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Stock Trend Analysis Report
Prepared for you on Monday, December 4, 2023.
Medtronic plc. Ordinary Shares (NYSE:MDT)
Crossroads (+60) - MDT is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 Aug 24th, 2023 at 81.02
The intermediate-term trend has been UP since Nov 15th, 2023 at 73.78
The short-term trend has been UP since Dec 1st, 2023 at 79.77
Smart Scan Analysis for MDT
Based on our trend formula, MDT is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 79.56 | 80.23 | 79.41 | 79.74 | -0.25 |
| Prev. Close | Volume | Bid | Ask | Time |
| 79.99 | 5165414 | 2023-12-04 15:59:52 |
| 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 | 6,729,511 |
| Shares Outstanding | 1,329,654 | Short Interest | 10,050,008 |
| % Institutional | 77.6 | Market Cap | 145,745M |
| Assets | 900,870,000M | Liabilities | 386,270,000M |
| P/E Ratio | 29.5166 | Beta | 1 |
| Volatility | 22.25 |