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MetLife Bearish Moving Average Crossover Alert (MET)

By Amy Schwartz

Today, shares of MetLife (NYSE:MET) have fallen below their 10-day MA of $44.18 on a volume of 1.1 million 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, shares of MetLife have traded between a low of $35.00 and a high of $58.23 and are now at $43.96, which is 26% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.6% while the 50-day MA has advanced 1.0%.

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