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- 1/9/2026 -
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Medtronic Inc. (MDT) Technical Analysis

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Summary:
Weekly :Overbought sector
Daily :Stochastic signal line moved above oversold areaDaily  MACD line has moved above its signal lineThe price has risen above the Parabolic SARPrice is near the Fibonacci 61.8% retracement levelPrice is close to the 50 Day Moving Average
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It was a first positive week after 5 consecutive negative weeks for the Medtronic Inc. (MDT). During the week, the MDT gained 1.48 points, or 1.54%, and closed at 97.53 on Friday, January 9, 2026. It was the best weekly gain since November 28, 2025. Weekly volume was -13% below average.

MDT is a member of Health Care Sector. Health Care is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.

Long-term trend: [See MDT long-term trend chart]
A long-term uptrend had started on October 30, 2023 at 68.84 and reached 106.33 on November 26, 2025. MDT gained -37.49 points, or -54.46%, in 108 weeks. The chart has formed a Rising Channel chart pattern. The trend support level is at 86.92 and resistance is at 103.04. A Rising Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel pattern in a long-term trend.

Medium-term trend: [See MDT medium-term trend chart]
A medium-term uptrend had started on April 9, 2025 at 79.55 and reached 106.33 on November 26, 2025. MDT gained -26.78 points, or -33.66%, in 33 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 92.06 and resistance is at 110.10. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a medium-term trend.

Weekly Technical Indicators: [See MDT weekly technical indicators chart]
Weekly technical indicators are neutral.

The weekly MACD line is below its signal line since December 26, 2025. The distance between MACD and the signal line is low, but getting bigger. Use the following link to access a MACD help.

Short-term trend: [See MDT short-term trend chart]
A short-term uptrend had started on January 5, 2026 at 95.17 and reached 101.32 on January 7, 2026. MDT gained -6.15 points, or -6.46%, in 2 days. Price is near the Fibonacci 61.8% retracement level. The Fibonacci retracement level is considered a support/resistance level.

Daily Technical Indicators: [See MDT daily technical indicators chart]
Daily technical indicators are neutral. During the last week, daily Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help.

During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.

During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.

Price is close to the 50 Day Moving Average. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 45.60
Williams' Percentage Range (W%R) 39.20
Lane's Stochastic (%D-Slow) 66.46
Greed/Fear Indicator (GFI) 57.61
Moving Average Converg./Diverg. (MACD) -0.28
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 49.74
Williams' Percentage Range (W%R) 39.20
Lane's Stochastic (%D-Slow) 54.96
Greed/Fear Indicator (GFI) 55.58
Moving Average Converg./Diverg. (MACD) 2.46
Trading Signals
Description Value Chart
Quarterly Trendline Resistance 110.10
Yearly Trendline Resistance 103.04
Upper Bollinger Band 100.80
Weekly Stochastic Crossing 100.65
Daily Stochastic Crossing 99.26
20 Day Moving Average 97.94
50 Day Moving Average 97.81
Price 97.53
Parabolic System 96.41
Lower Bollinger Band 95.65
Quarterly Trendline Support 92.06
Yearly Trendline Support 86.92
Sector and Industry
Description Name Rank
Sector Health Care 9
Industry Health Care Equipment 59
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 95.17
Low Date 01/05/2026
High 101.32
High Date 01/07/2026
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 106.33
High Date 11/26/2025
Low 95.17
Low Date 01/05/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 89.04
Low Date 11/03/2025
High 106.33
High Date 11/26/2025
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 110.10
Support 92.06
Low 79.55
Low Date 04/09/2025
High 106.33
High Date 11/26/2025
Description Value
Direction Up
Chart Pattern Rising Channel
Status Valid
Resistance 103.04
Support 86.92
Low 68.84
Low Date 10/30/2023
High 106.33
High Date 11/26/2025
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.