MET.EXTRA GROUP SPA (MET.MI) Stock Technical Analysis
Europe - BIT:MET - IT0005481855 - Common Stock
Taking everything into account, MET scores 2 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. MET was also a bad performer in the overall market in the last year.
The technical rating of MET is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
1.43
2 important support areas can be observed.
- A support zone ranging from 2.00 to 2.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.44 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 2.14 to 2.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.27 from a horizontal line in the daily time frame.
- Resistance @2.70 from a trend line in the daily time frame.
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 MET.MI is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MET.MI is up. |
| ChartMill Relative Strength | 10.26 | NEGATIVE | MET.MI has a low relative strength, it was outperformed by 89.74% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MET.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of MET.MI is above a declining SMA(50). |
| Relative Strength Index/RSI (14) | 55.25 | NEUTRAL | The RSI value for MET.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests MET.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 75.19 | NEUTRAL | The Stochastics value for MET.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 6.59 | HIGH VOLATILITY | The high ATR as a percentage value for MET.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 29.35 | POSITIVE | The high ADX value value for MET.MI suggests a strong trend. |
BIT:MET (10/27/2025, 7:00:00 PM)
2.04
-0.1 (-4.67%)
MET.EXTRA GROUP SPA / MET.MI FAQ
What is the technical rating for MET stock?
ChartMill assigns a technical rating of 2 / 10 to MET.MI.
What is the current trend direction of MET.EXTRA GROUP SPA (MET.MI) stock?
The current trend direction for MET.EXTRA GROUP SPA (MET.MI) is Bearish.
What is the RSI signal for MET stock?
MET.EXTRA GROUP SPA (MET.MI) has an RSI value of 55.2532. This indicates that the stock is currently neutral.
What is the MACD signal for MET stock?
The MACD indicator for MET.EXTRA GROUP SPA (MET.MI) has a value of 0.0808422, indicating a bearish trend.
What is the buy/sell signal for MET.EXTRA GROUP SPA (MET.MI) stock?
The buy/sell signal for MET.EXTRA GROUP SPA (MET.MI) is hold as the short term and long term trends are mixed.