When the Price of (MTD) Talks, People Listen

August 25, 2024, 18:00 pm ET, BY David D.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for MTD

• Buy MTD slightly over 1334.15 target 1447.9 stop loss @ 1330.3 Details

The technical summary data tells us to buy MTD near 1334.15 with an upside target of 1447.9. This data also tells us to set a stop loss @ 1330.3 to protect against excessive loss in case the stock begins to move against the trade. 1334.15 is the first level of support below 1435.94 , and by rule, any test of support is a buy signal. In this case, support 1334.15 would be being tested, so a buy signal would exist.

• Short MTD slightly under 1447.9, target 1334.15, stop loss @ 1452.08 Details

The technical summary data is suggesting a short of MTD as it gets near 1447.9 with a downside target of 1334.15. We should have a stop loss in place at 1452.08though. 1447.9 is the first level of resistance above 1435.94, and by rule, any test of resistance is a short signal. In this case, if resistance 1447.9 is being tested, so a short signal would exist.

Swing Trading Plans for MTD

• Buy MTD slightly over 1447.9, target 1454.04, Stop Loss @ 1443.72 Details

If 1447.9 begins to break higher, the technical summary data tells us to buy MTD just slightly over 1447.9, with an upside target of 1454.04. The data also tells us to set a stop loss @ 1443.72 in case the stock turns against the trade. 1447.9 is the first level of resistance above 1435.94, and by rule, any break above resistance is a buy signal. In this case, 1447.9, 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 1447.9, target 1429.38, Stop Loss @ 1452.08. Details

The technical summary data is suggesting a short of MTD if it tests 1447.9 with a downside target of 1429.38. We should have a stop loss in place at 1452.08 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, 1447.9, 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 1441.58, target 1447.9, Stop Loss @ 1438.22 Details

If 1441.58 begins to break higher, the technical summary data tells us to buy MTD just slightly over 1441.58, with an upside target of 1447.9. The data also tells us to set a stop loss @ 1438.22 in case the stock turns against the trade. 1441.58 is the first level of resistance above 1435.94, and by rule, any break above resistance is a buy signal. In this case, 1441.58, 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 1441.58, target 1429.38, Stop Loss @ 1444.94. Details

The technical summary data is suggesting a short of MTD if it tests 1441.58 with a downside target of 1429.38. We should have a stop loss in place at 1444.94 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, 1441.58, 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 August 25:

Term →	Near	Mid	Long
Rating	Neutral	Neutral	Strong
P1	0	0	1334.15
P2	1427.67	1429.38	1447.9
P3	1441.58	1454.04	1563.89

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.