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* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of MTRAF
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Metro Inc. stock price down 0% on Thursday
(Updated on Jun 13, 2024)

Buy or Hold candidate since Jun 06, 2024 Loss -1.54% PDF

No changes to the price of Metro Inc. stock on the last trading day (Thursday, 13th Jun 2024). During the last trading day the stock fluctuated 0% from a day low at $54.22 to a day high of $54.22. The price has risen in 4 of the last 10 days and is up by 1.01% over the past 2 weeks.

The stock lies in the middle of a weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 2.51% during the next 3 months and, with a 90% probability hold a price between $52.83 and $56.52 at the end of this 3-month period.

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MTRAF Signals & Forecast

The Metro Inc. stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately $54.64. On a fall, the stock will find some support from the long-term average at approximately $53.59. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. A buy signal was issued from a pivot bottom point on Tuesday, June 11, 2024, and so far it has risen 0.743%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss for Metro Inc. stock

Metro Inc. finds support from accumulated volume at $54.18 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the stock During the last day, the stock moved $0 between high and low, or 0%. For the last week the stock has had daily average volatility of 0%

Our recommended stop-loss: $51.11 (-5.73%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 3 days ago.)

Trading Expectations (MTRAF) For The Upcoming Trading Day Of Friday 14th

For the upcoming trading day on Friday, 14th we expect Metro Inc. to open at $54.22, and during the day (based on 14 day Average True Range), to move between $53.91 and $54.53, which gives a possible trading interval of +/-$0.306 (+/-0.56%) up or down from last closing price. If Metro Inc. takes out the full calculated possible swing range there will be an estimated 1.13% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $54.18 (0.07%) than the resistance at $54.37 (0.28%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Metro Inc. stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Metro Inc. stock to perform well in the short-term.

Current score: 1.131 Buy Candidate Unchanged

Predicted Opening Price for Metro Inc. of Friday, June 14, 2024

Fair opening price June 14, 2024 Current price
$54.22 ( 0%) $54.22

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for MTRAF

Fibonacci Support & Resistance Levels

Level Price
R3 54.22 -
R2 54.22 -
R1 54.22 -
Price 54.22
S1 54.22 -
S2 54.22 -
S3 54.22 -

Accumulated Volume Support & Resistance Levels

Level Price
R3 54.63 0.756%
R2 54.62 0.738%
R1 54.37 0.277%
Price 54.22
S1 54.18 -0.0738%
S2 54.13 -0.166%
S3 53.49 -1.35%

MTRAF Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 May 14, 2024 May 14, 2024 Jun 04, 2024 $0.245 0.448%
2 Feb 14, 2024 Feb 14, 2024 Mar 12, 2024 $0.250 0.457%
3 Oct 26, 2023 Oct 26, 2023 Nov 14, 2023 $0.219 0.405%
4 Aug 29, 2023 Aug 29, 2023 Sep 20, 2023 $0.223 0.414%
5 May 09, 2023 May 09, 2023 May 09, 2023 $0.226 0.392%

FAQ

What is the symbol for Metro Inc. Stock and on which exchange is it traded?
The symbol for Metro Inc. is MTRAF and it is traded on the PINK (Pink Sheets).

Should I buy or sell Metro Inc. Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Metro Inc. stock to perform well in the short-term.

How to buy Metro Inc. Stock?
Metro Inc. Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Metro Inc. Stock.

What's the current price of Metro Inc. Stock?
As of the end of day on the Jun 13, 2024, the price of an Metro Inc. (MTRAF) share was $54.22.

What is the 52-week high and low for Metro Inc. Stock?
The 52-week high for Metro Inc. Stock is $56.51 and the 52-week low is $49.26.

What is the market capitalization of Metro Inc. Stock?
As of the Jun 13, 2024, the market capitalization of Metro Inc. is 12.235B.

When is the next earnings date for Metro Inc.?
The upcoming earnings date for Metro Inc. is Aug 07, 2024.
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About Metro Inc.

Metro. Metro Inc. operates as a retailer, franchisor, distributor, and manufacturer in the food and pharmaceutical sectors in Canada. It operates supermarkets and discount stores that provide fresh and grocery products, baked goods, prepared foods, meats, dairy products, fruits and vegetables, frozen foods, bakery products, and pastries, as well as Mediterranean and Middle Eastern products. As of September 25, 2021, the company operated a network of app... MTRAF Profile

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