• Return to Headlines

After Yesterday's Rally of 1.87% Shares Could Potentially Pullback

By Amy Schwartz

Metlife Inc (NYSE:MET) traded in a range yesterday that spanned from a low of $45.64 to a high of $46.40. Yesterday, the shares gained 1.9%, which took the trading range above the 3-day high of $45.58 on volume of 1.8 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

In the past 52 weeks, shares of Metlife Inc have traded between a low of $43.09 and a high of $55.91 and are now at $46.26, which is 7% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.3% while the 50-day MA has advanced 0.3%.

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

Keywords: rebounders metlife inc

Ticker(s): MET