MetLife saw a positive improvement to its Relative Strength (RS) Rating on Tuesday, with an increase from 64 to 74.
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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.
History shows that the market's biggest winners often have an 80 or better RS Rating in the early stages of their moves. See if MetLife can continue to show renewed price strength and hit that benchmark.
MetLife is building a consolidation with an 89.05 entry. See if the stock can break out in volume at least 40% above average.
While earnings-per-share growth dropped in the prior quarter from 8% to 7%, revenue rose 16%, up from -2% in the prior report.
The company earns the No. 9 rank among its peers in the Insurance-Life industry group. Brighthouse Financial, Prudential ADR and Primerica are among the top 5 highly rated stocks within the group.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
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