Metropolis rounding bottomGood long term rounding bottom formation in Metropolis. Also there is small head & shoulders pattern that can give quick 10% upside. And ones main rounding bottom breakout done there is 50% upside for ATH.
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28.90 INR
1.28 B INR
12.08 B INR
25.94 M
About METROPOLIS HEALTHCARE LTD
Sector
Industry
CEO
Surendran Chemmenkotil
Website
Headquarters
Mumbai
Founded
1981
ISIN
INE112L01020
FIGI
BBG00D6R1H79
Metropolis Healthcare Ltd. engages in the provision of medical laboratories. It operates through the India and Outside India geographical segments. It offers comprehensive testing in the areas of genetics biochemistry, molecular oncology, anatomic pathology, microbiology, hematology, and immunochemistry. The company was founded by Sushil Kanubhai Shah and Gomathi Babu Sadacharam Kulandai Velu in 1981 and is headquartered in Mumbai, India.
A good place to exitMetropolis CMP 2220
FIBS- the stock has halted at 50% of its fall. The trend is still weak if it is unable to move above this zone.
RSI - the oscillator in the bear zone is telling me to be cautious.
Elliott- the rally is corrective in nature. So i know not to trust it.
Conclusion- this is a b
Metropolis - Expected SceneriosStock at strong resistance zone of 2170 - 2190
Expecting to resist this area to test the available support areas of 2130 - 40 first then 2050 -70
If not it may sure resist at 2210 -2240
In any case waiting for at least 1 good sign in 30 or 15 mins for entry
Any close above 2250 negates all the view
Metropolis Long Term Channel Support of 30%Perfect long term channel respected. Along with 200 SMA support also entering the zone.
Low downside potential and more upside with move towards ATH.
Bonus... Sector outperforming the benchmark index in present market conditions.
Metropolis Healthcare - Technical analysis Metropolis Healthcare Ltd. (MHCL): A Technical Analysis
Background:
Metropolis Healthcare Ltd. is a leading provider of diagnostic services in India. It offers a comprehensive range of laboratory tests and imaging services, catering to both individuals and healthcare institutions.
Technical Analysis
Metropolis Healthcare cmp 2274.05 by Weekly Chart views since li*Metropolis Healthcare cmp 2274.05 by Weekly Chart views since listed*
- Price Band 2295 to 2355 Resistance Band
- Stock Price is well above the EMA 21 > 50 > 100 > 200 levels
- Volumes are steady over past few weeks indicative of probable accumulation
- Weekly Support at 2189 > 2052 > 1910 with Res
Metropolis Healthcare Ltd - Breakout Setup, Move is ON...#METROPOLIS trading above Resistance of 2243
Next Resistance is at 2558
Support is at 1850
Here is previous chart:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Metropolis Healthcare for 140%+ gainsDate: 12 Oct’24
Symbol: Metropolis
Timeframe: Weekly
Metropolis Healthcare seems to be in Wave 3 in larger timeframe which is heading towards its all time high (ATH) of 3575 (~57% from current price of 2275) as seen in the chart. Wave 4 is likely to come down to around 2700 levels and in Wave 5, it
Breakout in Metropolis Healthcare Ltd...Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am
Bullish view for medium term Metropolis having 25% upside potential from CMP. Keep it in watchlist. Partial position can be build up at CMP. And can be added aggressively above 1900.
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Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of METROPOLIS is 2,224.00 INR — it has decreased by −0.11% in the past 24 hours. Watch METROPOLIS HEALTHCARE LTD stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on NSE exchange METROPOLIS HEALTHCARE LTD stocks are traded under the ticker METROPOLIS.
METROPOLIS stock has risen by 5.89% compared to the previous week, the month change is a 2.73% rise, over the last year METROPOLIS HEALTHCARE LTD has showed a 34.79% increase.
We've gathered analysts' opinions on METROPOLIS HEALTHCARE LTD future price: according to them, METROPOLIS price has a max estimate of 2,650.00 INR and a min estimate of 1,758.00 INR. Watch METROPOLIS chart and read a more detailed METROPOLIS HEALTHCARE LTD stock forecast: see what analysts think of METROPOLIS HEALTHCARE LTD and suggest that you do with its stocks.
METROPOLIS reached its all-time high on Dec 30, 2021 with the price of 3,579.90 INR, and its all-time low was 907.00 INR and was reached on May 13, 2019. View more price dynamics on METROPOLIS chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
METROPOLIS stock is 2.19% volatile and has beta coefficient of 0.79. Track METROPOLIS HEALTHCARE LTD stock price on the chart and check out the list of the most volatile stocks — is METROPOLIS HEALTHCARE LTD there?
Today METROPOLIS HEALTHCARE LTD has the market capitalization of 113.82 B, it has increased by 5.34% over the last week.
Yes, you can track METROPOLIS HEALTHCARE LTD financials in yearly and quarterly reports right on TradingView.
METROPOLIS HEALTHCARE LTD is going to release the next earnings report on Feb 7, 2025. Keep track of upcoming events with our Earnings Calendar.
METROPOLIS earnings for the last quarter are 9.10 INR per share, whereas the estimation was 9.13 INR resulting in a −0.31% surprise. The estimated earnings for the next quarter are 8.31 INR per share. See more details about METROPOLIS HEALTHCARE LTD earnings.
METROPOLIS HEALTHCARE LTD revenue for the last quarter amounts to 3.50 B INR, despite the estimated figure of 3.49 B INR. In the next quarter, revenue is expected to reach 3.32 B INR.
METROPOLIS net income for the last quarter is 465.19 M INR, while the quarter before that showed 379.47 M INR of net income which accounts for 22.59% change. Track more METROPOLIS HEALTHCARE LTD financial stats to get the full picture.
METROPOLIS HEALTHCARE LTD dividend yield was 0.23% in 2023, and payout ratio reached 16.03%. The year before the numbers were 0.64% and 28.66% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of Dec 14, 2024, the company has 4.74 K employees. See our rating of the largest employees — is METROPOLIS HEALTHCARE LTD on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. METROPOLIS HEALTHCARE LTD EBITDA is 3.14 B INR, and current EBITDA margin is 24.84%. See more stats in METROPOLIS HEALTHCARE LTD financial statements.
Like other stocks, METROPOLIS shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade METROPOLIS HEALTHCARE LTD stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So METROPOLIS HEALTHCARE LTD technincal analysis shows the buy rating today, and its 1 week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating METROPOLIS HEALTHCARE LTD stock shows the buy signal. See more of METROPOLIS HEALTHCARE LTD technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.