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MetLife Bullish Moving Average Crossover Alert (MET)

By Amy Schwartz

MetLife (NYSE:MET) crossed over its 10-day moving average of $52.34 on a volume of 867K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher 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 $52.81, 51% 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