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Metlife

Metlife struggles for life)NYSE:MET Interesting situation is formed by MET. At the last session seller tested a strong mirror level, however, it was not possible to take it from the first time. And that's why: 1. Strong mirror level. 2. Long buyer protects level 50.96. 2. A long-time retest. 3. Short player hited the level with a long paranormal bar and immediately bounced. This indicates that the seller does not have enough energy to push the instrument under the level. What to expect: another level retest with a bounce. Here you can play long from the level well once, if your strategy allows it. There is a significant advantage: a strong level will allow you to trade with a small risk of 2 cents. No matter whether you take my ideas into account or not, you should trade only at your own risk-on-trade and from your own MM-strategy. And don't forget to use SL-orders
NYSE:MET
by AllexMl
Bears are out For MetLifeOn April 28, 2017, the MetLife 20 day moving average (DMA) crossed below its 150 day moving average (DMA). Historically this has occurred 24 times and the stock drops a minimum of 1.184%. The median drop is 3.894% and maximum drop is 10.709 % over the next 12 trading days. When we take a look at other technical indicators, the relative strength index (RSI) is at 48.2268. RSI tends to determine trends, overbought and oversold levels as well as likelihood of price swings. I personally use anything above 75 as overbought and anything under 25 as oversold. The current reading declares the stock has been neutral but also trending down since the election last November. The true strength index (TSI) is currently -9.0016. The TSI determines overbought/oversold levels and/or current trend. I solely use this as an indicator of trend as overbought and oversold levels vary. The TSI is double smoothed in its calculation and is a great indicator of upward and downward movement. The current reading declares the stock has been moving down for most of 2017. The positive vortex indicator (VI) is at 0.8072 and the negative is at 0.9669. When the positive level is higher than 1 and higher than the negative indicator, the overall price action is moving upward. When the negative level is higher than 1 and higher than the positive indicator, the overall price action is moving downward. The current reading declares the stock has been moving down but with both indicators below 1, anything can happen. The stochastic oscillator K value is 53.4444 and D value is 54.8659. This is a cyclical oscillator that is highly accurate and can be used to identify overbought/oversold levels as well as pending reversals and short-term activity. I personally use anything above 80 as overbought and below 20 as oversold. When the K value is higher than the D value, the stock is trending up. When the D value is higher that the K value the stock is trending down. The current reading declares the stock did not make it to overbought territory before recently reversing downward. The highs reached for the stochastic have been trending lower since the election, so a reversal at the current level is very possible. Considering the moving average crossover, RSI, TSI, VI and stochastic levels, the overall direction appears to be pointing down. Based on historical movement compared to current levels and the current position, the stock could drop another 2.23% if not more over the next 12 trading days.
NYSE:METShort
by StockSignaler