Is Metro Brands technically bullish or bearish?

Nov 07 2025 08:17 AM IST
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As of November 6, 2025, the technical trend has shifted to a bearish stance, with weekly and monthly indicators confirming this outlook despite mildly bullish daily moving averages.
As of 6 November 2025, the technical trend has changed from mildly bullish to sideways. The current technical stance is bearish, with strength indicated by the weekly MACD and Bollinger Bands both showing mildly bearish signals. The monthly indicators also reflect a bearish sentiment, with the MACD and Dow Theory confirming this outlook. While the daily moving averages are mildly bullish, they are not strong enough to counter the overall bearish trend observed in the weekly and monthly time frames. The stock has underperformed against the Sensex over the past month and year, further supporting the bearish view.
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