MEDTRONIC PLC (2M6.DE) Stock Technical Analysis
FRA:2M6 - Deutsche Boerse Ag - IE00BTN1Y115 - Common Stock - Currency: EUR
Taking everything into account, 2M6 scores 8 out of 10 in our technical rating. Although 2M6 is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Warning: 2M6 has an average volume of 1398 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
2M6 is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month 2M6 has a been trading in the 76.54 - 85.87 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, 2M6 outperforms 44% of them, which is more or less in line with the market.
2M6 is part of the Health Care Equipment & Supplies industry. There are 55 other stocks in this industry, 2M6 did better than 50% of them.
Considerably lower volume is observed in the last couple of days.
Although 2M6 has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
75.71
86.17
We found 2 important support areas.
- A support zone ranging from 80.22 to 81.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 76.47 to 77.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 84.93 to 85.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS44.52
Mansfield-0.1
10 Day High85.87
10 Day Low78.85
20 Day High85.87
20 Day Low76.54
52 Week High86
52 Week Low70.1
Performance
1 Week2.67%
2 Weeks5.89%
1 Month9.18%
3 Month0.94%
6 Month16.08%
12 Month6.97%
2 Year10.98%
3 Year-7.53%
5 Year-19.33%
10 Year27.83%
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.76
RSI(14)69.53
LBB75.71
UBB87.03
MEDTRONIC PLC
FRA:2M6 (1/22/2025, 7:00:00 PM)
84.7
+0.12 (+0.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg0.14%
1 Week2.67%
2 Weeks5.89%
1 Month9.18%
3 Month0.94%
6 Month16.08%
12 Month6.97%
2 Year10.98%
3 Year-7.53%
5 Year-19.33%
10 Year27.83%
15 YearN/A
Volatility
ATR(14)1.53
ATR(20)%1.59%
ATR Inc-27.2%
Range Today1.05
ADR(20)1.21
ADR(20)%1.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS44.52
Mansfield-0.1
10 Day High85.87
10 Day Low78.85
20 Day High85.87
20 Day Low76.54
52 Week High86
52 Week Low70.1
CS1 End81.01
CR1 Start84.93
Volume & EV
DER(3)15.03%
DER(5)18.29%
Volume1.73K
Volume Incr-33.82%
Vol(5)851
Vol(50)1.40K