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Technicals for Metro Brands Limited
By MusingTheNews
2026-01-30 20:47
Overall Technical outlook
Price Summary
Metro Brands Limited had a phenomenal day at the stock market, and its shares rose 2.19%. On 2026-01-30, Metro Brands Limited's stock opened at 1028.0, reached 1063.7, hit a low of 1014.0, and rose 2.19% to close at 1050.5, with 160309 shares traded. Throughout the 52-week period, the stock hit a high of 1321.2 and a low of 1011.2. Analysts expect the price of METROBRAND to vary between 1000.0 and 1400.0, with an average expected price near 1272.0952.
Technicals
Support and Resistance: The current price sits at 1050.5, supported at 1026.4 and capped by resistance at 1107.6. These levels define a range for METROBRAND where the price might stabilize, with 1026.4 as a floor and 1107.6 as a ceiling. Support/Resistance for METROBRAND
Aroon: The current state of the AROON 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. Aroon chart for Metro Brands Limited
Bol. Bands: The BOLL BANDS is currently in a neutral position, offering no clear indication of movement up or down. This suggests that the market may be experiencing a period of equilibrium, with no strong trend in play. Bolinger Bands chart for Metro Brands Limited
Parabolic SAR: The PSAR remains bullish in its outlook, reinforcing a key support level that could help sustain the market's upward movement for METROBRAND. This support suggests that the bullish momentum is likely to persist, offering a foundation for further growth. Parabolic Stop and Reverse chart for Metro Brands Limited
Stochastic: The K-line has crossed above the D-line on the stochastic indicator while staying under 20, indicating a potential bullish move. This pattern is often viewed as an early sign that the market might begin to climb from a low level. Traders may consider this a favorable opportunity for a buying strategy. Stochastic chart for Metro Brands Limited
Tripple Moving Agerage: The 20-50-100 period moving averages suggest a bullish trend, though the weakening slopes of the shorter-term averages raise concerns about a potential reversal. While the overall momentum is still upward, the indications from the faster averages suggest that the trend might be nearing its end, warranting caution. 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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