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Archive - 7/24/2026 - 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 first positive week for the Medtronic Inc. (MDT). During the week, the MDT climbed 0.01 points, or 0.01%, and closed at 83.21 on Friday, July 24, 2026. Weekly volume was -33% 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 (93.77) 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 65.59 and resistance is at 103.39. 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. The weekly MACD line is above its signal line since July 2, 2026. 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 July 14, 2026 at 78.97 and reached 84.79 on July 16, 2026. MDT gained -5.82 points, or -7.37%, in 2 days. The price is now at the 27.15% retracement level.
Daily Technical Indicators: [See MDT daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal.
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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 |
51 |
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| Daily Trend |
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Low |
81.49 |
| Low Date |
07/21/2026 |
| High |
83.60 |
| High Date |
07/24/2026 |
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| Weekly Trend |
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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 |
78.97 |
| Low Date |
07/14/2026 |
| High |
84.79 |
| High Date |
07/16/2026 |
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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 |
103.39 |
| Support |
65.59 |
| 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 |
114.40 |
| Support |
93.77 |
| Low |
68.84 |
| Low Date |
10/30/2023 |
| High |
106.33 |
| High Date |
11/26/2025 |
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