When the Price of (MTD) Talks, People Listen

June 23, 2024, 08:14 am ET, BY Thomas Y.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for MTD

• Buy MTD slightly over 1324.48 target 1479.96 stop loss @ 1320.65 Details

The technical summary data tells us to buy MTD near 1324.48 with an upside target of 1479.96. This data also tells us to set a stop loss @ 1320.65 to protect against excessive loss in case the stock begins to move against the trade. 1324.48 is the first level of support below 1463.48 , and by rule, any test of support is a buy signal. In this case, support 1324.48 is being tested, a buy signal would exist.

• Short MTD slightly under 1479.96, target 1324.48, stop loss @ 1484.23 Details

The technical summary data is suggesting a short of MTD as it gets near 1479.96 with a downside target of 1324.48. We should have a stop loss in place at 1484.23though. 1479.96 is the first level of resistance above 1463.48, and by rule, any test of resistance is a short signal. In this case, if resistance 1479.96 is being tested, a short signal would exist.

Swing Trading Plans for MTD

• Buy MTD slightly over 1479.96, target 1480.73, Stop Loss @ 1475.69 Details

If 1479.96 begins to break higher, the technical summary data tells us to buy MTD just slightly over 1479.96, with an upside target of 1480.73. The data also tells us to set a stop loss @ 1475.69 in case the stock turns against the trade. 1479.96 is the first level of resistance above 1463.48, and by rule, any break above resistance is a buy signal. In this case, 1479.96, 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 1479.96, target 1453.56, Stop Loss @ 1484.23. Details

The technical summary data is suggesting a short of MTD if it tests 1479.96 with a downside target of 1453.56. We should have a stop loss in place at 1484.23 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, 1479.96, 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 1476.76, target 1479.96, Stop Loss @ 1473.31 Details

If 1476.76 begins to break higher, the technical summary data tells us to buy MTD just slightly over 1476.76, with an upside target of 1479.96. The data also tells us to set a stop loss @ 1473.31 in case the stock turns against the trade. 1476.76 is the first level of resistance above 1463.48, and by rule, any break above resistance is a buy signal. In this case, 1476.76, 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 1476.76, target 1454.48, Stop Loss @ 1480.21. Details

The technical summary data is suggesting a short of MTD if it tests 1476.76 with a downside target of 1454.48. We should have a stop loss in place at 1480.21 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, 1476.76, 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 June 23:

Term →	Near	Mid	Long
Rating	Neutral	Strong	Neutral
P1	0	0	1170.59
P2	1454.48	1453.56	1324.48
P3	1476.76	1480.73	1479.96

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.