|
|
|
|
Archive
- 4/19/2024 -
Sign In to see current Signals. |
Mettler Toledo (MTD) Technical Analysis
|
 |
| 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 -72.53 points, or -5.75%, and closed at 1188.54 on Friday, April 19, 2024. It was the worst weekly loss since January 5, 2024. Weekly volume was -16% below 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 Falling Channel chart pattern. The trend support level is at 894.06 and resistance is at 1493.34. A Falling Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Falling Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Channel pattern in a long-term trend.
 Medium-term trend: [See MTD medium-term trend chart]
A medium-term uptrend had started on October 30, 2023 at 928.50 and reached 1364.59 on March 8, 2024. MTD gained -436.09 points, or -46.97%, in 18 weeks. Price is near the Fibonacci 38.2% retracement level. The Fibonacci retracement level is considered a support/resistance level.
 Weekly Technical Indicators: [See MTD weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is above its signal line since November 24, 2023. This is an indication that the medium-term trend is up. 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 March 21, 2024 at 1345.94 and reached 1142.91 on April 18, 2024. MTD lost 203.03 points, or 15.08%, in 28 days. Price is near the Fibonacci 23.6% retracement level.
 Daily Technical Indicators: [See MTD daily technical indicators chart]
Daily Lane's Stochastic is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Lane's Stochastic. 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 Lane's Stochastic help.
The daily MACD line is below its signal line since March 22, 2024. This is an indication that the short-term trend is down. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current short-term downtrend is strong.
| |
|
|
|
|
| Daily Oscillators |
|
|
| Weekly Oscillators |
|
|
| Trading
Signals |
|
|
|
| Sector and
Industry |
| Description |
Name |
Rank |
| Sector |
Health Care |
3 |
| Industry |
Life Sciences Tools & Services |
61 |
|
| Daily Trend |
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| High |
1345.94 |
| High Date |
03/21/2024 |
| Low |
1142.91 |
| Low Date |
04/18/2024 |
|
| Weekly Trend |
|
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| Status |
|
| Resistance |
|
| Support |
|
| High |
1364.59 |
| High Date |
03/08/2024 |
| Low |
1142.91 |
| Low Date |
04/18/2024 |
|
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Status |
|
| Resistance |
|
| Support |
|
| Low |
928.50 |
| Low Date |
10/30/2023 |
| High |
1364.59 |
| High Date |
03/08/2024 |
|
| Quarterly Trend |
|
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| Status |
|
| Resistance |
|
| Support |
|
| High |
1615.97 |
| High Date |
04/18/2023 |
| Low |
928.50 |
| Low Date |
10/30/2023 |
|
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
Falling Channel |
| Status |
Valid |
| Resistance |
1493.34 |
| Support |
894.06 |
| High |
1714.75 |
| High Date |
12/30/2021 |
| Low |
928.50 |
| Low Date |
10/30/2023 |
|
|