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Archive - 3/21/2025 - Sign In to see current Signals. |
Mettler Toledo (MTD) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :  Move cursor over the icon to see details.
| | It was the negative week for the Mettler Toledo (MTD). During the week, the MTD dropped -31.00 points, or -2.52%, and closed at 1199.00 on Friday, March 21, 2025. Weekly volume was 6% above average.
Long-term trend: [See MTD long-term trend chart] A long-term downtrend had started on December 30, 2021 at 1714.75 and reached 928.50 on October 30, 2023. MTD lost 786.25 points, or 45.85%, in 95 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 746.46 and resistance is at 1469.17. A Broadening Descending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a long-term trend.
Medium-term trend: [See MTD medium-term trend chart] A medium-term uptrend had started on November 20, 2024 at 1156.00 and reached 1438.00 on February 7, 2025. MTD gained -282.00 points, or -24.39%, in 11 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend support line (1314.14) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. MTD may retest the broken support line. It is considered to be a resistance line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a medium-term trend.
Weekly Technical Indicators: [See MTD weekly technical indicators chart] Weekly Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Williams' Percentage Range help. The weekly MACD line is below its signal line since March 7, 2025. The distance between MACD and the signal line is low, but getting bigger. Use the following link to access a MACD help.
Short-term trend: [See MTD short-term trend chart] A short-term downtrend had started on February 7, 2025 at 1438.00 and reached 1177.00 on March 21, 2025. MTD lost 261.00 points, or 18.15%, in 42 days. The price is now at the 8.43% retracement level.
Daily Technical Indicators: [See MTD daily technical indicators chart] Daily Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range. Daily MACD has bullish divergence. Use the following links to access the MACD help, or use the Technical Stock Screener to see the list of stocks with daily MACD bullish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. The daily MACD line is below its signal line since February 10, 2025. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak.
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