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Technicals for Metro Brands Limited
By MusingTheNews
2025-12-15 20:48
Overall Technical outlook
Price Summary
Metro Brands Limited's stock opened at 1160.7 on 2025-12-11, surged to 1224.5, hit a low of 1140.1, and closed up 0.44% at 1165.8, with 242704 shares traded. The highest price the stock achieved in the past 52 weeks is 1321.2, while the lowest price it saw is 1011.2. Analysts' predictions indicate that METROBRAND's future price will be between 1050.0 and 1475.0, with a mean price expectation of approximately 1288.9524.
Technicals
Support and Resistance: At 1165.8, the price is held up by support at 1141.6 and faces resistance at 1203.9 for METROBRAND. This suggests a trading range where 1141.6 provides a base and 1203.9 limits upward movement. Support/Resistance for METROBRAND
Aroon: The Aroon indicator continues to show a bullish trend, with Aroon Up remaining at the 100 level. This suggests strong upward momentum, but the trend should be examined further using other indicators to confirm its strength and potential for continuation for METROBRAND. Aroon chart for Metro Brands Limited
Bol. Bands: The BOLL BANDS 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. Bolinger Bands chart for Metro Brands Limited
Parabolic SAR: The PSAR continues its bullish outlook, reinforcing a crucial support level that may help sustain the current upward trend. This support suggests that the market is likely to continue climbing, with the bullish momentum remaining strong. Parabolic Stop and Reverse chart for Metro Brands Limited
Stochastic: The current state of the STOCHASTIC is neutral, providing no clear signals for either an upward or downward movement. This indicates that the market may be in a state of equilibrium, with no strong momentum in either direction. Stochastic chart for Metro Brands Limited
Tripple Moving Agerage: The current state of the Tripple MOVING AVG is neutral, offering no clear signals of movement in either direction. This suggests a potential pause in market activity, with no strong trend emerging at the moment. Tripple SMA chart for Metro Brands Limited
Understanding a company's fundamentals—such as revenue, earnings, and debt levels—provides a solid foundation for analyzing its technical performance. Similarly, knowledge of the industry, including key competitors and market trends, is critical. Combining this fundamental analysis with technical indicators like stock charts, moving averages, and trading volume enables a more comprehensive approach to evaluating the company's overall health and potential future performance.
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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