The Greedy Trader Weekly Analysis
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- 4/17/2025 -
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Medtronic Inc. (MDT) Technical Analysis

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Summary:
Weekly :Broken trend resistance lineWilliams' Percentage Range is oversoldTrend support at 82.34
Daily :The price has risen above the Parabolic SAR
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It was the negative week for the Medtronic Inc. (MDT). During the week, the MDT gave back -0.30 points, or -0.36%, and closed at 82.60 on Thursday, April 17, 2025. MDT was trading at average weekly trading volume.

Long-term trend: [See MDT long-term trend chart]
A long-term downtrend had started on September 9, 2021 at 135.89 and reached 68.84 on October 30, 2023. MDT lost 67.05 points, or 49.34%, in 111 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (57.14) is broken. A broken support is considered to be a long-term bullish 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 resistance line in a long-term trend.

Medium-term trend: [See MDT medium-term trend chart]
A medium-term uptrend had started on October 30, 2023 at 68.84 and reached 96.25 on March 10, 2025. MDT gained -27.41 points, or -39.82%, in 71 weeks. The chart has formed a Rising Wedge chart pattern. The price is near the trend support (82.34) line. The support is usually stronger when technical indicators are oversold. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend support line in a medium-term trend.

Weekly Technical Indicators: [See MDT weekly technical indicators chart]
Weekly Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Williams' Percentage Range. 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 Williams' Percentage Range help.

The weekly MACD line is below its signal line since March 28, 2025. Use the following link to access a MACD help.

Short-term trend: [See MDT short-term trend chart]
A short-term downtrend had started on March 10, 2025 at 96.25 and reached 79.55 on April 9, 2025. MDT lost 16.70 points, or 17.35%, in 30 days. The price is now at the 18.26% retracement level.

Daily Technical Indicators: [See MDT daily technical indicators chart]
Daily technical indicators are neutral.

The daily MACD line is below its signal line since March 11, 2025. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak.

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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 38.35
Williams' Percentage Range (W%R) 73.80
Lane's Stochastic (%D-Slow) 39.29
Greed/Fear Indicator (GFI) 34.62
Moving Average Converg./Diverg. (MACD) -1.85
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 52.93
Williams' Percentage Range (W%R) 81.00
Oversold
Lane's Stochastic (%D-Slow) 35.49
Greed/Fear Indicator (GFI) 33.51
Moving Average Converg./Diverg. (MACD) 1.11
Trading Signals
Description Value Chart
Quarterly Trendline Resistance 94.93
Monthly Trendline Support 92.63
Upper Bollinger Band 91.83
50 Day Moving Average 89.29
20 Day Moving Average 85.98
Weekly Stochastic Crossing 83.92
Price 82.60
Quarterly Trendline Support 82.34
Daily Stochastic Crossing 81.98
Parabolic System 80.08
Lower Bollinger Band 79.58
Sector and Industry
Description Name Rank
Sector Health Care 7
Industry Health Care Equipment 51
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 84.73
High Date 04/15/2025
Low 82.12
Low Date 04/17/2025
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 96.25
High Date 03/10/2025
Low 79.55
Low Date 04/09/2025
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Broken Support
Resistance 99.42
Support 92.63
Low 79.29
Low Date 12/30/2024
High 96.25
High Date 03/10/2025
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Test Support
Resistance 94.93
Support 82.34
Low 68.84
Low Date 10/30/2023
High 96.25
High Date 03/10/2025
Description Value
Direction Down
Chart Pattern Falling Wedge
Status Broken Resistance
Resistance 39.99
Support 57.14
High 135.89
High Date 09/09/2021
Low 68.84
Low Date 10/30/2023
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.