|
|
Downtrend Broken Resist.Archive - 1/2/2026 - Sign In to see current Signals. |
Medtronic Inc. (MDT) Technical Analysis
|
 |
| Summary:
| | Weekly :  | | Daily :     Move cursor over the icon to see details.
| | It was the negative week for the Medtronic Inc. (MDT). During the week, the MDT gave back -0.47 points, or -0.49%, and closed at 96.05 on Friday, January 2, 2026. Weekly volume was -34% 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 Rising Channel chart pattern. The trend support level is at 86.77 and resistance is at 102.89. A Rising Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel pattern in a long-term trend.
Medium-term trend: [See MDT medium-term trend chart] A medium-term uptrend had started on April 9, 2025 at 79.55 and reached 106.33 on November 26, 2025. MDT gained -26.78 points, or -33.66%, in 33 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 91.71 and resistance is at 109.34. A Broadening Ascending 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 Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending 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 below its signal line. Such crossover is considered a bearish signal. 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 November 26, 2025 at 106.33 and reached 95.29 on January 2, 2026. MDT lost 11.04 points, or 10.38%, in 37 days. The price is now at the 6.88% retracement level.
Daily Technical Indicators: [See MDT daily technical indicators chart] Daily Williams' Percentage Range and Lane's Stochastic are oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range and Lane's Stochastic. During the last week, daily Lane's Stochastic main line (%K) has rallied above the oversold signal line (%D). Such crossover is considered a bullish signal. Daily Relative Strength Index, Lane's Stochastic and MACD have bullish divergence. Use the following links to access the Relative Strength Index, Lane's Stochastic and MACD help, or use the Technical Stock Screener to see the list of stocks with daily Relative Strength Index, Lane's Stochastic and MACD bullish 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, Relative Strength Index and Williams' Percentage Range help. The daily MACD line is below its signal line since December 4, 2025. This is an indication that the short-term trend is down. A Parabolic SAR (stop and reversal) indicator (96.73) comes close to the price (96.05). It indicates that the trend is getting weaker. 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.
Candlestick pattern: [See MDT candlestick chart pattern] On Friday the chart has formed a Bullish Doji Candlestick pattern. Use the Technical Stock Screener to see the list of stocks that had a Bullish Doji Candlestick pattern during the last week.
| |
|
|