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Technicals for Metro Brands Limited
By MusingTheNews
2025-05-30 20:47
Overall Technical outlook
Price Summary
On 2025-05-30, Metro Brands Limited's stock started at 1214.0, soared to 1219.7, dropped to 1201.9, and finished the day -0.6% lower at 1206.7, with a trading volume of 50378 shares. The stock's peak price over the last 52 weeks is 1383.45, with the lowest being 1011.2. Analysts expect the price of METROBRAND to vary between 950.0 and 1400.0, with an average expected price near 1243.6818.
Technicals
Support and Resistance: The price of 1206.7 is supported at 1188.75 and capped by resistance at 1248.9. These levels mark key points for Metro Brands Limited where the price could find stability, with 1188.75 as a floor and 1248.9 as a ceiling. Support/Resistance for METROBRAND
Aroon: The AROON is currently neutral, showing no clear bias toward an upward or downward trend. This suggests that the market may be in a phase of indecision or consolidation. Aroon chart for Metro Brands Limited
Bol. Bands: The BOLL BANDS is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Bolinger Bands chart for Metro Brands Limited
Parabolic SAR: The PSAR has just reversed from bullish to bearish, signaling a potential trend change. If this move is confirmed by other indicators, it could indicate a strong bearish trend. Investors should be cautious and watch for further signs of a market downturn before acting. Parabolic Stop and Reverse chart for Metro Brands Limited
Stochastic: The STOCHASTIC is in a neutral stance for METROBRAND, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand. Stochastic chart for Metro Brands Limited
Tripple Moving Agerage: The Tripple MOVING AVG is currently neutral, offering no clear guidance on market direction. This suggests that the market may be in a state of pause, with no strong trend emerging. Tripple SMA chart for Metro Brands Limited
In order to draw meaningful inferences from a company's technical data, it is essential to first consider its fundamentals. This includes reviewing financial metrics like revenue, profit margins, and debt-to-equity ratios. Additionally, understanding the broader industry landscape, including market trends and competitive pressures, is crucial. By integrating these insights with the company's technical performance, such as stock price fluctuations and trading volume, one can make more informed investment decisions.
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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