When the Price of (MTD) Talks, People Listen

September 05, 2024, 11:52 am ET, BY Bill T.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for MTD

• Buy MTD slightly over 1364.11 target 1468.76 stop loss @ 1360.17 Details

The technical summary data tells us to buy MTD near 1364.11 with an upside target of 1468.76. This data also tells us to set a stop loss @ 1360.17 to protect against excessive loss in case the stock begins to move against the trade. 1364.11 is the first level of support below 1365.58 , and by rule, any test of support is a buy signal. In this case, support 1364.11 would be being tested, so a buy signal would exist.

• Short MTD slightly under 1468.76, target 1364.11, stop loss @ 1473 Details

The technical summary data is suggesting a short of MTD as it gets near 1468.76 with a downside target of 1364.11. We should have a stop loss in place at 1473though. 1468.76 is the first level of resistance above 1365.58, and by rule, any test of resistance is a short signal. In this case, if resistance 1468.76 is being tested, so a short signal would exist.

Swing Trading Plans for MTD

• Buy MTD slightly over 1396.03, target 1424.44, Stop Loss @ 1392 Details

If 1396.03 begins to break higher, the technical summary data tells us to buy MTD just slightly over 1396.03, with an upside target of 1424.44. The data also tells us to set a stop loss @ 1392 in case the stock turns against the trade. 1396.03 is the first level of resistance above 1365.58, and by rule, any break above resistance is a buy signal. In this case, 1396.03, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short MTD slightly near 1396.03, target 1364.11, Stop Loss @ 1400.06. Details

The technical summary data is suggesting a short of MTD if it tests 1396.03 with a downside target of 1364.11. We should have a stop loss in place at 1400.06 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 1396.03, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for MTD

• Buy MTD slightly over 1381.91, target 1396.03, Stop Loss @ 1378.69 Details

If 1381.91 begins to break higher, the technical summary data tells us to buy MTD just slightly over 1381.91, with an upside target of 1396.03. The data also tells us to set a stop loss @ 1378.69 in case the stock turns against the trade. 1381.91 is the first level of resistance above 1365.58, and by rule, any break above resistance is a buy signal. In this case, 1381.91, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short MTD slightly near 1381.91, target 1364.11, Stop Loss @ 1385.13. Details

The technical summary data is suggesting a short of MTD if it tests 1381.91 with a downside target of 1364.11. We should have a stop loss in place at 1385.13 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 1381.91, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Check the time stamp on this data. Updated AI-Generated Signals for Mettler-toledo International Inc. (MTD) available here: MTD.

MTD Ratings for September 05:

Term →	Near	Mid	Long
Rating	Weak	Neutral	Strong
P1	0	0	1364.11
P2	1381.91	1396.03	1468.76
P3	1401.42	1424.44	1576.02

AI Generated Signals for MTD

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This is not EF Hutton, but it could be more #powerful.  A picture speaks a thousand words, they say, and the #priceaction of Mettler-toledo International Inc. (NYSE: MTD) tells an important story.  The movement tells us where investors perceive value, or the lack of it, and if we pay attention we can capture opportunity.  The data below for MTD can be used as an example, and demonstrate how to do this for other stocks too.  This data was current at the time of publication, but it is not updated in real time here. If you want real time updates, or data on a different stock, please get one here Unlimited Real Time Reports.