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Technicals for Metro Brands Limited
By MusingTheNews
2025-07-16 20:46
Overall Technical outlook
Price Summary
On 2025-07-16, Metro Brands Limited's stock opened at 1184.9, reached 1189.6, hit a low of 1169.9, and rose -1.02% to close at 1172.8, with 42501 shares traded. Over the previous 52 weeks, the stock reached a high of 1383.45 and a low of 1011.2. 21 analysts forecast that the price of METROBRAND will range from 925.0 to 1400.0, with an average expected price near 1260.1428.
Technicals
Support and Resistance: The current price sits at 1172.8, supported at 1130.1 and capped by resistance at 1206.55. These levels define a range for METROBRAND where the price might stabilize, with 1130.1 as a floor and 1206.55 as a ceiling. Support/Resistance for METROBRAND
Aroon: The AROON is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Aroon chart for Metro Brands Limited
Bol. Bands: The BOLL BANDS is neutral, showing no definitive signals of a trend either upward or downward. This neutral stance indicates a period of market indecision, where the direction is unclear. Bolinger Bands chart for Metro Brands Limited
Parabolic SAR: The PSAR maintains a bullish outlook, reinforcing a support level that could help uphold the market's upward trend. This suggests that the market is likely to continue climbing, with the support providing a solid base for further gains. Parabolic Stop and Reverse chart for Metro Brands Limited
Stochastic: The current state of the STOCHASTIC is neutral, with no clear trend direction indicated. This lack of directional bias suggests that the market may be in a phase of consolidation or uncertainty. Stochastic chart for Metro Brands Limited
Tripple Moving Agerage: The Tripple MOVING AVG is in a neutral stance, not pointing to a clear trend in either direction. This suggests that the market may be lacking strong momentum, making it difficult to predict the next move. Tripple SMA chart for Metro Brands Limited
To accurately interpret a company's technical data, it is important to first examine its fundamentals. These include financial performance, management quality, and growth prospects. In addition, understanding the dynamics of the industry in which the company operates—such as competition, market trends, and regulatory factors—provides further insights. This combined analysis helps create a fuller picture, allowing for more precise conclusions to be drawn from the company's technical performance and stock behavior.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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