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Stock Trend Analysis Report

Prepared for you on Tuesday, March 19, 2024.

Medtronic plc. Ordinary Shares (NYSE:MDT)

Weak Downtrend (-65) - MDT is showing signs of a strengthening downtrend. Monitor MDT as it may be building momentum to the downside.

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
83.8000 84.0600 83.3350 83.6628 +0.0928
Entry Signal

MarketClub’s Trade Triangles for MDT

long term up The long-term trend has been UP since Dec 14th, 2023 at 83.64

intermediate term down The intermediate-term trend has been DOWN since Feb 9th, 2024 at 84.60

short term down The short-term trend has been DOWN since Mar 14th, 2024 at 84.54

Smart Scan Analysis for MDT

Based on our trend formula, MDT is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for MDT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
83.8000 84.0600 83.3350 83.6628 +0.0928
Prev. Close Volume Bid Ask Time
83.6600 3706910 2024-03-18 15:59:59
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 Volume7,140,217
Shares Outstanding1,327,823Short Interest10,050,008
% Institutional77.6Market Cap145,745M
Assets908,360,000MLiabilities390,440,000M
P/E Ratio26.6147Beta1
Volatility22.25
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