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Archive - 8/21/2026 - 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 fifth consecutive positive week for the Medtronic Inc. (MDT). During the week, the MDT gained 2.08 points, or 2.28%, and closed at 93.35 on Friday, August 21, 2026. Weekly volume was -17% 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 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 61.31 and resistance is at 103.03. 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 long-term trend.
Medium-term trend: [See MDT medium-term trend chart] A medium-term uptrend had started on June 2, 2026 at 73.31 and reached 94.72 on August 19, 2026. MDT gained -21.41 points, or -29.20%, in 11 weeks. The price is now at the 6.40% retracement level.
Weekly Technical Indicators: [See MDT weekly technical indicators chart] Weekly Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range and Lane's Stochastic. 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. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current medium-term uptrend is strong. 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 August 17, 2026 at 90.08 and reached 94.72 on August 19, 2026. MDT gained -4.64 points, or -5.15%, in 2 days. The price is now at the 29.53% retracement level.
Daily Technical Indicators: [See MDT daily technical indicators chart] Daily Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range and Lane's Stochastic. Daily Lane's Stochastic has bearish divergence. Use the following links to access the Lane's Stochastic help, or use the Technical Stock Screener to see the list of stocks with daily Lane's Stochastic bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. The daily MACD line is above its signal line since July 24, 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 |
11 |
| Industry |
Health Care Equipment |
89 |
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| Daily Trend |
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Low |
90.08 |
| Low Date |
08/17/2026 |
| High |
94.72 |
| High Date |
08/19/2026 |
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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 |
94.72 |
| High Date |
08/19/2026 |
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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 |
94.72 |
| High Date |
08/19/2026 |
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| Quarterly Trend |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
Broadening Descending Wedge |
| Status |
Valid |
| Resistance |
103.03 |
| Support |
61.31 |
| 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 |
Uptrend |
| Status |
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| Resistance |
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| Support |
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| Low |
68.84 |
| Low Date |
10/30/2023 |
| High |
106.33 |
| High Date |
11/26/2025 |
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