METTLER-TOLEDO INTL. - Daily - Technical analysis published on 10/15/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
33%
39%
28%
My opinion
Bearish under 692.30 USD
My targets
617.45 USD (-9.30%)
513.56 USD (-24.56%)
My analysis
The bearish trend is currently very strong for METTLER-TOLEDO INTL.. As long as the price remains below the resistance at 692.30 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 617.45 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 513.56 USD as an objective. Crossing it would then enable sellers to target 412.07 USD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
FORCE
0
10
5.9
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.
This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The METTLER-TOLEDO INTL. rating is 680.74 USD. The price registered a decrease of -1.07% on the session with the lowest point at 680.25 USD and the highest point at 690.62 USD. The deviation from the price is +0.07% for the low point and -1.43% for the high point.680.25
690.62
680.74
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in Daily of this METTLER-TOLEDO INTL. chart shows a sharp bearish trend. The signals given by moving averages are 89.29% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : Daily
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : Daily
In fact, of the 18 technical indicators analysed by Central Analyzer, 6 are bullish, 5 are neutral and 7 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
RSI indicator is back over 50
Type : Bullish
Timeframe : Daily
Parabolic SAR indicator bullish reversal
Type : Bullish
Timeframe : Daily
Williams %R indicator is back over -50
Type : Bullish
Timeframe : Daily
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near resistance of triangle
Type : Bearish
Timeframe : Daily
For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:
Upside gap
Type : Bullish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 412.07 | 513.56 | 617.45 | 680.74 | 692.30 | 762.43 | 827.18 |
| Change (%) | -39.47% | -24.56% | -9.30% | - | +1.70% | +12.00% | +21.51% |
| Change | -268.67 | -167.18 | -63.29 | - | +11.56 | +81.69 | +146.44 |
| Level | Minor | Major | Major | - | Major | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 663.94 | 672.53 | 680.31 | 688.90 | 696.68 | 705.27 | 713.05 |
| Camarilla | 683.60 | 685.10 | 686.60 | 688.10 | 689.60 | 691.10 | 692.60 |
| Woodie | 663.55 | 672.33 | 679.92 | 688.70 | 696.29 | 705.07 | 712.66 |
| Fibonacci | 672.53 | 678.78 | 682.64 | 688.90 | 695.15 | 699.01 | 705.27 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 598.25 | 619.97 | 654.04 | 675.76 | 709.82 | 731.54 | 765.61 |
| Camarilla | 672.76 | 677.87 | 682.99 | 688.10 | 693.21 | 698.33 | 703.44 |
| Woodie | 604.42 | 623.06 | 660.21 | 678.84 | 715.99 | 734.63 | 771.78 |
| Fibonacci | 619.97 | 641.28 | 654.45 | 675.76 | 697.07 | 710.23 | 731.54 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 578.09 | 612.26 | 658.33 | 692.50 | 738.57 | 772.74 | 818.81 |
| Camarilla | 682.33 | 689.69 | 697.05 | 704.40 | 711.76 | 719.11 | 726.47 |
| Woodie | 584.04 | 615.24 | 664.28 | 695.48 | 744.52 | 775.72 | 824.76 |
| Fibonacci | 612.26 | 642.91 | 661.85 | 692.50 | 723.15 | 742.09 | 772.74 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 47.29 | |
| MACD (12,26,9): | -5.4900 | |
| Directional Movement: | -8.60 | |
| AROON (14): | -71.43 | |
| DEMA (21): | 677.83 | |
| Parabolic SAR (0,02-0,02-0,2): | 642.81 | |
| Elder Ray (13): | 3.42 | |
| Super Trend (3,10): | 709.18 | |
| Zig ZAG (10): | 680.74 | |
| VORTEX (21): | 0.9400 | |
| Stochastique (14,3,5): | 54.62 | |
| TEMA (21): | 679.05 | |
| Williams %R (14): | -42.44 | |
| Chande Momentum Oscillator (20): | -19.65 | |
| Repulse (5,40,3): | -0.7200 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0700 | |
| Courbe Coppock: | 7.74 |
| MA7: | 677.32 | |
| MA20: | 690.15 | |
| MA50: | 683.24 | |
| MA100: | 741.22 | |
| MAexp7: | 679.28 | |
| MAexp20: | 684.74 | |
| MAexp50: | 699.16 | |
| MAexp100: | 712.43 | |
| Price / MA7: | +0.50% | |
| Price / MA20: | -1.36% | |
| Price / MA50: | -0.37% | |
| Price / MA100: | -8.16% | |
| Price / MAexp7: | +0.21% | |
| Price / MAexp20: | -0.58% | |
| Price / MAexp50: | -2.63% | |
| Price / MAexp100: | -4.45% |
News
Don"t forget to follow the news on METTLER-TOLEDO INTL.. At the time of publication of this analysis, the latest news was as follows:
- Mettler-Toledo International Inc. Announces Webcast of Presentation at Jefferies 2019 Healthcare Conference
- Mettler-Toledo International Inc. Announces Webcast of Presentation at UBS Global Healthcare Conference
- Mettler-Toledo International Inc. Announces Webcast of Presentation at Bank of America Merrill Lynch Health Care Conference
- Mettler-Toledo International Inc. to Host First Quarter 2019 Earnings Conference Call
- Mettler-Toledo International Inc. Announces Webcast of Presentation at Barclays Global Healthcare Conference
This member declared not having a position on this financial instrument or a related financial instrument.
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