MEDTRONIC PLC (2M6.DE) Stock Technical Analysis
FRA:2M6 - Deutsche Boerse Ag - IE00BTN1Y115 - Common Stock - Currency: EUR
Taking everything into account, 2M6 scores 0 out of 10 in our technical rating. 2M6's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
69% of all other stocks performed better in the past year than 2M6.
2M6 is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
2M6 is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Warning: 2M6 has an average volume of 1982 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
2M6 is an average performer in the Health Care Equipment & Supplies industry, it outperforms 58% of 54 stocks in the same industry.
2M6 has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 72.04, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for 2M6 in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
71.32
89.54
We found 1 important support area.
- A support zone ranging from 72.04 to 72.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 73.66 to 74.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 81.92 to 82.24. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @88.65 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS31.12
Mansfield-0.48
10 Day High78.3
10 Day Low70.94
20 Day High83.63
20 Day Low70.58
52 Week High90.81
52 Week Low70.1
Performance
1 Week-0.5%
2 Weeks1.18%
1 Month-10.38%
3 Month-13.48%
6 Month-12.23%
12 Month-0.62%
2 Year-10.9%
3 Year-26.83%
5 Year-18.23%
10 Year9.71%
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)0.1
RSI(14)36.86
LBB71.35
UBB76.92
FRA:2M6 (4/25/2025, 7:00:00 PM)
73.65
-0.73 (-0.98%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-0.98%
1 Week-0.5%
2 Weeks1.18%
1 Month-10.38%
3 Month-13.48%
6 Month-12.23%
12 Month-0.62%
2 Year-10.9%
3 Year-26.83%
5 Year-18.23%
10 Year9.71%
15 YearN/A
Volatility
ATR(14)3
ATR(20)%3.75%
ATR Inc-57.82%
Range Today1.19
ADR(20)2.38
ADR(20)%3.23%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS31.12
Mansfield-0.48
10 Day High78.3
10 Day Low70.94
20 Day High83.63
20 Day Low70.58
52 Week High90.81
52 Week Low70.1
CS1 End72.04
CR1 Start73.66
Volume & EV
DER(3)10.82%
DER(5)8.85%
Volume662
Volume Incr-27.09%
Vol(5)1.69K
Vol(50)1.98K