METRO INC/CN (MRU.CA) Stock Technical Analysis
Canada - TSX:MRU - CA59162N1096 - Common Stock
Overall MRU gets a technical rating of 5 out of 10. In the past year, MRU was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
MRU has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
89.37
We found 2 important support areas.
- A support zone ranging from 94.46 to 96.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 90.27 to 92.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- Resistance @104.66 from a horizontal line in the daily time frame.
- A resistance zone ranging from 106.99 to 107.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for MRU.CA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MRU.CA is up. |
| ChartMill Relative Strength | 43.54 | NEUTRAL | MRU.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MRU.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MRU.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of MRU.CA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.12 | NEUTRAL | The RSI value for MRU.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.5 | POSITIVE | The MACD value suggests MRU.CA has a positive trend. |
| Stochastics (14,3) | 88.15 | OVERBOUGHT | The high Stochastics value suggests MRU.CA may be overbought. |
| Average True Range in percent/ATR (20) | 1.66 | LOW VOLATILITY | The low ATR as a percentage value for MRU.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 20.87 | NEUTRAL | The ADX value for MRU.CA suggests a possible start of a new trend. |
TSX:MRU (11/19/2025, 7:00:00 PM)
98.77
+0.92 (+0.94%)
METRO INC/CN / MRU.CA FAQ
What is the ChartMill technical rating of METRO INC/CN (MRU.CA) stock?
ChartMill assigns a technical rating of 5 / 10 to MRU.CA.
What is the current trend direction of METRO INC/CN (MRU.CA) stock?
The current trend direction for METRO INC/CN (MRU.CA) is Bearish.
Can you provide the RSI signal for METRO INC/CN?
METRO INC/CN (MRU.CA) has an RSI value of 64.1171. This indicates that the stock is currently neutral.
What is the short term momentum for MRU stock?
The short term momentum for METRO INC/CN (MRU.CA) is positive.
Can you provide the support and resistance levels for METRO INC/CN?
METRO INC/CN (MRU.CA) has a support level at 96.78 and a resistance level at 104.66. Check the full technical report for our detailed analysis of MRU.CA support and resistance levels.