(MTD) Investment Analysis and Advice

October 01, 2024, 18:44 pm ET, BY Chris- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for MTD

• Buy MTD near 1392.2 target 1495.67 stop loss @ 1388.18 Details

The technical summary data tells us to buy MTD near 1392.2 with an upside target of 1495.67. This data also tells us to set a stop loss @ 1388.18 to protect against excessive loss in case the stock begins to move against the trade. 1392.2 is the first level of support below 1480.91 , and by rule, any test of support is a buy signal. In this case, support 1392.2 would be being tested, so a buy signal would exist.

• Short MTD slightly under 1495.67, target 1392.2, stop loss @ 1499.99 Details

The technical summary data is suggesting a short of MTD as it gets near 1495.67 with a downside target of 1392.2. We should have a stop loss in place at 1499.99though. 1495.67 is the first level of resistance above 1480.91, and by rule, any test of resistance is a short signal. In this case, if resistance 1495.67 is being tested, so a short signal would exist.

Swing Trading Plans for MTD

• Buy MTD slightly over 1495.67, target 1512.66, Stop Loss @ 1491.35 Details

If 1495.67 begins to break higher, the technical summary data tells us to buy MTD just slightly over 1495.67, with an upside target of 1512.66. The data also tells us to set a stop loss @ 1491.35 in case the stock turns against the trade. 1495.67 is the first level of resistance above 1480.91, and by rule, any break above resistance is a buy signal. In this case, 1495.67, 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 1495.67, target 1463.29, Stop Loss @ 1499.99. Details

The technical summary data is suggesting a short of MTD if it tests 1495.67 with a downside target of 1463.29. We should have a stop loss in place at 1499.99 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, 1495.67, 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 1495.67, target 1512.66, Stop Loss @ 1492.18 Details

If 1495.67 begins to break higher, the technical summary data tells us to buy MTD just slightly over 1495.67, with an upside target of 1512.66. The data also tells us to set a stop loss @ 1492.18 in case the stock turns against the trade. 1495.67 is the first level of resistance above 1480.91, and by rule, any break above resistance is a buy signal. In this case, 1495.67, 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 1495.67, target 1478.32, Stop Loss @ 1499.16. Details

The technical summary data is suggesting a short of MTD if it tests 1495.67 with a downside target of 1478.32. We should have a stop loss in place at 1499.16 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, 1495.67, 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 October 01:

Term →	Near	Mid	Long
Rating	Strong	Strong	Strong
P1	0	0	1392.2
P2	1478.32	1463.29	1495.67
P3	1520.12	1512.66	1601.29

AI Generated Signals for MTD

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Prudent Investment Analysis requires observations of the support and resistance levels for Mettler-toledo International Inc. (NYSE: MTD) too.  These define prudent trading plans.

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.