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Metlife Inc Bullish Moving Average Crossover Alert (MET)

By Nick Russo

Metlife Inc (NYSE:MET) shares have crossed bullishly above their 10-day moving average of $44.81 on a volume of 1.5 million shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Metlife Inc share prices have moved between a 52-week high of $48.92 and a 52-week low of $37.76 and are now trading 19% above that low price at $44.97 per share. Over the last five market days, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has advanced 0.7%.

SmarTrend recommended that subscribers consider buying shares of Metlife Inc on January 4th, 2019 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $42.10. Since that recommendation, shares of Metlife Inc have risen 6.5%. 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