METTLER-TOLEDO INTERNATIONAL (MTD) Stock Technical Analysis
USA - NYSE:MTD - US5926881054 - Common Stock
1309.12 USD
-36.15 (-2.69%)
1309.12 USD
0 (0%)
Overall MTD gets a technical rating of 5 out of 10. In the last year, MTD was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
When comparing the yearly performance of all stocks, MTD is a bad performer in the overall market: 69% 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.
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 1187.80 - 1353.44 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 56 other stocks in this industry, MTD did better than 54% of them.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
MTD has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
1,154.82
1,378.15
When analyzing the support we can see 4 important areas.
- Support @1300.10 from a trend line in the weekly time frame.
- A support zone ranging from 1263.29 to 1273.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 1191.35 to 1204.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1166.48 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @1321.46 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 1345.28 to 1364.50. This zone is formed by a combination of multiple trend lines 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 | 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 | 31.63 | 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) | UP | POSITIVE | The current price of MTD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.62 | NEUTRAL | The RSI value for MTD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 9.68 | POSITIVE | The MACD value suggests MTD has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 87.79 | OVERBOUGHT | The high Stochastics value suggests MTD may be overbought. |
| Average True Range in percent/ATR (20) | 2.58 | MEDIUM VOLATILITY | The ATR as a percentage value for MTD suggests some volalility. |
| Average Directional Index/ADX (14) | 17.43 | 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)
1309.12
-36.15 (-2.69%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryLife Sciences Tools & Services
Performance
% Chg-2.69%
1 Week6.64%
2 Weeks4.14%
1 Month1.85%
3 Month6.96%
6 Month25.65%
12 Month-9.77%
2 Year32.88%
3 Year3.49%
5 Year31.19%
10 Year320.95%
15 Year902.7%
Volatility
ATR(14)34.59
ATR(20)%2.58%
ATR Inc32.36%
Range Today52.25
ADR(20)32.32
ADR(20)%2.47%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS31.63
Mansfield-0.44
10 Day High1353.44
10 Day Low1187.8
20 Day High1353.44
20 Day Low1187.8
52 Week High1486.76
52 Week Low946.69
CS1 End1300.1
CR1 Start1321.46
Volume & EV
DER(3)0.54%
DER(5)0.05%
Volume154.80K
Volume Incr26.15%
Vol(5)163.92K
Vol(50)146.94K