METLIFE INC (MET) Stock Technical Analysis
NYSE:MET - New York Stock Exchange, Inc. - US59156R1086 - Common Stock - Currency: USD
Taking everything into account, MET scores 3 out of 10 in our technical rating. 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 is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
MET has an average volume of 3720150 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When compared to the yearly performance of all other stocks, MET outperforms 60% of them, which is more or less in line with the market.
MET is part of the Insurance industry. There are 143 other stocks in this industry, MET did better than 53% of them.
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.
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
When analyzing the support we notice one important area.
- 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 79.77 to 80.89. This zone is formed by a combination of multiple trend lines and important moving averages 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 | 60.76 | 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) | 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) | 48.79 | NEUTRAL | The RSI value for MET is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests MET has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 47.02 | NEUTRAL | The Stochastics value for MET is a neutral value. |
| Average True Range in percent/ATR (20) | 2.22 | MEDIUM VOLATILITY | The ATR as a percentage value for MET suggests some volalility. |
| Average Directional Index/ADX (14) | 13.26 | 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)
77.66
-0.24 (-0.31%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-0.31%
1 Week-3.48%
2 Weeks0.09%
1 Month2.37%
3 Month-4.14%
6 Month-10.31%
12 Month7.06%
2 Year56.73%
3 Year15.24%
5 Year115.66%
10 Year-86.49%
15 Year-82.56%
Volatility
ATR(14)1.57
ATR(20)%2.22%
ATR Inc14.82%
Range Today1.31
ADR(20)1.48
ADR(20)%1.91%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS60.76
Mansfield-0.35
10 Day High81.86
10 Day Low77.04
20 Day High81.86
20 Day Low73.24
52 Week High89.05
52 Week Low65.21
CS1 End70.14
CR1 Start79.77
Volume & EV
DER(3)-1.94%
DER(5)-0.82%
Volume2.41M
Volume Incr-19.46%
Vol(5)2.53M
Vol(50)3.72M