METLIFE INC (MET) Technical Analysis
NYSE:MET • US59156R1086
Current stock price
MET Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to MET. MET's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- 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.
- When comparing the yearly performance of all stocks, MET is a bad performer in the overall market: 75% of all stocks are doing better.
- MET is currently trading in the lower part 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.
- MET has an average volume of 4117500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- MET is part of the Insurance industry. There are 148 other stocks in this industry, MET did better than 47% of them.
- In the last month MET has a been trading in the 67.33 - 72.13 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
MET Weekly and Daily overview Charts
MET Setup Rating and Analysis
MET has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 67.97, a Stop Loss order could be placed below this zone.
More info and screens
MET Support and Resistance Analysis
67.02
When analyzing the support we notice one important area.
- A support zone ranging from 67.70 to 67.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
5 important resistance areas can be observed.
- Resistance @71.17 from a horizontal line in the daily time frame.
- Resistance @75.54 from a trend line in the daily time frame.
- A resistance zone ranging from 77.26 to 77.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 79.10 to 81.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @82.89 from a horizontal line in the daily time frame.
MET Technical Indicator Signal Analysis
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 is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MET is neutral. |
| ChartMill Relative Strength | 25.4 | NEGATIVE | MET has a low relative strength, it was outperformed by 74.6% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of MET is above a declining 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) | 48.49 | NEUTRAL | The RSI value for MET is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.47 | POSITIVE | The MACD value suggests MET has a positive trend. |
| Stochastics (14,3) | 79.61 | NEUTRAL | The Stochastics value for MET is a neutral value. |
| Average True Range in percent/ATR (20) | 2.77 | MEDIUM VOLATILITY | The ATR as a percentage value for MET suggests some volalility. |
| Average Directional Index/ADX (14) | 24.19 | NEUTRAL | The ADX value for MET suggests a possible start of a new trend. |
MET Chart- and CandleStick Pattern Analysis
MET Technicals: Chart, Performance Metrics, Trend & Indicators
70.72
-0.45 (-0.63%)
METLIFE INC / MET TA FAQ
What is the technical rating for MET stock?
ChartMill assigns a technical rating of 0 / 10 to MET.
Can you provide the trend direction for METLIFE INC?
The current trend direction for METLIFE INC (MET) is Bearish.
What is the RSI signal for METLIFE INC (MET) stock?
METLIFE INC (MET) has an RSI value of 48.4869. This indicates that the stock is currently neutral.
Can you provide the MACD signal for METLIFE INC?
The MACD indicator for METLIFE INC (MET) has a value of 0.473102, indicating a bearish trend.