MEDTRONIC PLC (MDT) Stock Technical Analysis
NYSE:MDT - New York Stock Exchange, Inc. - IE00BTN1Y115 - Common Stock - Currency: USD
Taking everything into account, MDT scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, MDT is only an average performer.
The long and short term trends are both positive. This is looking good!
MDT is one of the better performing stocks in the Health Care Equipment & Supplies industry, it outperforms 71% of 188 stocks in the same industry.
MDT is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so MDT is leading the market.
In the last month MDT has a been trading in the 85.06 - 94.93 range, which is quite wide. It is currently trading near the high of this range.
MDT has an average volume of 7177160 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, MDT did better than 77% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
Although MDT has an excellent technical rating, it does not offer a high quality setup 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
77.68
95.25
When analyzing the support we can see 3 important areas.
- A support zone ranging from 89.30 to 90.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 86.07 to 87.89. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 78.46 to 82.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 94.31 to 94.31. 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
CRS77.47
Mansfield0.63
10 Day High94.93
10 Day Low85.06
20 Day High94.93
20 Day Low85.06
52 Week High94.93
52 Week Low75.96
Performance
1 Week4.58%
2 Weeks1.61%
1 Month3.83%
3 Month12.25%
6 Month4.91%
12 Month10.77%
2 Year16.97%
3 Year-15.01%
5 Year4.57%
10 Year20.91%
15 Year109.42%
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)0.13
RSI(14)65.99
LBB86.17
UBB94.8
94.3
+2.28 (+2.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg2.48%
1 Week4.58%
2 Weeks1.61%
1 Month3.83%
3 Month12.25%
6 Month4.91%
12 Month10.77%
2 Year16.97%
3 Year-15.01%
5 Year4.57%
10 Year20.91%
15 Year109.42%
Volatility
ATR(14)2.23
ATR(20)%2.1%
ATR Inc22.27%
Range Today2.63
ADR(20)1.75
ADR(20)%1.86%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.47
Mansfield0.63
10 Day High94.93
10 Day Low85.06
20 Day High94.93
20 Day Low85.06
52 Week High94.93
52 Week Low75.96
CS1 End90.41
CR1 Start92.27
Volume & EV
DER(3)0.82%
DER(5)0.16%
Volume9.29M
Volume Incr-9.09%
Vol(5)6.62M
Vol(50)7.18M