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Technicals for Metro Brands Limited
By MusingTheNews
2025-08-15 20:46
Overall Technical outlook
Price Summary
On 2025-08-14, Metro Brands Limited's stock opened at 1112.9, spiked to 1117.1, declined to 1090.9, and closed -1.11% down at 1100.5, with 92090 shares traded. The stock's peak price over the last 52 weeks is 1383.45, with the lowest being 1011.2. Based on recommendations from 22 analysts, the future price of METROBRAND is expected to range from 980.0 to 1400.0, with an average price expectation around 1263.2727.
Technicals
Support and Resistance: The price for METROBRAND at 1100.5 is supported by the 1061.85 level and faces resistance at 1130.1. This range indicates key levels where the price may find buyers near 1061.85 and sellers near 1130.1, defining a trading range. Support/Resistance for METROBRAND
Aroon: The continuation of Aroon's bearish trend, with Aroon Down remaining at 100, indicates sustained market weakness for Metro Brands Limited. To fully assess the implications of this trend, it should be examined in conjunction with other technical indicators. Aroon chart for Metro Brands Limited
Bol. Bands: The BOLL BANDS 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. Bolinger Bands chart for Metro Brands Limited
Parabolic SAR: The PSAR maintains a bearish outlook for METROBRAND, establishing a key resistance level that could limit further gains. This ongoing bearish trend suggests that the market may struggle to overcome this resistance, keeping upward movement subdued. Parabolic Stop and Reverse chart for Metro Brands Limited
Stochastic: The Stochastic K-line's drop beneath the D-line and under 20 suggests a mildly bearish market condition. This setup indicates that the market may face some downside risk, though the bearish tone is moderate. Investors should consider this as a potential early indicator of a shift for Metro Brands Limited. Stochastic chart for Metro Brands Limited
Tripple Moving Agerage: The moving averages for the 20, 50, and 100 periods are aligned in a bearish trend for METROBRAND, with their slopes further reinforcing the downward momentum. This alignment suggests that the overall market is experiencing sustained bearish pressure. The consistent downward slopes indicate that the bearish trend is likely to continue, signaling a strong and ongoing downward trajectory in the market. Tripple SMA chart for Metro Brands Limited
The technical analysis of a company's stock performance is valuable, but only when considered in conjunction with the company's fundamentals. These fundamentals, including financial strength, earnings growth, and leadership, provide a foundation for understanding market movements. Additionally, industry trends and competitive pressures play an important role. By integrating both fundamental and technical analysis, one can better evaluate the company's true potential and 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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