METLIFE INC (MET) Technical Analysis
NYSE:MET • US59156R1086
Current stock price
MET Technical Rating and Analysis
Overall MET gets a technical rating of 7 out of 10. In the last year, MET was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- In the last month MET has a been trading in the 67.33 - 78.61 range, which is quite wide. It is currently trading near the high of this range.
- MET has an average volume of 3873930 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, MET outperforms 41% of them, which is more or less in line with the market.
- MET is an average performer in the Insurance industry, it outperforms 60% of 147 stocks in the same industry.
- 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 Weekly and Daily overview Charts
MET Setup Rating and Analysis
Although MET has an excellent technical rating, the quality of the presented setup is not ideal 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
MET Support and Resistance Analysis
67.02
When analyzing the support we can see 2 important areas.
- A support zone ranging from 73.32 to 74.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 67.70 to 68.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 77.92 to 78.56. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 79.83 to 82.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @88.25 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 | 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 | 41.82 | 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) | UP | POSITIVE | The current price of MET is above the rising 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) | 63.31 | NEUTRAL | The RSI value for MET is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.57 | POSITIVE | The MACD value suggests MET has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 86.86 | OVERBOUGHT | The high Stochastics value suggests MET may be overbought. |
| Average True Range in percent/ATR (20) | 2.2 | MEDIUM VOLATILITY | The ATR as a percentage value for MET suggests some volalility. |
| Average Directional Index/ADX (14) | 27.72 | POSITIVE | The high ADX value value for MET suggests a strong trend. |
MET Chart- and CandleStick Pattern Analysis
MET Technicals: Chart, Performance Metrics, Trend & Indicators
76.97
-0.51 (-0.66%)
METLIFE INC / MET TA FAQ
What is the technical rating for MET stock?
ChartMill assigns a technical rating of 7 / 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 63.3104. 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 0.571826, indicating a bearish trend.