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Stock Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

Medtronic plc. Ordinary Shares (NYSE:MDT)

Long-Term Downtrend (-90) - MDT is in a strong downtrend that is likely to continue. While MDT is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid MDT?

MarketClub looks at technical strength and momentum to determine if the timing is right for MDT.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYSE_MDT
Open High Low MDT Price Change
79.250 79.730 78.950 79.585 +0.335
Entry Signal

MarketClub’s Trade Triangles for MDT

long term down The long-term trend has been DOWN since Apr 10th, 2024 at 81.965

intermediate term down The intermediate-term trend has been DOWN since Apr 8th, 2024 at 82.720

short term down The short-term trend has been DOWN since Apr 25th, 2024 at 79.400

Smart Scan Analysis for MDT

Based on our trend formula, MDT is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for MDT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
79.250 79.730 78.950 79.585 +0.335
Prev. Close Volume Bid Ask Time
79.250 2822852 2024-04-26 14:33:08
Year High100.15Year High Date2018-09-26
Year Low76.41Year Low Date2018-03-23
52wk High92.0252wk High Date2023-05-03
52wk Low68.8452wk Low Date2023-10-30
Year End Close41.02Average Volume6,289,832
Shares Outstanding1,327,823Short Interest10,050,008
% Institutional77.6Market Cap145,745M
Assets908,360,000MLiabilities390,440,000M
P/E Ratio25.2388Beta1
Volatility22.25
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