METRO INC/CN (MRU.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:MRU - CA59162N1096 - Common Stock
Overall MRU gets a technical rating of 6 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 only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 97.97, a Stop Loss order could be placed below this zone.
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89.37
2 important support areas can be observed.
- A support zone ranging from 95.50 to 97.97. 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 92.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 99.48 to 102.10. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- 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 | 43.66 | NEUTRAL | MRU.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of MRU.CA is below 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) | 53.19 | NEUTRAL | The RSI value for MRU.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.27 | NEGATIVE | The MACD value suggests MRU.CA has a negative trend. |
| Stochastics (14,3) | 32.53 | NEUTRAL | The Stochastics value for MRU.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.48 | LOW VOLATILITY | The low ATR as a percentage value for MRU.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 14.02 | NEGATIVE | The low ADX value for MRU.CA suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 99.50 | 97.73 | 1.77 (1.77%) | 25.00% |
| An entry @99.50. This is a Buy Stop order right above the 10 day moving average. | An exit @97.73. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.77 points, which is 1.77%. | For a 0.44% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of MRU. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX:MRU (12/12/2025, 7:00:00 PM)
99.02
+0.1 (+0.1%)
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 6 / 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 53.1926. 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 97.97 and a resistance level at 99.48. Check the full technical report for our detailed analysis of MRU.CA support and resistance levels.