METLIFE INC.
METLIFE INC.
- USD (-)
- 15 min delayed data - NYSE Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: MET
ISIN:

METLIFE INC. - Daily - Technical analysis published on 01/09/2020 (GMT)

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  • Timeframe : Daily
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Summary of the analysis

Trends
Court terme: Strongly bullish
De fond: Strongly bullish
Technical indicators
83%
6%
11%
My opinion
Bullish above 51.62 USD
My targets
57.50 USD (+9.17%)
62.96 USD (+19.54%)
My analysis
METLIFE INC. is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 51.62 USD. The next resistance located at 57.50 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 62.96 USD. After this resistance, buyers could then target 70.87 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
FORCE
0
10
8.6

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Bastien Huneau. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

METLIFE INC. rating 52.67 USD. The price registered an increase of +1.62% on the session and was traded between 52.13 USD and 52.72 USD over the period. The price is currently at +1.04% from its lowest and -0.09% from its highest.

52.13
52.72
52.67

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by METLIFE INC.:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

New HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


New HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly


New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


A technical analysis in Daily of this METLIFE INC. chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, according to the parameters integrated into the Central Analyzer system, 15 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily


Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly


Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : Daily


Aroon indicator bullish trend

Type : Bullish

Timeframe : Daily


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Central Patterns

Resistance of channel is broken

Type : Bullish

Timeframe : Daily



The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:

Central Candlesticks

White gravestone / inverted hammer

Type : Neutral

Timeframe : Daily




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 48.64 50.94 51.62 52.67 57.50 62.96 70.87
Change (%) -7.65% -3.28% -1.99% - +9.17% +19.54% +34.55%
Change -4.03 -1.73 -1.05 - +4.83 +10.29 +18.20
Level Major Intermediate Intermediate - Major Minor Intermediate



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard50.1950.8251.3251.9552.4553.0853.58
Camarilla51.5251.6251.7351.8351.9352.0452.14
Woodie50.1450.7951.2751.9252.4053.0553.53
Fibonacci50.8251.2551.5251.9552.3852.6553.08


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard49.3249.9250.5051.1051.6852.2852.86
Camarilla50.7750.8750.9851.0951.2051.3151.42
Woodie49.3249.9250.5051.1051.6852.2852.86
Fibonacci49.9250.3750.6551.1051.5551.8352.28


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard45.1646.5748.7750.1952.3953.8056.00
Camarilla49.9850.3150.6450.9751.3051.6351.96
Woodie45.5546.7749.1650.3852.7854.0056.39
Fibonacci46.5747.9548.8050.1951.5752.4253.80

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Moving averages

RSI (14): 69.78
MACD (12,26,9): 0.6500
Directional Movement: 15.10
AROON (14): 21.43
DEMA (21): 51.83
Parabolic SAR (0,02-0,02-0,2): 50.37
Elder Ray (13): 1.12
Super Trend (3,10): 50.10
Zig ZAG (10): 52.65
VORTEX (21): 1.1000
Stochastique (14,3,5): 79.09
TEMA (21): 51.87
Williams %R (14): -0.42
Chande Momentum Oscillator (20): 1.32
Repulse (5,40,3): 2.2000
ROCnROLL: 1
TRIX (15,9): 0.1700
Courbe Coppock: 3.65
MA7: 51.46
MA20: 51.00
MA50: 49.68
MA100: 47.65
MAexp7: 51.57
MAexp20: 50.96
MAexp50: 49.75
MAexp100: 48.55
Price / MA7: +2.35%
Price / MA20: +3.27%
Price / MA50: +6.02%
Price / MA100: +10.54%
Price / MAexp7: +2.13%
Price / MAexp20: +3.36%
Price / MAexp50: +5.87%
Price / MAexp100: +8.49%

This member declared not having a position on this financial instrument or a related financial instrument.

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