METLIFE INC (MET) Stock Technical Analysis
NYSE:MET - New York Stock Exchange, Inc. - US59156R1086 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to MET. MET has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
MET has an average volume of 3423380 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When comparing the performance of all stocks over the past year, MET turns out to be only a medium performer in the overall market: it outperformed 57% of all stocks.
MET is an average performer in the Insurance industry, it outperforms 58% of 143 stocks in the same industry.
MET is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MET is lagging the market slightly.
In the last month MET has a been trading in the 75.94 - 81.10 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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
67.74
89.13
We found 1 important support area.
- A support zone ranging from 68.42 to 70.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 77.76 to 79.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @81.16 from a horizontal line in the daily time frame.
- Resistance @83.70 from a trend line in the daily time frame.
- Resistance @85.88 from a horizontal line in the daily time frame.
- 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 | 57.39 | NEUTRAL | MET is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MET is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of MET is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of MET is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.28 | NEUTRAL | The RSI value for MET is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.19 | NEGATIVE | The MACD value suggests MET has a negative trend. |
| Stochastics (14,3) | 50.79 | NEUTRAL | The Stochastics value for MET is a neutral value. |
| Average True Range in percent/ATR (20) | 1.78 | LOW VOLATILITY | The low ATR as a percentage value for MET suggests low volalility. |
| Average Directional Index/ADX (14) | 8.05 | NEGATIVE | The low ADX value for MET suggests a weak or negative 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)
77.35
-1.64 (-2.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-2.08%
1 Week-3.23%
2 Weeks-1.57%
1 Month-3.87%
3 Month-3.81%
6 Month-6.8%
12 Month12.84%
2 Year36.83%
3 Year23.19%
5 Year111.8%
10 Year-87.44%
15 Year-81.38%
Volatility
ATR(14)1.35
ATR(20)%1.78%
ATR Inc20.63%
Range Today1.49
ADR(20)1.29
ADR(20)%1.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS57.39
Mansfield-0.62
10 Day High80.15
10 Day Low77.06
20 Day High81.1
20 Day Low75.94
52 Week High89.05
52 Week Low65.21
CS1 End70.51
CR1 Start77.76
Volume & EV
DER(3)-0.24%
DER(5)-0.04%
Volume3.45M
Volume Incr-8.53%
Vol(5)2.43M
Vol(50)3.42M