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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 2024-04-12 View latest technical analysis

10 day averaged volume of Metro Brands is 265437

Date	Daily Closing Price	Open	High	Low	Volume
12 Fri Apr 2024	1049.20	1055.00	1067.80	1042.65	0.438 times
10 Wed Apr 2024	1059.90	1039.60	1073.20	1035.75	0.528 times
09 Tue Apr 2024	1039.10	1063.00	1069.80	1029.55	1.834 times
08 Mon Apr 2024	1057.90	1078.55	1092.50	1052.80	1.233 times
05 Fri Apr 2024	1079.45	1086.35	1097.50	1069.35	1.007 times
04 Thu Apr 2024	1079.30	1120.00	1120.00	1075.05	0.47 times
03 Wed Apr 2024	1095.60	1104.75	1123.40	1091.50	2.712 times
02 Tue Apr 2024	1102.75	1143.45	1173.45	1095.00	0.593 times
01 Mon Apr 2024	1129.55	1165.50	1168.05	1120.00	0.486 times
28 Thu Mar 2024	1153.95	1157.00	1160.45	1136.00	0.513 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 1046.2 as stoploss in an intra day buy trade for a target of 1089.4. However, stock will show a bearish move below 1046.2.

Share price targets for Metro Brands (METROBRAND)

Target Type	Value
Downside Target	1016.05
Upside Target	1055.75
Upside Target	1092.50
Upside Target	1119.10
Upside Target	1173.45
Upside Target	1183.20
Upside Target	1238.50
Upside Target	1242.75
Upside Target	1317.25
Upside Target	1404.95

Intraday share price targets for Metro Brands (METROBRAND)

Target Type	Value
Downside Intraday Target	1021.67
Downside Intraday Target	994.13
Upside Intraday Target	1084.62
Upside Intraday Target	1120.03
Upside Intraday Target	1057.08

Weekly technical analysis of Metro Brands (METROBRAND)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Fri Apr 2024	1049.20	1078.55	1092.50	1029.55	0.766 times
05 Fri Apr 2024	1079.45	1165.50	1173.45	1069.35	3.1 times
28 Thu Mar 2024	1153.95	1130.35	1162.00	1119.10	0.062 times
22 Fri Mar 2024	1122.05	1088.00	1238.50	1027.95	3.034 times
15 Fri Mar 2024	1078.75	1132.00	1141.00	1016.05	3.841 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
12 Fri Apr 2024	1049.20	1165.50	1173.45	1029.55	0.226 times
28 Thu Mar 2024	1153.95	1133.40	1238.50	1016.05	2.624 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

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 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 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 Weak and stock is losing 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 weakening, and bulls are picking up momentum!

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 BUY signal in short term and the buying is gaining 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 1079.03 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.