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 7 out of 10 to MTD. MTD has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
When comparing the performance of all stocks over the past year, MTD turns out to be only a medium performer in the overall market: it outperformed 42% of all stocks.
MTD is part of the Life Sciences Tools & Services industry. There are 54 other stocks in this industry, MTD did better than 60% 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.
In the last month MTD has a been trading in the 1135.53 - 1287.33 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
MTD has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 1242.26. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1224.85, a Stop Loss order could be placed below this zone.
More info and screens
966.49
1,307.34
3 important support areas can be observed.
- A support zone ranging from 1195.26 to 1224.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 1145.47 to 1166.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 1242.26 to 1268.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1294.40 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 | 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 | 42.4 | 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 | MIXED | The current price of MTD is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.48 | NEUTRAL | The RSI value for MTD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.81 | NEGATIVE | The MACD value suggests MTD has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 65.03 | NEUTRAL | The Stochastics value for MTD is a neutral value. |
| Average True Range in percent/ATR (20) | 3.04 | MEDIUM VOLATILITY | The ATR as a percentage value for MTD suggests some volalility. |
| Average Directional Index/ADX (14) | 19.01 | 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 1,268.33 | 1,195.25 | 73.08 (5.76%) | 17.36% |
| An entry @1268.33. This is a Buy Stop order right above the resistance zone. | An exit @1195.25. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 73.08 points, which is 5.76%. | When investing 17.36% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
1236.96
+15.12 (+1.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryLife Sciences Tools & Services
Performance
% Chg1.24%
1 Week0.27%
2 Weeks-1.89%
1 Month0.06%
3 Month14.43%
6 Month-11.01%
12 Month-11.47%
2 Year1.93%
3 Year2.02%
5 Year27.42%
10 Year317.12%
15 Year1018.51%
Volatility
ATR(14)41.34
ATR(20)%3.04%
ATR Inc4.52%
Range Today37.06
ADR(20)35.78
ADR(20)%2.89%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS42.4
Mansfield-0.87
10 Day High1277.68
10 Day Low1135.53
20 Day High1287.33
20 Day Low1135.53
52 Week High1521.01
52 Week Low946.69
CS1 End1224.85
CR1 Start1242.26
Volume & EV
DER(3)-1.12%
DER(5)-0.4%
Volume148.70K
Volume Incr20.81%
Vol(5)190.06K
Vol(50)164.57K