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Bullish Moving Average Cross by Metlife Inc (MET)

By Amy Schwartz

Today, shares of Metlife Inc (NYSE:MET) have advanced above their 10-day MA of $47.41 on a volume of 645K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, Metlife Inc share prices have been bracketed by a low of $37.76 and a high of $50.40 and are now at $47.62, 26% above that low price. The 200-day and 50-day moving averages have moved 0.07% higher and 0.39% higher over the past week, respectively.

SmarTrend recommended that subscribers consider buying shares of Metlife Inc on April 11th, 2019 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $45.34. Since that recommendation, shares of Metlife Inc have risen 3.8%. We continue to monitor MET for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses metlife inc

Ticker(s): MET