The Greedy Trader Weekly Analysis
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Downtrend Broken Resistance

Downtrend Broken Resistance stock alert presents a technical analysis stock market picking technique based on combination of technical indicators, stock trend analysis, trend following indicators and pattern recognition. Downtrend broken resistance stock market alert is a trend trading warning signal. It is a confirmation that long term downtrend reversal is completed and a new uptrend is establiched.

Unlike other alerts, broken resistance is not a buy/sell signal. It is rather warning signal that trend direction has changed. For entry point it is usually better to wait for pull back and retest of resistance line. This point is considered as a second chance to participate in downtrend reversal.

Downtrend Broken Resist.

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- 10/24/2025 -
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Medtronic Inc. (MDT) Technical Analysis

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Summary:
Weekly :Overbought sectorStochastic signal line moved below overbought area
Daily :Price has crossed below the 50 Day Moving AverageThe price has declined below the moving average in the center of the Bollinger Bands
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It was the negative week for the Medtronic Inc. (MDT). During the week, the MDT dropped -2.11 points, or -2.20%, and closed at 93.67 on Friday, October 24, 2025. 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 uptrend had started on October 30, 2023 at 68.84 and reached 99.37 on October 7, 2025. MDT gained -30.53 points, or -44.35%, in 101 weeks. The chart has formed a Rising Wedge chart pattern. The trend support level is at 87.06 and resistance is at 99.63. A Rising Wage is a triangle formation with a noticeable slant to the upside. It represents the loss of an upside momentum on each successive high and has a bearish bias. The Rising wedge usually marks a reversal in an uptrend. In a downtrend a rising wedge is considered to be a continuation pattern. Use the following link to access a Rising Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Wedge 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 99.37 on October 7, 2025. MDT gained -19.82 points, or -24.92%, in 25 weeks. The price is now at the 28.76% retracement level.

Weekly Technical Indicators: [See MDT weekly technical indicators chart]
Weekly technical indicators are neutral. During the last week, weekly Lane's Stochastic signal line (%D) has moved below overbought area. Such crossover is considered a bearish 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 link to access Lane's Stochastic help.

The weekly MACD line is above its signal line since June 27, 2025. This is an indication that the medium-term trend is up. 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 October 15, 2025 at 94.06 and reached 91.87 on October 23, 2025. MDT lost 2.19 points, or 2.33%, in 8 days. The price is now at the 82.19% 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 October 10, 2025. This is an indication that the short-term trend is down.

During the last week, the price has declined below 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.

During the last week, the price has crossed below the 50 Day Moving Average. Such crossover is considered a bearish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 23.08
Williams' Percentage Range (W%R) 66.00
Lane's Stochastic (%D-Slow) 43.52
Greed/Fear Indicator (GFI) 33.55
Moving Average Converg./Diverg. (MACD) 0.47
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 59.09
Williams' Percentage Range (W%R) 33.50
Lane's Stochastic (%D-Slow) 76.33
Greed/Fear Indicator (GFI) 65.46
Moving Average Converg./Diverg. (MACD) 1.90
Trading Signals
Description Value Chart
Yearly Trendline Resistance 99.63
Upper Bollinger Band 98.00
Weekly Stochastic Crossing 97.29
Parabolic System 97.23
20 Day Moving Average 95.88
50 Day Moving Average 94.34
Daily Stochastic Crossing 94.25
Price 93.67
Lower Bollinger Band 92.71
Yearly Trendline Support 87.06
Sector and Industry
Description Name Rank
Sector Health Care 10
Industry Health Care Equipment 76
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 94.06
High Date 10/15/2025
Low 91.87
Low Date 10/23/2025
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 94.06
High Date 10/15/2025
Low 91.87
Low Date 10/23/2025
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 99.37
High Date 10/07/2025
Low 91.87
Low Date 10/23/2025
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 79.55
Low Date 04/09/2025
High 99.37
High Date 10/07/2025
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Valid
Resistance 99.63
Support 87.06
Low 68.84
Low Date 10/30/2023
High 99.37
High Date 10/07/2025
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.