Is Metro Brands technically bullish or bearish?

Oct 17 2025 08:12 AM IST
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As of October 16, 2025, the trend is bullish with moderate strength, supported by bullish MACD and moving averages, though caution is advised due to mixed signals from the monthly MACD and Dow Theory.
As of 16 October 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with moderate strength. Key indicators driving this include a bullish MACD on the weekly timeframe, bullish moving averages on the daily timeframe, and a bullish KST on both weekly and monthly timeframes. However, the monthly MACD remains mildly bearish, and Dow Theory indicates a mildly bearish stance on the weekly timeframe, suggesting some caution. Overall, the bullish trend is supported by the daily moving averages and the weekly KST despite mixed signals from other indicators.
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