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Archive - 7/10/2026 - Sign In to see current Signals. |
Medtronic Inc. (MDT) Technical Analysis
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| Summary:
| | Weekly :   | | Daily : Move cursor over the icon to see details.
| | It was a third consecutive positive week for the Medtronic Inc. (MDT). During the week, the MDT climbed 0.68 points, or 0.82%, and closed at 83.87 on Friday, July 10, 2026. Weekly volume was -6% 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 Broadening Ascending Wedge chart pattern. The uptrend support line (93.41) is broken. A broken support is considered to be a long-term bearish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a long-term trend.
Medium-term trend: [See MDT medium-term trend chart] A medium-term downtrend had started on November 26, 2025 at 106.33 and reached 73.31 on June 2, 2026. MDT lost 33.02 points, or 31.05%, in 26 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 67.74 and resistance is at 103.57. A Broadening Descending 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 Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a medium-term trend.
Weekly Technical Indicators: [See MDT weekly technical indicators chart] Weekly technical indicators are neutral. During the last week, weekly MACD line has moved above its signal line. Such crossover is considered a bullish signal. 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 June 17, 2026 at 77.62 and reached 85.99 on July 7, 2026. MDT gained -8.37 points, or -10.78%, in 20 days. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 78.60 and resistance is at 85.27. 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 short-term trend.
Daily Technical Indicators: [See MDT daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is above its signal line since July 1, 2026. This is an indication that the short-term trend is up.
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| Daily Oscillators |
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| Weekly Oscillators |
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| Trading
Signals |
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| Sector and
Industry |
| Description |
Name |
Rank |
| Sector |
Health Care |
10 |
| Industry |
Health Care Equipment |
50 |
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| Daily Trend |
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Low |
83.77 |
| Low Date |
07/06/2026 |
| High |
85.99 |
| High Date |
07/07/2026 |
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| Weekly Trend |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Broadening Ascending Wedge |
| Status |
Valid |
| Resistance |
85.27 |
| Support |
78.60 |
| Low |
77.62 |
| Low Date |
06/17/2026 |
| High |
85.99 |
| High Date |
07/07/2026 |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Status |
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| Resistance |
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| Support |
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| Low |
73.31 |
| Low Date |
06/02/2026 |
| High |
85.99 |
| High Date |
07/07/2026 |
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| Quarterly Trend |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
Broadening Descending Wedge |
| Status |
Valid |
| Resistance |
103.57 |
| Support |
67.74 |
| High |
106.33 |
| High Date |
11/26/2025 |
| Low |
73.31 |
| Low Date |
06/02/2026 |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Broadening Ascending Wedge |
| Status |
Broken Support |
| Resistance |
113.89 |
| Support |
93.41 |
| Low |
68.84 |
| Low Date |
10/30/2023 |
| High |
106.33 |
| High Date |
11/26/2025 |
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