MET.EXTRA GROUP SPA (MET.MI) Technical Analysis
BIT:MET • IT0005481855
We assign a technical rating of 0 out of 10 to MET. 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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- 92% of all other stocks performed better in the past year than MET.
- MET is one of the lesser performing stocks in the Financial Services industry. 61% of 58 stocks in the same industry do better.
- MET is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- Warning: MET has an average volume of 5612 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- In the last month MET has a been trading in the 1.60 - 2.26 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
MET has a poor technical rating and the quality of the setup is also not perfect at the moment. Prices have been consolidating lately.
More info and screens
1.43
We found 4 important support areas.
- Support @1.71 from a horizontal line in the weekly time frame.
- Support @1.68 from a trend line in the daily time frame.
- Support @1.62 from a horizontal line in the daily time frame.
- Support @1.44 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 1.91 to 1.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.05 from a horizontal line in the daily time frame.
- Resistance @2.47 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 | NEUTRAL | NEUTRAL | The short term trend for MET.MI is neutral. |
| ChartMill Relative Strength | 8.51 | NEGATIVE | MET.MI has a low relative strength, it was outperformed by 91.49% 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 | MIXED | The current price of MET.MI is above a declining SMA(50). |
| Relative Strength Index/RSI (14) | 47.86 | NEUTRAL | The RSI value for MET.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests MET.MI has a negative trend. |
| Stochastics (14,3) | 59.94 | NEUTRAL | The Stochastics value for MET.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 8.41 | HIGH VOLATILITY | The high ATR as a percentage value for MET.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 22.68 | NEUTRAL | The ADX value for MET.MI suggests a possible start of a new trend. |
MET.MI Technicals: Chart, Performance Metrics, Trend & Indicators
BIT:MET (3/5/2026, 7:00:00 PM)
1.82
-0.03 (-1.62%)
MET.EXTRA GROUP SPA / MET.MI FAQ
What is the technical rating for MET stock?
ChartMill assigns a technical rating of 0 / 10 to MET.MI.
What is the trend direction for MET 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 47.8552. This indicates that the stock is currently neutral.
What is the short term momentum for MET stock?
The short term momentum for MET.EXTRA GROUP SPA (MET.MI) is neutral.
What are the support and resistance levels for MET.EXTRA GROUP SPA (MET.MI) stock?
MET.EXTRA GROUP SPA (MET.MI) has a support level at 1.71 and a resistance level at 1.91. Check the full technical report for our detailed analysis of MET.MI support and resistance levels.