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Stock Trend Analysis Report

Prepared for you on Thursday, June 20, 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
79.160 80.350 78.950 80.195 +0.445
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 May 29th, 2024 at 80.880

short term down The short-term trend has been DOWN since Jun 13th, 2024 at 81.880

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
79.160 80.350 78.950 80.195 +0.445
Prev. Close Volume Bid Ask Time
79.750 5489026 2024-06-20 15:59:31
Year High100.15Year High Date2018-09-26
Year Low76.41Year Low Date2018-03-23
52wk High9152wk High Date2023-07-27
52wk Low68.8452wk Low Date2023-10-30
Year End Close41.02Average Volume6,981,754
Shares Outstanding1,327,823Short Interest10,050,008
% Institutional77.6Market Cap145,745M
Assets908,360,000MLiabilities390,440,000M
P/E Ratio25.3981Beta1
Volatility22.25
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