METTLER-TOLEDO INTERNATIONAL (MTD) Stock Technical Analysis
NYSE:MTD - New York Stock Exchange, Inc. - US5926881054 - Common Stock - Currency: USD
We assign a technical rating of 5 out of 10 to MTD. Recently some decent action could be observed, but in the medium term time frame this is still negative. MTD was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, MTD is a bad performer in the overall market: 61% of all stocks are doing better.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month MTD has a been trading in the 1131.61 - 1233.69 range, which is quite wide. It is currently trading near the high of this range.
MTD is part of the Life Sciences Tools & Services industry. There are 55 other stocks in this industry, MTD did better than 50% 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.
Considerably lower volume is observed in the last couple of days.
MTD has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 1197.11, a Stop Loss order could be placed below this zone.
More info and screens
966.49
1,425.64
When analyzing the support we can see 3 important areas.
- A support zone ranging from 1182.23 to 1197.11. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 1144.56 to 1161.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @976.25 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- Resistance @1266.74 from a trend line in the daily time frame.
- Resistance @1291.72 from a trend line in the weekly time frame.
- A resistance zone ranging from 1390.01 to 1411.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for MTD is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MTD is up. |
| ChartMill Relative Strength | 39.72 | NEUTRAL | MTD is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MTD is above the rising 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) | DOWN | NEGATIVE | The current price of MTD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 59.06 | NEUTRAL | The RSI value for MTD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.66 | POSITIVE | The MACD value suggests MTD has a positive trend. |
| Stochastics (14,3) | 74.08 | NEUTRAL | The Stochastics value for MTD is a neutral value. |
| Average True Range in percent/ATR (20) | 2.49 | MEDIUM VOLATILITY | The ATR as a percentage value for MTD suggests some volalility. |
| Average Directional Index/ADX (14) | 15.26 | 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)
1209.08
+3.43 (+0.28%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryLife Sciences Tools & Services
Performance
% Chg0.28%
1 Week1.32%
2 Weeks5.55%
1 Month3.37%
3 Month18.23%
6 Month-2.36%
12 Month-10.18%
2 Year-3.85%
3 Year-10.42%
5 Year29.31%
10 Year258.14%
15 Year935.17%
Volatility
ATR(14)30.79
ATR(20)%2.49%
ATR Inc-52%
Range Today8.59
ADR(20)28.34
ADR(20)%2.34%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS39.72
Mansfield-1.23
10 Day High1232.57
10 Day Low1131.61
20 Day High1233.69
20 Day Low1131.61
52 Week High1546.93
52 Week Low946.69
CS1 End1197.11
CR1 Start1266.74
Volume & EV
DER(3)0.46%
DER(5)0.11%
Volume41.80K
Volume Incr-34.4%
Vol(5)113.90K
Vol(50)198.87K