While this happened, Stephens upgraded its Monro Inc [MNRO] rating to an Overweight from a an Equal-weight in a research note published recently. A number of analysts have revised their coverage, including Wedbush’s analysts, who began to cover the stock in mid December with a ‘”an Outperform”‘ rating. Stephens began covering MNRO with “an Equal-weight” recommendation on October 15, 2024. Wells Fargo started covering the stock on September 07, 2023. It rated MNRO as “an Equal weight”.
Price Performance Review of MNRO
On Tuesday, Monro Inc [NASDAQ:MNRO] saw its stock fall -3.05% to $13.35. Over the last five days, the stock has lost -5.99%. Monro Inc shares have fallen nearly -46.17% since the year began. Nevertheless, the stocks have fallen -50.45% over the past one year. While a 52-week high of $31.49 was reached on 01/02/25, a 52-week low of $13.50 was recorded on 05/06/25. SMA at 50 days reached $15.61, while 200 days put it at $23.07.
Levels Of Support And Resistance For MNRO Stock
The 24-hour chart illustrates a support level at 13.23, which if violated will result in even more drops to 13.10. On the upside, there is a resistance level at 13.57. A further resistance level may holdings at 13.78. The Relative Strength Index (RSI) on the 14-day chart is 33.77, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.33, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 98.36%. Stochastics %K at 20.75% indicates the stock is a holding.
The most recent change occurred on September 30, 2020 when Wolfe Research began covering the stock and recommended ‘”a Peer perform”‘ rating .
