METLIFE INC (MET) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:MET - US59156R1086 - Common Stock
We assign a technical rating of 4 out of 10 to MET. In the last year, MET was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
MET has an average technical rating and it also does not offer a high 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.
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67.74
When analyzing the support we can see 3 important areas.
- Support @76.16 from a trend line in the weekly time frame.
- A support zone ranging from 73.82 to 74.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 68.42 to 70.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 80.51 to 81.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 88.23 to 88.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for MET is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MET is neutral. |
| ChartMill Relative Strength | 35.09 | NEUTRAL | MET is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of MET is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MET is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of MET is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.15 | NEUTRAL | The RSI value for MET is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.26 | NEGATIVE | The MACD value suggests MET has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 24.73 | NEUTRAL | The Stochastics value for MET is a neutral value. |
| Average True Range in percent/ATR (20) | 1.6 | LOW VOLATILITY | The low ATR as a percentage value for MET suggests low volalility. |
| Average Directional Index/ADX (14) | 20.09 | NEUTRAL | The ADX value for MET suggests a possible start of a new trend. |
80.32
+1.38 (+1.75%)
METLIFE INC / MET FAQ
What is the technical rating for MET stock?
ChartMill assigns a technical rating of 4 / 10 to MET.
What is the trend direction for MET stock?
The current trend direction for METLIFE INC (MET) is Bearish.
What is the RSI signal for MET stock?
METLIFE INC (MET) has an RSI value of 53.1539. This indicates that the stock is currently neutral.
What is the short term momentum for MET stock?
The short term momentum for METLIFE INC (MET) is neutral.
What are the support and resistance levels for METLIFE INC (MET) stock?
METLIFE INC (MET) has a support level at 76.16 and a resistance level at 80.51. Check the full technical report for our detailed analysis of MET support and resistance levels.