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Downtrend Broken Resist.Archive - 1/23/2026 - 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 gained 4.12 points, or 4.26%, and closed at 100.88 on Friday, January 23, 2026. It was the best weekly gain since November 28, 2025. Weekly volume was 37% above average.
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 87.20 and resistance is at 103.32. 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 downtrend had started on November 26, 2025 at 106.33 and reached 95.17 on January 5, 2026. MDT lost 11.16 points, or 10.50%, in 5 weeks. The chart has formed a Symmetric Triangle chart pattern. The downtrend resistance line (95.84) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. MDT may retest the broken resistance line. It is considered to be a support line now. 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 medium-term trend.
Weekly Technical Indicators: [See MDT weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since December 26, 2025. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term downtrend is getting weak. 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 January 5, 2026 at 95.17 and reached 102.08 on January 22, 2026. MDT gained -6.91 points, or -7.26%, in 17 days. The chart has formed a Symmetric Triangle chart pattern. The uptrend resistance line (95.99) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. 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 short-term trend.
Daily Technical Indicators: [See MDT daily technical indicators chart] Daily Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily 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 daily MACD line is above its signal line since January 13, 2026. This is an indication that the short-term trend is up. During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward 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. 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.
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