MTD technical analysis
MTD Technical Analysis
Analysis date
August 6, 2026
Market
NYSE (USD)
Daily cutoff
August 5, 2026
Reliability
Passed
Informational use only. This page is not investment advice.
Data verification
MTD Data Verification
Checking the latest completed daily bar for date and closing-price consistency before indicators are calculated.
- Symbol
- MTD
- Market
- NYSE
- Currency
- USD (US Dollar)
- Latest completed bar
- August 5, 2026
Historical prices are adjusted for corporate actions when applicable. Date and closing-price consistency checks passed for the latest completed daily bar.
| Validation series | Latest Close | Date | Difference | Status |
|---|---|---|---|---|
| Calculation series | 1,421.52 | August 5, 2026 | - | Verified |
| Verification series | 1,421.52 | August 5, 2026 | 0.00% | Verified |
Bottom line
MTD Technical Analysis Summary
MTD remains in a constructive recovery after the sharp July rally, though the daily chart is pausing. On the daily chart, price at 1,421.52 closed above SMA20 (1,344.53), SMA50 (1,251.83), and SMA200 (1,320.18) but fell 1.08% on August 5 after touching an intraday high of 1,474.19, settling back inside the Bollinger Bands. The daily RSI at 67.64 has cooled out of overbought territory, and the MACD histogram is still positive at 7.06 though slightly below its recent peak. The weekly chart stays constructive: last week MTD gained 6.71%, reclaimed all three weekly averages, and the weekly MACD remains above its signal line with a strongly positive histogram, while the weekly RSI at 62.02 leaves room before overbought territory. Near-term resistance sits at the 20-day high of 1,474.19 and the 52-week high of 1,525.17. Support is at the daily SMA20 near 1,344.53, then the 20-day low at 1,216.90.
Multi-timeframe dashboard
Multi-Timeframe Technical Dashboard
Comparing daily (2-year) and weekly (5-year) perspectives to identify aligned or conflicting signals.
Daily (August 5, 2026)
- Trend
- Mixed-to-bullish. Price at 1,421.52 is above SMA20 (1,344.53), SMA50 (1,251.83), and SMA200 (1,320.18). The moving average order is not yet a clean bullish stack because SMA50 (1,251.83) still sits below SMA200 (1,320.18), reflecting the earlier corrective phase. The SMA20 rising above the SMA200 shows the short-term trend has turned up, and price holding above all three averages after the rally is a constructive step even before a full bullish alignment forms.
- Momentum
- Bullish but no longer overbought. RSI14 at 67.64 has cooled below the 70 overbought threshold after the earlier surge, indicating strong but less extended upward momentum. MACD at 48.88 is above the signal line at 41.81 with a positive histogram of 7.06, confirming bullish momentum, although the histogram edged lower from its recent peak. The pause in momentum is consistent with a pullback inside an uptrend rather than a reversal signal.
- Volatility
- Moderate-to-elevated. ATR14 at 42.58 (3.00% of price) indicates typical daily swings are still expanding after the rally. Bollinger Bands (1,238.23 to 1,450.82) show price settling back inside the band range after the August 5 intraday high of 1,474.19 tested above the upper band, reflecting a cooling of the unusually strong upward impulse.
- Volume
- Near average. Latest volume of 187,700 is 109.8% of the 20-period average (171,015), showing the pullback occurred on participation close to recent norms rather than heavy distribution.
Assessment
The daily chart shows a strong advance that is pausing. MTD rallied sharply through July and into early August, touching a local high of 1,474.19 on August 5 before closing down 1.08% at 1,421.52 and settling back inside the Bollinger Bands. Price remains above all three key moving averages, and the 20-period return of +13.81% and 60-period return of +26.42% capture the strength of the move. The RSI at 67.64 has cooled out of overbought territory, which reduces the short-term stretch, while the MACD histogram stays positive though slightly below its recent peak. Support sits at the SMA20 near 1,344.53 and then the 20-day low at 1,216.90. Resistance is at the 20-day and 60-day high of 1,474.19, followed by the 52-week high at 1,525.17.
Weekly (July 27, 2026 week)
- Trend
- Mixed-to-bullish. Price at 1,416.30 is above SMA20 (1,235.19), SMA50 (1,311.01), and SMA200 (1,298.27). The SMA20 remains below the SMA50 and SMA200 after the prolonged correction, so the averages are still in a recovery configuration, but price holding above all three weekly averages after last week gain marks a meaningful step toward repairing the medium-term trend.
- Momentum
- Improving. RSI14 at 62.02 is in bullish territory with room before the 70 overbought threshold. MACD at 7.26 remains above the signal line at -20.76 with a strongly positive histogram of 28.02, indicating weekly momentum has turned from bearish to bullish after the prior week gain of 6.71%.
- Volatility
- Elevated. ATR14 at 93.40 (6.59% of price) reflects wide weekly ranges, consistent with the large price swings of the past year.
