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Technicals for Metro Brands Limited
By MusingTheNews
2025-06-13 20:46
Overall Technical outlook
Price Summary
A 5.77% jump in Metro Brands Limited's stock marked an stellar day on the market. Metro Brands Limited's stock began trading at 1150.0 on 2025-06-13, soared to 1236.4, dipped to 1150.0, and finished the day 5.77% higher at 1216.3, with 89558 shares exchanged. The top price for the stock in the last 52 weeks is 1383.45, with the bottom price being 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 price for METROBRAND at 1216.3 finds support at 1209.75 and resistance at 1287.2. This suggests a trading range, where 1209.75 serves as a support level and 1287.2 acts as a resistance point, potentially capping further gains. Support/Resistance for METROBRAND
Aroon: The AROON indicator signals a bearish trend, with Aroon Down rising and the Aroon Oscillator reversing. This suggests a downward trend reversal, indicating that price may face continued pressure. The shift in these indicators could be a sign of growing bearish sentiment. Aroon chart for Metro Brands Limited
Bol. Bands: The current price has made a bullish move by crossing above the middle Bollinger Band, having previously been lower than the lower band. This shift indicates a recovery from oversold conditions, with METROBRAND gaining upward momentum. The movement above the middle band suggests a potential reversal in the bearish trend, signaling a more positive outlook for future price action. Bolinger Bands chart for Metro Brands Limited
Parabolic SAR: The PSAR has recently reversed from bullish to bearish, hinting at a possible market downturn. If this shift is supported by other trends, it could represent a significant bearish signal for METROBRAND. Investors should be cautious and seek further confirmation before making decisions. 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 current state of the Tripple MOVING AVG is neutral for METROBRAND, providing no clear indication of a trend in either direction. This suggests that the market may be lacking momentum, making it difficult to predict future movements. Tripple SMA chart for Metro Brands Limited
Analyzing the technical indicators of a company, such as stock price and trading volume, requires first understanding its fundamentals. These fundamentals include profitability, growth potential, and market position. Furthermore, knowing the broader industry trends and competitive landscape provides critical context. When both the company's internal data and the external environment are considered, it allows for more meaningful conclusions about the company's technical performance and future trajectory.
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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