The “Chart of the Day” is MetLife (MET), which showed up on Friday’s list of stocks that had a new “Buy” signal from the Barchart “TrendSpotter” trading system. MetLife on Friday rallied by 1.74% and posted a new 2-1/3 year high, potentially breaking out from the consolidation range seen since last April. In recent news on the stock, Scotia Capital on Feb 2 initiated research on MetLife with an Outperform. MetLife, with a market cap of $45 billion, is a leading provider of insurance and financial services to a broad spectrum of individual and institutional customers.
 
How we found the Chart of the Day:
We found the “Chart of the Day” by scanning the Barchart “Trading Signals” page. That page provides a summary of changes in the Barchart signals. We then clicked on the TrendSpotter “Buy” category to obtain a list of all the stocks for which the Barchart TrendSpotter trading system has just turned to a buy. We then clicked on the “Today’s Opinion” column header in order to sort the list with the strongest stocks on top. Further information is available at Barchart Signals Guide help page and at TrendSpotter help page.
Barchart’s Opinion trading systems are mostly a Buy and Barchart’s daily TrendSpotter trading system is a “Buy.” Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com web site when you read this report.
- TrendSpotter: Buy
- Short-Term Indicators: 100% Buy
- Medium-Term Indicators: 100% Buy
- Long-Term Indicators: 67% Buy
- Overall Average 96% Buy
Chart of the Day provided by www.Barchart.com.
Barchart.com provides Financial Quotes, Charts and Technical Analysis for Stock and Commodity Traders.
