Is Metro Brands technically bullish or bearish?

Sep 17 2025 08:08 AM IST
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As of September 16, 2025, the trend is bullish, supported by positive indicators like the MACD and Bollinger Bands, although caution is advised due to mildly bearish signals from the monthly MACD and KST.
As of 16 September 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish, supported by a bullish MACD on the weekly chart and bullish Bollinger Bands on both weekly and monthly time frames. The daily moving averages also indicate a bullish trend. However, the monthly MACD and KST show mildly bearish signals, suggesting some caution. Overall, the strength of the bullish stance is reinforced by the recent price action, with the stock trading above its previous close and near today's high.
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