METLIFE INC (MET) Stock Technical Analysis
NYSE:MET - New York Stock Exchange, Inc. - US59156R1086 - Common Stock - Currency: USD
We assign a technical rating of 4 out of 10 to MET. In the past year, MET was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month MET has a been trading in the 72.10 - 78.98 range, which is quite wide. It is currently trading near the high of this range.
MET has an average volume of 3079810 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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 40% of all stocks.
MET is part of the Insurance industry. There are 143 other stocks in this industry, MET did better than 58% of them.
MET is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MET is lagging the market.
MET has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 77.62. Right above this resistance zone may be a good entry point.
More info and screens
67.74
89.13
3 important support areas can be observed.
- Support @74.21 from a trend line in the daily time frame.
- Support @71.80 from a trend line in the weekly time frame.
- 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.
3 important resistance areas can be observed.
- A resistance zone ranging from 77.62 to 79.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 80.83 to 81.16. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The short term trend for MET is up. |
| ChartMill Relative Strength | 40.54 | NEUTRAL | MET is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MET is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MET is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MET is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.85 | NEUTRAL | The RSI value for MET is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.32 | POSITIVE | The MACD value suggests MET has a positive trend. |
| Stochastics (14,3) | 79.02 | NEUTRAL | The Stochastics value for MET is a neutral value. |
| Average True Range in percent/ATR (20) | 2.24 | MEDIUM VOLATILITY | The ATR as a percentage value for MET suggests some volalility. |
| Average Directional Index/ADX (14) | 27.53 | POSITIVE | The high ADX value value for MET 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)
77.33
-0.59 (-0.76%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-0.76%
1 Week1.39%
2 Weeks4.49%
1 Month0.23%
3 Month-4.33%
6 Month-5.35%
12 Month5.86%
2 Year22.09%
3 Year20.21%
5 Year101.07%
10 Year-85.97%
15 Year-81.33%
Volatility
ATR(14)1.96
ATR(20)%2.24%
ATR Inc-32.24%
Range Today1.16
ADR(20)1.58
ADR(20)%2.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS40.54
Mansfield-1.22
10 Day High78.33
10 Day Low72.1
20 Day High78.98
20 Day Low72.1
52 Week High89.05
52 Week Low65.21
CS1 End74.21
CR1 Start77.62
Volume & EV
DER(3)-0.39%
DER(5)-0.46%
Volume2.66M
Volume Incr-2.13%
Vol(5)3.31M
Vol(50)3.08M