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Downtrend Broken Resist.Archive
- 9/5/2025 -
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Medtronic Inc. (MDT) Technical Analysis
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| Summary:
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| | It was a second consecutive positive week for the Medtronic Inc. (MDT). During the week, the MDT climbed 0.09 points, or 0.10%, and closed at 92.90 on Friday, September 5, 2025. Weekly volume was -13% below 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 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 trend support level is at 85.80 and resistance is at 98.77. 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 94.44 on August 20, 2025. MDT gained -14.89 points, or -18.72%, in 19 weeks. The price is now at the 10.34% retracement level.
 Weekly Technical Indicators: [See MDT weekly technical indicators chart]
Weekly Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought Williams' Percentage Range. During the last week, weekly Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). 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 links to access Lane's Stochastic and Williams' Percentage Range 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 uptrend had started on August 21, 2025 at 91.03 and reached 94.35 on September 4, 2025. MDT gained -3.32 points, or -3.65%, in 14 days. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 91.54 and resistance is at 94.30. 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 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.
The daily MACD line is below its signal line since August 18, 2025. The distance between MACD and the signal line is low and getting smaller.
The distance between the Bollinger Bands (3.36%) is close to one year low (3.31%). It is 58.99% lower than one year average. It indicates the period of low volatility of the stock price, and it is considered a buy signal for the option traders. 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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