METTLER-TOLEDO INTERNATIONAL (MTD) Stock Technical Analysis
NYSE:MTD • US5926881054
We assign a technical rating of 0 out of 10 to MTD. MTD scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- When comparing the yearly performance of all stocks, MTD is a bad performer in the overall market: 64% of all stocks are doing better.
- MTD is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so MTD is lagging the market slightly.
- In the last month MTD has a been trading in the 1325.05 - 1425.00 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.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- MTD is part of the Life Sciences Tools & Services industry. There are 57 other stocks in this industry, MTD did better than 69% of them.
MTD has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 1360.94, a Stop Loss order could be placed below this zone.
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1,270.83
When analyzing the support we can see 2 important areas.
- A support zone ranging from 1353.23 to 1360.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1283.67 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 1366.73 to 1410.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 1478.92 to 1522.75. 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 | DOWN | NEGATIVE | The short term trend for MTD is down. |
| ChartMill Relative Strength | 36.43 | 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) | DOWN | NEGATIVE | The current price of MTD is below a declining 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) | 42.7 | NEUTRAL | The RSI value for MTD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.65 | POSITIVE | The MACD value suggests MTD has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 50.29 | NEUTRAL | The Stochastics value for MTD is a neutral value. |
| Average True Range in percent/ATR (20) | 2.73 | MEDIUM VOLATILITY | The ATR as a percentage value for MTD suggests some volalility. |
| Average Directional Index/ADX (14) | 23.54 | NEUTRAL | The ADX value for MTD suggests a possible start of a new trend. |
1366.69
-10.53 (-0.76%)
METTLER-TOLEDO INTERNATIONAL / MTD FAQ
What is the technical rating for MTD stock?
ChartMill assigns a technical rating of 0 / 10 to MTD.
What is the current trend direction of METTLER-TOLEDO INTERNATIONAL (MTD) stock?
The current trend direction for METTLER-TOLEDO INTERNATIONAL (MTD) is Bearish.
Can you provide the RSI signal for METTLER-TOLEDO INTERNATIONAL?
METTLER-TOLEDO INTERNATIONAL (MTD) has an RSI value of 42.7001. This indicates that the stock is currently neutral.
What is the MACD signal for MTD stock?
The MACD indicator for METTLER-TOLEDO INTERNATIONAL (MTD) has a value of 1.6548, indicating a bullish trend.
What is the support and resistance level for MTD stock?
METTLER-TOLEDO INTERNATIONAL (MTD) has a support level at 1360.94 and a resistance level at 1366.73. Check the full technical report for our detailed analysis of MTD support and resistance levels.