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Technicals for Metro Brands Limited
By MusingTheNews
2025-04-25 20:46
Overall Technical outlook
Price Summary
On 2025-04-25, Metro Brands Limited's stock began at 1091.1, peaked at 1099.8, bottomed at 1060.3, and closed -1.1% down at 1079.1, with a volume of 33399 shares. During the past 52 weeks, the highest stock price was 1383.45, and the lowest was 1011.2. Based on recommendations from 22 analysts, the future price of METROBRAND is expected to range from 950.0 to 1400.0, with an average price expectation around 1243.6818.
Technicals
Support and Resistance: The current price of 1079.1 for METROBRAND finds support at 1011.2 and resistance at 1095.25. These levels define a range in which the price might oscillate, with 1011.2 as a potential support and 1095.25 as a resistance level. 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 continues to indicate a bullish outlook, setting a crucial support level. This strong support could bolster the ongoing upward trend, suggesting that the market may remain in a positive trajectory. Investors may view this as a sign of sustained bullish momentum. Parabolic Stop and Reverse chart for Metro Brands Limited
Stochastic: The K-line for METROBRAND has dipped below the D-line on the stochastic indicator, while remaining above 80, suggesting that a bearish price move might be beginning. This pattern could indicate that the market's upward momentum is fading, possibly leading to a decline. Investors should keep an eye on this potential reversal. Stochastic chart for Metro Brands Limited
Tripple Moving Agerage: The Tripple MOVING AVG is in a neutral stance, with no clear direction indicated for the market. This lack of clarity suggests that the market may be in a state of equilibrium for METROBRAND, with no strong trend emerging. Tripple SMA chart for Metro Brands Limited
Before focusing on technical indicators like stock price and volume, it's important to consider a company's fundamentals. These include financial metrics such as profitability, revenue growth, and debt levels. Furthermore, understanding the industry landscape, including competition and consumer trends, provides essential context. By combining this fundamental analysis with technical data, investors can make more informed decisions and draw deeper conclusions about the company's potential for future growth and success.
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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