METRO INC/CN (MRU.CA) Stock Technical Analysis
TSX:MRU - CA59162N1096 - Common Stock
99.78 CAD
-2.32 (-2.27%)
We assign a technical rating of 1 out of 10 to MRU. MRU has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
MRU is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so MRU is lagging the market slightly.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When comparing the performance of all stocks over the past year, MRU turns out to be only a medium performer in the overall market: it outperformed 44% of all stocks.
MRU is an average performer in the Consumer Staples Distribution & Retail industry, it outperforms 46% of 16 stocks in the same industry.
In the last month MRU has a been trading in the 97.91 - 107.78 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
MRU has a poor technical rating and the quality of the setup is also not perfect 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
95.78
109.04
2 important support areas can be observed.
- A support zone ranging from 98.39 to 99.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @96.75 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 101.43 to 104.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 | DOWN | NEGATIVE | The short term trend for MRU.CA is down. |
| ChartMill Relative Strength | 44.77 | NEUTRAL | MRU.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MRU.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MRU.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MRU.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 38.21 | NEUTRAL | The RSI value for MRU.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.33 | NEGATIVE | The MACD value suggests MRU.CA has a negative trend. |
| Stochastics (14,3) | 34.62 | NEUTRAL | The Stochastics value for MRU.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.91 | LOW VOLATILITY | The low ATR as a percentage value for MRU.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 18.92 | NEGATIVE | The low ADX value for MRU.CA suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
TSX:MRU (8/22/2025, 7:00:00 PM)
99.78
-2.32 (-2.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryConsumer Staples Distribution & Retail
Performance
% Chg-2.27%
1 Week0.67%
2 Weeks-4.93%
1 Month-5.19%
3 Month-5.39%
6 Month7.6%
12 Month18.79%
2 Year43.28%
3 Year44.44%
5 Year69.35%
10 Year187.22%
15 Year1889.41%
Volatility
ATR(14)2.2
ATR(20)%1.91%
ATR Inc-19.31%
Range Today2.53
ADR(20)1.77
ADR(20)%1.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS44.77
Mansfield-0.46
10 Day High106.32
10 Day Low97.91
20 Day High107.78
20 Day Low97.91
52 Week High109.2
52 Week Low81.01
CS1 End99.12
CR1 Start101.43
Volume & EV
DER(3)-0.46%
DER(5)-0.02%
Volume557.54K
Volume Incr54.65%
Vol(5)531.20K
Vol(50)385.83K