METLIFE INC. - 1H - Technical analysis published on 08/02/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
39%
28%
33%
My opinion
Bullish above 61.49 USD
My targets
63.73 USD (+1.35%)
64.71 USD (+2.91%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on METLIFE INC. as long as the price remains well above 61.49 USD. The buyers' bullish objective is set at 63.73 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 64.71 USD. If there is any crossing, the next objective would be the resistance located at 66.19 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
6.4
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.
This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The METLIFE INC. rating is 62.88 USD. On the day, this instrument lost -0.02% with the lowest point at 62.27 USD and the highest point at 62.96 USD. The deviation from the price is +0.98% for the low point and -0.13% for the high point.62.27
62.96
62.88
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of METLIFE INC. indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : 1 hour
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 7 are bullish, 6 are neutral and 5 are bearish. The Central Indicators scanner found no further results concerning independent technical indicators.
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Near resistance of triangle
Type : Bearish
Timeframe : 1 hour
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these bearish signals that could support the hypothesis of a small drop in the very short term:
Bearish harami
Type : Bearish
Timeframe : 1 hour
Bearish harami cross
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 60.01 | 60.77 | 61.49 | 62.88 | 63.73 | 64.71 | 66.19 |
| Change (%) | -4.56% | -3.36% | -2.21% | - | +1.35% | +2.91% | +5.26% |
| Change | -2.87 | -2.11 | -1.39 | - | +0.85 | +1.83 | +3.31 |
| Level | Minor | Major | Major | - | Intermediate | Major | Minor |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 61.25 | 61.66 | 62.27 | 62.68 | 63.29 | 63.70 | 64.31 |
| Camarilla | 62.61 | 62.70 | 62.80 | 62.89 | 62.98 | 63.08 | 63.17 |
| Woodie | 61.36 | 61.71 | 62.38 | 62.73 | 63.40 | 63.75 | 64.42 |
| Fibonacci | 61.66 | 62.05 | 62.29 | 62.68 | 63.07 | 63.31 | 63.70 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 58.46 | 59.60 | 61.43 | 62.57 | 64.40 | 65.54 | 67.37 |
| Camarilla | 62.43 | 62.71 | 62.98 | 63.25 | 63.52 | 63.80 | 64.07 |
| Woodie | 58.80 | 59.77 | 61.77 | 62.74 | 64.74 | 65.71 | 67.71 |
| Fibonacci | 59.60 | 60.74 | 61.44 | 62.57 | 63.71 | 64.41 | 65.54 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 52.68 | 55.04 | 59.15 | 61.51 | 65.62 | 67.98 | 72.09 |
| Camarilla | 61.47 | 62.06 | 62.66 | 63.25 | 63.84 | 64.44 | 65.03 |
| Woodie | 53.55 | 55.48 | 60.02 | 61.95 | 66.49 | 68.42 | 72.96 |
| Fibonacci | 55.04 | 57.52 | 59.04 | 61.51 | 63.99 | 65.51 | 67.98 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 55.74 | |
| MACD (12,26,9): | 0.2200 | |
| Directional Movement: | -0.35 | |
| AROON (14): | -14.28 | |
| DEMA (21): | 62.94 | |
| Parabolic SAR (0,02-0,02-0,2): | 63.44 | |
| Elder Ray (13): | 0.13 | |
| Super Trend (3,10): | 62.16 | |
| Zig ZAG (10): | 62.80 | |
| VORTEX (21): | 1.1700 | |
| Stochastique (14,3,5): | 41.87 | |
| TEMA (21): | 62.87 | |
| Williams %R (14): | -55.42 | |
| Chande Momentum Oscillator (20): | -0.82 | |
| Repulse (5,40,3): | 0.2400 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0700 | |
| Courbe Coppock: | 0.65 |
| MA7: | 62.27 | |
| MA20: | 61.37 | |
| MA50: | 63.03 | |
| MA100: | 65.34 | |
| MAexp7: | 62.73 | |
| MAexp20: | 62.61 | |
| MAexp50: | 62.09 | |
| MAexp100: | 61.73 | |
| Price / MA7: | +0.98% | |
| Price / MA20: | +2.46% | |
| Price / MA50: | -0.24% | |
| Price / MA100: | -3.76% | |
| Price / MAexp7: | +0.24% | |
| Price / MAexp20: | +0.43% | |
| Price / MAexp50: | +1.27% | |
| Price / MAexp100: | +1.86% |
Quotes :
-
15 min delayed data
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NYSE Stocks
News
The latest news and videos published on METLIFE INC. at the time of the analysis were as follows:
- Investor Network: MetLife, Inc. to Host Earnings Call
- MetLife Foundation & Verb Launch Competition To Accelerate Financial Innovation In Egypt & Lebanon
- MetLife Foundation & Verb Launch Competition To Accelerate Financial Innovation In Egypt & Lebanon
- SAM750 Stage Deployed in Record Time at Metlife Stadium
-
Trump's Anti-Regulatory Stance Challenged By MetLife 'Too Big To Fail' Case
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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