• Return to Headlines

MetLife Bearish Moving Average Crossover Alert (MET)

By David Diaz

Today, shares of MetLife (NYSE:MET) have fallen below their 10-day MA of $50.92 on a volume of 791K shares. This may provide swing traders with an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, MetLife share prices have been bracketed by a low of $35.00 and a high of $58.23 and are now at $50.46, 44% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.0% while the 200-day MA has slid 0.6%.

SmarTrend is tracking the current trend status for MetLife and will alert subscribers who have MET in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses MetLife

Ticker(s): MET