro Brands Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 but selling is losing 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 1078.05 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.