In a welcome move, MetLife saw its Relative Strength Rating rise from 70 to 75 on Monday.
This proprietary rating measures technical performance by showing how a stock's price action over the last 52 weeks measures up against that of the other stocks in our database.
Decades of market research shows that the market's biggest winners typically have an RS Rating north of 80 as they launch their largest price moves. See if MetLife can continue to rebound and hit that benchmark.
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MetLife is trying to complete a double bottom with a 74.45 entry. See if the stock can break out in heavy volume.
The company reported 20% earnings growth last quarter, while sales growth came in at 4%.
The company earns the No. 8 rank among its peers in the Insurance-Life industry group. F&G Annuities & Life, Reinsurance Grp America and Corebridge Financial are among the top 5 highly rated stocks within the group.
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