MEDTRONIC PLC (MDT) Stock Technical Analysis
NYSE:MDT - New York Stock Exchange, Inc. - IE00BTN1Y115 - Common Stock - Currency: USD
Taking everything into account, MDT scores 1 out of 10 in our technical rating. MDT has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
MDT 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.
MDT is one of the better performing stocks in the Health Care Equipment & Supplies industry, it outperforms 74% of 191 stocks in the same industry.
MDT has an average volume of 8028160 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, MDT turns out to be only a medium performer in the overall market: it outperformed 61% of all stocks.
MDT is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Although the technical rating is bad, MDT does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 79.48, a Stop Loss order could be placed below this zone.
More info and screens
76.07
95.45
When analyzing the support we notice one important area.
- A support zone ranging from 76.84 to 79.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 83.05 to 83.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @92.27 from a horizontal line in the daily time frame.
- A resistance zone ranging from 94.50 to 94.50. 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
CRS61.34
Mansfield0.33
10 Day High88.1
10 Day Low79.55
20 Day High90.84
20 Day Low79.55
52 Week High96.25
52 Week Low75.96
Performance
1 Week0.07%
2 Weeks-6.02%
1 Month-9.45%
3 Month-6.22%
6 Month-10.45%
12 Month3.93%
2 Year-9.18%
3 Year-20.85%
5 Year-15.39%
10 Year10.95%
15 Year89.06%
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)-0.27
RSI(14)38.2
LBB79.22
UBB90.15
82.6
-0.1 (-0.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-0.12%
1 Week0.07%
2 Weeks-6.02%
1 Month-9.45%
3 Month-6.22%
6 Month-10.45%
12 Month3.93%
2 Year-9.18%
3 Year-20.85%
5 Year-15.39%
10 Year10.95%
15 Year89.06%
Volatility
ATR(14)3.09
ATR(20)%3.22%
ATR Inc-43.07%
Range Today1.2
ADR(20)2.59
ADR(20)%3.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS61.34
Mansfield0.33
10 Day High88.1
10 Day Low79.55
20 Day High90.84
20 Day Low79.55
52 Week High96.25
52 Week Low75.96
CS1 End79.48
CR1 Start83.05
Volume & EV
DER(3)1.81%
DER(5)2.23%
Volume5.94M
Volume Incr-29.13%
Vol(5)6.50M
Vol(50)8.03M