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Stock Trend Analysis Report
Prepared for you on Thursday, April 18, 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.
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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 DOWN since Apr 3rd, 2024 at 84.950
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 79.25 | 79.29 | 78.43 | 79.29 | +0.21 |
| Prev. Close | Volume | Bid | Ask | Time |
| 79.08 | 5083478 | 2024-04-18 15:59:42 |
| 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 | 6,141,986 |
| 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 | 25.1847 | Beta | 1 |
| Volatility | 22.25 |