MetLife Technical Analysis (NYSE:MET)
Technical analysis is based on the study of past price and volume movements of a security with the help of technical stock charts or trading charts. Just by looking at the MetLife stock price one can't take a trading decision. A trader needs to find a chart pattern, which is a clear cut pattern formation on the MET stock chart which creates a trading signal.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for MetLife. Technical analysis essentially tries to study the supply and demand for a particular security and determine the stock trends for that security. Chartists use stock price movements for this form of MetLife stock analysis.
MetLife Moving Average
Moving averages show the MET stock price trend. The two most popular types of moving averages are the Simple Moving Average or SMA and the Exponential Moving Average or EMA. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $44.51 is above the price of $44.19.
MetLife Bollinger Bands
Bollinger Bands were developed by the famous technical trader John Bollinger and are a measure of the volatility of a stock like the MET stock. The stock price is trading between the average and the lower band in the context of MetLife bollinger bands.
MetLife Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps gauge the stock price trend, as the indicator is useful in understanding the strength, direction and momentum of the stock price. The MetLife MACD line is below the signal line.
MetLife Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. The relative strength index of MET stock is 42.93.