Mettler-Toledo International is a supplier of precision instruments and services. Co. manufactures weighing instruments for use in laboratory, industrial, packaging, logistics, and food retailing applications. Co. also manufactures several related analytical instruments and provides automated chemistry solutions used in drug and chemical compound discovery and development. In addition, Co. manufactures metal detection and other end-of-line inspection systems used in production and packaging and provides solutions for use in certain process analytics applications. Co.'s reportable segments include U.S. Operations, Swiss Operations, Western European Operations, Chinese Operations, and Other.
When researching a stock like Mettler-Toledo International, many investors are the most familiar with Fundamental Analysis — looking at a company's balance sheet, earnings, revenues, and what's happening in that company's underlying business. Investors who use Fundamental Analysis to identify good stocks to buy or sell can also benefit from MTD Technical Analysis to help find a good entry or exit point. Technical Analysis is blind to the fundamentals and looks only at the trading data for MTD stock — the real life supply and demand for the stock over time — and examines that data in different ways. One of those ways is to calculate a Simpe Moving Average ("SMA") by looking back a certain number of days. One of the most popular "longer look-backs" is the MTD 200 day moving average ("MTD 200 DMA"), while one of the most popular "shorter look-backs" is the MTD 50 day moving average ("MTD 50 DMA"). A chart showing both of these popular moving averages is shown on this page for Mettler-Toledo International. Comparing two moving averages against each other can be a useful visualization tool: by calculating the difference between the MTD 200 DMA and the MTD 50 DMA, we get a moving average convergence divergence indicator ("MTD MACD"). The MTD MACD chart, in conjunction with the chart of the moving averages, basically helps in visualizing how the moving averages are showing convergence (moving closer together), or divergence (moving farther apart). |
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