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MET stock price persists in a bullish trend and follows a higher highs pattern.
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The daily chart illustrates a positive crossover of the 50-day and 200-day EMA indicating strength over the charts.
Metlife, Inc. stock persists in a bullish trend and delivers a positive outlook. The stock forms a higher high pattern over the daily chart. Currently, the price has slipped near the 50-day EMA which may act as a support for the price.
The daily chart shows that the recent selloff has taken the MET stock price near the 50-day EMA from where it might receive some buying volume. The stock has been maintaining an optimistic price trend in the current quarter and might try to maintain the same.
However, the breakdown of the price below the EMA may add some selling pressure in the short term and the price may decline to the lower support levels. Metlife stock price currently trades at $62.90 and has a market cap of 47.2 Billion.
The volume analysis shows that
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