How To Trade (MTD)

May 03, 2024, 00:10 am ET, BY John- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for MTD

• Buy MTD slightly over 1177.28 target 1312.92 stop loss @ 1173.88 Details

The technical summary data tells us to buy MTD near 1177.28 with an upside target of 1312.92. This data also tells us to set a stop loss @ 1173.88 to protect against excessive loss in case the stock begins to move against the trade. 1177.28 is the first level of support below 1249.88 , and by rule, any test of support is a buy signal. In this case, support 1177.28 is being tested, a buy signal would exist.

• Short MTD slightly under 1312.92, target 1177.28, stop loss @ 1316.71 Details

The technical summary data is suggesting a short of MTD as it gets near 1312.92 with a downside target of 1177.28. We should have a stop loss in place at 1316.71though. 1312.92 is the first level of resistance above 1249.88, and by rule, any test of resistance is a short signal. In this case, if resistance 1312.92 is being tested, a short signal would exist.

Swing Trading Plans for MTD

• Buy MTD slightly over 1274.15, target 1312.92, Stop Loss @ 1270.47 Details

If 1274.15 begins to break higher, the technical summary data tells us to buy MTD just slightly over 1274.15, with an upside target of 1312.92. The data also tells us to set a stop loss @ 1270.47 in case the stock turns against the trade. 1274.15 is the first level of resistance above 1249.88, and by rule, any break above resistance is a buy signal. In this case, 1274.15, 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 1274.15, target 1240.87, Stop Loss @ 1277.83. Details

The technical summary data is suggesting a short of MTD if it tests 1274.15 with a downside target of 1240.87. We should have a stop loss in place at 1277.83 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, 1274.15, 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 1256.95, target 1274.15, Stop Loss @ 1254.02 Details

If 1256.95 begins to break higher, the technical summary data tells us to buy MTD just slightly over 1256.95, with an upside target of 1274.15. The data also tells us to set a stop loss @ 1254.02 in case the stock turns against the trade. 1256.95 is the first level of resistance above 1249.88, and by rule, any break above resistance is a buy signal. In this case, 1256.95, 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 1256.95, target 1240.87, Stop Loss @ 1259.88. Details

The technical summary data is suggesting a short of MTD if it tests 1256.95 with a downside target of 1240.87. We should have a stop loss in place at 1259.88 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, 1256.95, 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 May 03:

Term →	Near	Mid	Long
Rating	Strong	Neutral	Neutral
P1	0	0	1039.29
P2	1234.23	1240.87	1177.28
P3	1256.95	1274.15	1312.92

AI Generated Signals for MTD

Real Time Updates for Repeat Institutional Readers:

• Factset: Request User/Pass
• Bloomberg, Reuters, Refinitiv, Zacks, or IB users: Access Here.

Instructions:

• Click the Get Real Time Updates button below.

• In the login prompt, select forgot username

• Type the email you use for Factset

• Use the user/pass you receive to login

• You will have 24/7 access to real time updates.

From then on you can just click to get the real time update whenever you want.

GET REAL TIME UPDATES

Market Crash Leading Indicator

Our Market Crash Leading Indicator isEvitar Corte.

• Evitar Corte warned of market crash risk four times since 2000.

• It identified the Internet Debacle before it happened.

• It identified the Credit Crisis before it happened.

• It identified the Corona Crash too.

• See what Evitar Corte is Saying Now.

Get Notified When our Ratings Change:Take a Trial

This report provides trading strategies for Mettler-toledo International Inc. (NYSE: MTD) while incorporating risk controls.

Warning:

This is a static report, the data below was valid at the time of the publication, but support and resistance levels for MTD change over time, so the report should be updated regularly.  Real Time updates are provided to subscribers.  Unlimited Real Time Reports.

Subscribers also receive market analysis, stock correlation tools, macroeconomic observations, timing tools, and protection from market crashes using Evitar Corte.  

Instructions:

The rules that govern the data in this report are the rules of Technical Analysis.  For example, if MTD is testing support buy signals surface, and resistance is the target.  Conversely, if resistance is being tested, that is a sign to control risk or short, and support would be the downside target accordingly.  In each case, the trigger point is designed to be both an ideal place to enter a position (avoid trading in the middle of a trading channel), and it acts as a level of risk control too.

Swing Trades, Day Trades, and Longer term Trading Plans:

This data is refined to differentiate trading plans for Day Trading, Swing Trading, and Long Term Investing plans for MTD too.  All of these are offered below the Summary Table.