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Downtrend Broken Resist.Archive
- 8/14/2026 -
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Medtronic Inc. (MDT) Technical Analysis
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| Summary:
| | Weekly : | | Daily :
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| | It was a fourth consecutive positive week for the Medtronic Inc. (MDT). During the week, the MDT gained 4.11 points, or 4.72%, and closed at 91.27 on Friday, August 14, 2026. It was the best weekly gain since June 5, 2026. Weekly volume was -13% 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 downtrend had started on November 26, 2025 at 106.33 and reached 73.31 on June 2, 2026. MDT lost 33.02 points, or 31.05%, in 26 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 62.38 and resistance is at 103.12. A Broadening Descending 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 Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a long-term trend.
 Medium-term trend: [See MDT medium-term trend chart]
A medium-term uptrend had started on June 2, 2026 at 73.31 and reached 91.99 on August 14, 2026. MDT gained -18.68 points, or -25.48%, in 10 weeks. Price is near the trend high.
 Weekly Technical Indicators: [See MDT weekly technical indicators chart]
Weekly Lane's Stochastic is overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Lane's Stochastic or strongly 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 links to access Lane's Stochastic and Williams' Percentage Range help.
The weekly MACD line is above its signal line since July 2, 2026. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current medium-term uptrend is strong. 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 July 14, 2026 at 78.97 and reached 91.99 on August 14, 2026. MDT gained -13.02 points, or -16.49%, in 31 days. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 87.67 and resistance is at 95.79. 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 and Lane's Stochastic are strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought daily overbought Williams' Percentage Range and Lane's Stochastic.
The daily MACD line is above its signal line since July 24, 2026. This is an indication that the short-term trend is up.
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