METTLER-TOLEDO INTERNATIONAL (MTD) Stock Technical Analysis
USA - NYSE:MTD - US5926881054 - Common Stock
1273.96 USD
-2.14 (-0.17%)
1273.96 USD
0 (0%)
We assign a technical rating of 4 out of 10 to MTD. MTD was a bad performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term this still looks good.
65% of all other stocks performed better in the past year than MTD.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
In the last month MTD has a been trading in the 1242.82 - 1340.85 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
MTD is part of the Life Sciences Tools & Services industry. There are 55 other stocks in this industry, MTD did better than 64% of them.
MTD is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MTD is lagging the market.
MTD has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 1309.25. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1267.29, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
966.49
1,378.15
We found 3 important support areas.
- A support zone ranging from 1252.86 to 1267.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 1206.02 to 1222.95. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @976.25 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 1309.25 to 1324.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1364.50 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for MTD is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MTD is neutral. |
| ChartMill Relative Strength | 35.39 | NEUTRAL | MTD is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MTD is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MTD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MTD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.64 | NEUTRAL | The RSI value for MTD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -4.7 | NEGATIVE | The MACD value suggests MTD has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 35.99 | NEUTRAL | The Stochastics value for MTD is a neutral value. |
| Average True Range in percent/ATR (20) | 2.52 | MEDIUM VOLATILITY | The ATR as a percentage value for MTD suggests some volalility. |
| Average Directional Index/ADX (14) | 10.13 | NEGATIVE | The low ADX value for MTD suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
1273.96
-2.14 (-0.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryLife Sciences Tools & Services
Performance
% Chg-0.17%
1 Week1.68%
2 Weeks0.42%
1 Month-3.68%
3 Month10.4%
6 Month6.23%
12 Month-9.4%
2 Year14.97%
3 Year17.51%
5 Year31.91%
10 Year347.41%
15 Year923.75%
Volatility
ATR(14)31.1
ATR(20)%2.52%
ATR Inc30.23%
Range Today34.59
ADR(20)30.28
ADR(20)%2.38%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS35.39
Mansfield-0.72
10 Day High1316.96
10 Day Low1242.82
20 Day High1340.85
20 Day Low1242.82
52 Week High1521.01
52 Week Low946.69
CS1 End1267.29
CR1 Start1309.25
Volume & EV
DER(3)-0.71%
DER(5)-0.81%
Volume177.10K
Volume Incr9.65%
Vol(5)133.68K
Vol(50)148.71K