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Stock Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
Medtronic plc. Ordinary Shares (NYSE:MDT)
Bear Market Rally (-75) - MDT is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on MDT as it may be in the beginning of a reversal.
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.
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MarketClub’s Trade Triangles for MDT
The long-term trend has been DOWN since Apr 10th, 2024 at 81.965
The intermediate-term trend has been DOWN since Apr 8th, 2024 at 82.720
The short-term trend has been UP since Apr 22nd, 2024 at 79.850
Smart Scan Analysis for MDT
Based on our trend formula, MDT is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 80.96 | 81.34 | 80.62 | 81.29 | +0.72 |
| Prev. Close | Volume | Bid | Ask | Time |
| 81.29 | 4191105 | 2024-04-23 15:59:59 |
| Year High | 100.15 | Year High Date | 2018-09-26 |
| Year Low | 76.41 | Year Low Date | 2018-03-23 |
| 52wk High | 92.02 | 52wk High Date | 2023-05-03 |
| 52wk Low | 68.84 | 52wk Low Date | 2023-10-30 |
| Year End Close | 41.02 | Average Volume | 6,287,995 |
| Shares Outstanding | 1,327,823 | Short Interest | 10,050,008 |
| % Institutional | 77.6 | Market Cap | 145,745M |
| Assets | 908,360,000M | Liabilities | 390,440,000M |
| P/E Ratio | 25.6592 | Beta | 1 |
| Volatility | 22.25 |