METRO INC/CN (MRU.CA) Stock Technical Analysis
TSX:MRU • CA59162N1096
Taking everything into account, MRU scores 1 out of 10 in our technical rating. MRU scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- 66% of all other stocks performed better in the past year than MRU.
- MRU is an average performer in the Consumer Staples Distribution & Retail industry, it outperforms 53% of 16 stocks in the same industry.
- MRU is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MRU is lagging the market.
- In the last month MRU has a been trading in the 89.64 - 99.98 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, MRU does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 96.90. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 92.20, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for MRU in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
89.37
We found 2 important support areas.
- Support @92.20 from a horizontal line in the daily time frame.
- A support zone ranging from 90.27 to 90.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 96.90 to 100.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @102.10 from a horizontal line in the daily time frame.
- A resistance zone ranging from 107.04 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 | DOWN | NEGATIVE | The long term trend for MRU.CA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MRU.CA is neutral. |
| ChartMill Relative Strength | 34.01 | NEUTRAL | MRU.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of MRU.CA is above 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) | DOWN | NEGATIVE | The current price of MRU.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.27 | NEUTRAL | The RSI value for MRU.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.33 | POSITIVE | The MACD value suggests MRU.CA has a positive trend. |
| Stochastics (14,3) | 56.9 | NEUTRAL | The Stochastics value for MRU.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.25 | MEDIUM VOLATILITY | The ATR as a percentage value for MRU.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 16.8 | NEGATIVE | The low ADX value for MRU.CA suggests a weak or negative trend. |
TSX:MRU (2/12/2026, 7:00:00 PM)
96.64
+1.43 (+1.5%)
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 1 / 10 to MRU.CA.
Can you provide the trend direction for METRO INC/CN?
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 53.2709. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for METRO INC/CN?
METRO INC/CN (MRU.CA) has a support level at 92.2 and a resistance level at 96.9. Check the full technical report for our detailed analysis of MRU.CA support and resistance levels.