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- 10/16/2026 -
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Medtronic Inc. (MDT) Technical Analysis

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Summary:
Weekly :Overbought sectorWilliams' Percentage Range is strongly overboughtLane's Stochastic and MACD bearish divergence
Daily :Williams' Percentage Range and Lane's Stochastic are strongly overboughtDaily  MACD line has moved above its signal linePrice has crossed above the 50 Day Moving AverageThe price moved above the moving average in the center of the Bollinger Bands
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It was a second consecutive positive week for the Medtronic Inc. (MDT). During the week, the MDT gained 6.27 points, or 7.09%, and closed at 94.75 on Friday, October 16, 2026. It was the best weekly gain since June 5, 2026. Weekly volume was 294% above 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 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 price is now at the 64.93% retracement level.

Medium-term trend: [See MDT medium-term trend chart]
A medium-term uptrend had started on June 2, 2026 at 73.31 and reached 96.50 on October 16, 2026. MDT gained -23.19 points, or -31.63%, in 19 weeks. The price is now at the 7.55% retracement level.

Weekly Technical Indicators: [See MDT weekly technical indicators chart]
Weekly Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought Williams' Percentage Range. Weekly Lane's Stochastic and MACD have bearish divergence. Use the following links to access the Lane's Stochastic and MACD help, or use the Technical Stock Screener to see the list of stocks with weekly Lane's Stochastic and MACD bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading 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 links to access Lane's Stochastic and Williams' Percentage Range help.

The weekly MACD line is above its signal line since July 2, 2026. This is an indication that the medium-term trend is up. 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 October 1, 2026 at 85.22 and reached 96.50 on October 16, 2026. MDT gained -11.28 points, or -13.24%, in 15 days. The price is now at the 15.51% retracement level.

Daily Technical Indicators: [See MDT daily technical indicators chart]
Daily Williams' Percentage Range and Lane's Stochastic are strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought daily overbought Williams' Percentage Range and Lane's Stochastic.

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 moved above the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.

During the last week, the price has advanced above the 50 Day Moving Average. Such crossover is considered a bullish signal. 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) 64.49
Williams' Percentage Range (W%R) 5.90
Strong Overbought
Lane's Stochastic (%D-Slow) 91.87
Strong Overbought
Greed/Fear Indicator (GFI) 83.47
Overbought
Moving Average Converg./Diverg. (MACD) -0.02
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 65.82
Williams' Percentage Range (W%R) 2.90
Strong Overbought
Lane's Stochastic (%D-Slow) 55.35
Bearish
Greed/Fear Indicator (GFI) 70.81
Moving Average Converg./Diverg. (MACD) 0.22 Bearish
Trading Signals
Description Value Chart
Upper Bollinger Band 96.64
Daily Stochastic Crossing 95.71
Price 94.75
50 Day Moving Average 90.89
Weekly Stochastic Crossing 90.65
Parabolic System 90.11
20 Day Moving Average 89.54
Lower Bollinger Band 84.79
Sector and Industry
Description Name Rank
Sector Health Care 11
Industry Health Care Equipment 87
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 85.43
Low Date 10/07/2026
High 96.50
High Date 10/16/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 85.22
Low Date 10/01/2026
High 96.50
High Date 10/16/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 73.31
Low Date 06/02/2026
High 96.50
High Date 10/16/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 106.33
High Date 11/26/2025
Low 73.31
Low Date 06/02/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
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.