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Downtrend Broken Resist.Archive
- 2/6/2026 -
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Medtronic Inc. (MDT) Technical Analysis
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| Summary:
| | Weekly :   | | Daily :
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| | It was the negative week for the Medtronic Inc. (MDT). During the week, the MDT gave back -0.06 points, or -0.06%, and closed at 102.90 on Friday, February 6, 2026. Weekly volume was 28% 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 Wedge chart pattern. The uptrend resistance line (89.62) 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 long-term trend.
 Medium-term trend: [See MDT medium-term trend chart]
A medium-term uptrend had started on January 5, 2026 at 95.17 and reached 105.50 on February 4, 2026. MDT gained -10.33 points, or -10.85%, in 4 weeks. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.
 Weekly Technical Indicators: [See MDT weekly technical indicators chart]
Weekly Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly 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 above its signal line since January 23, 2026. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term uptrend is getting stronger. 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 27, 2026 at 99.68 and reached 105.50 on February 4, 2026. MDT gained -5.82 points, or -5.84%, in 8 days. The price is now at the 44.67% retracement level.
 Daily Technical Indicators: [See MDT daily technical indicators chart]
Daily technical indicators are neutral. During the last week, daily Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish signal. Daily MACD has bearish divergence. Use the following links to access the MACD help, or use the Technical Stock Screener to see the list of stocks with daily MACD bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. Use the following link to access Lane's Stochastic 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. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend 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.
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