METTLER-TOLEDO INTERNATIONAL (MTD) Stock Technical Analysis
USA - NYSE:MTD - US5926881054 - Common Stock
Taking everything into account, MTD scores 8 out of 10 in our technical rating. Although MTD is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
MTD has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. 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.
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When analyzing the support we can see 5 important areas.
- A support zone ranging from 1358.65 to 1377.00. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @1271.91 from a horizontal line in the daily time frame.
- A support zone ranging from 1239.19 to 1247.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 1197.23 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.
We found 1 important resistance area.
- A resistance zone ranging from 1434.33 to 1437.76. 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 | UP | POSITIVE | The long term trend for MTD is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MTD is up. |
| ChartMill Relative Strength | 67.59 | 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) | 62.38 | NEUTRAL | The RSI value for MTD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.51 | POSITIVE | The MACD value suggests MTD has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 68.04 | NEUTRAL | The Stochastics value for MTD is a neutral value. |
| Average True Range in percent/ATR (20) | 2.69 | MEDIUM VOLATILITY | The ATR as a percentage value for MTD suggests some volalility. |
| Average Directional Index/ADX (14) | 29.05 | POSITIVE | The high ADX value value for MTD suggests a strong trend. |
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 |
|---|---|---|---|
| 1,437.77 | 1,358.64 | 79.13 (5.50%) | 18.17% |
| An entry @1437.77. This is a Buy Stop order right above the resistance zone. | An exit @1358.64. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 79.13 points, which is 5.50%. | When investing 18.17% 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.
1416.29
+39.28 (+2.85%)
METTLER-TOLEDO INTERNATIONAL / MTD FAQ
What is the ChartMill technical rating of METTLER-TOLEDO INTERNATIONAL (MTD) stock?
ChartMill assigns a technical rating of 8 / 10 to MTD.
What is the trend direction for MTD stock?
The current trend direction for METTLER-TOLEDO INTERNATIONAL (MTD) is Bullish.
Can you provide the RSI signal for METTLER-TOLEDO INTERNATIONAL?
METTLER-TOLEDO INTERNATIONAL (MTD) has an RSI value of 62.3782. This indicates that the stock is currently neutral.
What is the MACD signal for METTLER-TOLEDO INTERNATIONAL (MTD) stock?
The MACD indicator for METTLER-TOLEDO INTERNATIONAL (MTD) has a value of 2.50913, indicating a bullish trend.
Can you provide the buy/sell signal for METTLER-TOLEDO INTERNATIONAL?
The buy/sell signal for METTLER-TOLEDO INTERNATIONAL (MTD) is buy as both the short term and long term trends are positive.