MET.EXTRA GROUP SPA (MET.MI) Stock Technical Analysis
Europe - BIT:MET - IT0005481855 - Common Stock
1.46 EUR
-0.06 (-3.95%)
Overall MET gets a technical rating of 0 out of 10. MET scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, MET is a bad performer in the overall market: 100% of all stocks are doing better.
MET is one of the lesser performing stocks in the Financial Services industry. 102% of 46 stocks in the same industry do better.
MET is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month MET has a been trading in the 1.38 - 1.82 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Warning: MET has an average volume of 3146 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
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
1.45
2.88
We can see 3 important resistance areas.
- A resistance zone ranging from 1.59 to 1.60. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @2.35 from a trend line in the daily time frame.
- Resistance @2.85 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 | DOWN | NEGATIVE | The short term trend for MET.MI is down. |
| ChartMill Relative Strength | 0.66 | NEGATIVE | MET.MI has a low relative strength, it was outperformed by 99.34% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MET.MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MET.MI is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 34.91 | NEUTRAL | The RSI value for MET.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests MET.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 18.19 | OVERSOLD | The low Stochastics value suggests MET.MI may be oversold. |
| Average True Range in percent/ATR (20) | 7.88 | HIGH VOLATILITY | The high ATR as a percentage value for MET.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 32.49 | POSITIVE | The high ADX value value for MET.MI suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
BIT:MET (9/10/2025, 7:00:00 PM)
1.46
-0.06 (-3.95%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg-3.95%
1 Week-8.18%
2 Weeks-15.61%
1 Month-14.12%
3 Month-41.13%
6 Month-49.66%
12 Month-75.91%
2 Year-58.29%
3 Year-63.86%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%7.88%
ATR Inc13.95%
Range Today0.01
ADR(20)0.06
ADR(20)%4.42%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.66
Mansfield-6.75
10 Day High1.79
10 Day Low1.45
20 Day High1.82
20 Day Low1.38
52 Week High5.86
52 Week Low1.38
CS1 EndN/A
CR1 Start1.59
Volume & EV
DER(3)0%
DER(5)0%
Volume28
Volume Incr23.73%
Vol(5)3.53K
Vol(50)3.15K