Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Tuesday, April 16, 2024.

Medtronic plc. Ordinary Shares (NYSE:MDT)

Strong Downtrend (-100) - MDT is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, MDT continues to fall. 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
80.340 80.490 78.790 79.305 -0.925
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 Apr 8th, 2024 at 82.720

short term down 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 -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for MDT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
80.340 80.490 78.790 79.305 -0.925
Prev. Close Volume Bid Ask Time
80.230 2080300 2024-04-16 11:04:08
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 Volume5,997,457
Shares Outstanding1,327,823Short Interest10,050,008
% Institutional77.6Market Cap145,745M
Assets908,360,000MLiabilities390,440,000M
P/E Ratio25.551Beta1
Volatility22.25
Get a free daily analysis and signals for Medtronic plc. Ordinary Shares (MDT) - Request Your Free Report.