- Volume
- About average. Latest weekly volume of 939,600 is 103.3% of the 20-week average (909,985), indicating the up week was supported by normal participation.
Assessment
The weekly chart remains constructive. Last week MTD gained 6.71%, reclaimed all three key weekly moving averages, and produced a bullish MACD crossover with a strongly positive histogram, while the RSI at 62.02 turned constructive. This marks a notable change from the prolonged consolidation phase. Resistance is at the 20-week high of 1,465.01 and then the 52-week high at 1,525.17. Support is at the weekly SMA20 at 1,235.19 and then the 52-week low at 1,023.05.
Key indicators
MTD Key Technical Indicators
RSI, MACD, moving averages, ATR, and Bollinger Bands across daily and weekly timeframes.
| Indicator | Daily | Weekly |
|---|---|---|
| RSI (14) | 67.64 | 62.02 |
| MACD (12, 26, 9) | 48.88 / 41.81 / 7.06 | 7.26 / -20.76 / 28.02 |
| ATR (14) | 42.58 (3.00%) | 93.40 (6.59%) |
| Bollinger Bands (20, 2) | 1,238.23 - 1,450.82 | 1,045.28 - 1,425.10 |
| SMA (20) | 1,344.53 | 1,235.19 |
| SMA (50) | 1,251.83 | 1,311.01 |
| SMA (200) | 1,320.18 | 1,298.27 |
Price structure
MTD Price Structure and Returns
Price performance across multiple lookback periods and 52-week position.
| Metric | Daily | Weekly |
|---|---|---|
| Current Price | 1,421.52 | 1,416.30 |
| 1-Period Return | -1.08% | +6.71% |
| 5-Period Return | +2.39% | +12.07% |
| 20-Period Return | +13.81% | +20.67% |
| 60-Period Return | +26.42% | +19.59% |
| 252-Period Return | +15.39% | +1.90% |
| 52-Week Low | 1,023.05 | 1,023.05 |
| 52-Week High | 1,525.17 | 1,525.17 |
| 52-Week Position | 79.36% | 78.32% |
Key levels
MTD Support and Resistance Levels
Key price levels based on recent swing highs and lows across daily and weekly timeframes.
| Level | Daily | Weekly |
|---|---|---|
| 20-Period High | 1,474.19 | 1,465.01 |
| 20-Period Low | 1,216.90 | 1,023.05 |
| 60-Period High | 1,474.19 | 1,525.17 |
| 60-Period Low | 1,023.05 | 1,023.05 |
Scenarios
MTD Technical Scenarios
Conditions, invalidation triggers, and what to watch for each scenario.
Bullish
Trigger
Price sustains a close above the 20-day high at 1,474.19 with continued above-average volume, then works toward the 52-week high at 1,525.17.
Invalidation
Price falls back below the daily SMA20 at 1,344.53.
What to watch
Sustained closes above 1,474.19; daily RSI holding above 60 on pullbacks; MACD histogram staying positive; weekly momentum remaining above its signal line; volume staying at or above the 20-period average.
Range-Bound
Trigger
Price consolidates between the 20-day low at 1,216.90 and the 20-day high at 1,474.19, with daily RSI oscillating between 55 and 70.
Invalidation
A decisive break of either boundary with strong volume.
What to watch
Daily RSI easing toward 60; volume settling back toward the 20-period average; Bollinger Bands narrowing; weekly price holding above the SMA20 at 1,235.19.
Bearish
Trigger
Price fails to hold above the daily SMA20 at 1,344.53 and breaks below the 20-day low at 1,216.90.
Invalidation
Price reclaims the daily SMA20 at 1,344.53 and holds above it.
What to watch
Daily closes below SMA20; daily RSI sliding below 60 toward 50; MACD histogram rolling over and turning negative; increasing downside volume; weekly price breaking back below the weekly SMA20 at 1,235.19.
Methodology
Methodology and Limitations
This technical analysis is calculated locally from adjusted OHLCV history. The daily series ends August 5, 2026, and the weekly series ends July 27, 2026 week. The latest completed daily bar is independently checked for date and closing-price consistency. Historical prices are adjusted for corporate actions when applicable. Indicators include Wilder RSI(14), MACD(12,26,9), SMA20/50/200, Wilder ATR(14), Bollinger Bands(20,2), relative volume, multi-period returns, and price-range levels. Support and resistance are descriptive zones, not guaranteed reversal points. Historical patterns do not predict future prices, and this page is not investment advice.
Frequently Asked Questions
This technical analysis is for informational and educational purposes only. It does not constitute investment advice, a recommendation, or a solicitation to buy or sell any security. Past performance and historical patterns are not guarantees of future results. All investments carry risk, including the potential loss of principal. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Market data is checked for date and closing-price consistency before indicators are calculated. Data cutoffs: daily August 5, 2026, weekly July 27, 2026 week. Generated August 6, 2026.
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