US stock / ETF

Medtronic plc

MDT · NYSE · USD

1 hourBearish64%
1h Downside probability 64%Bearish

MDT 1H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

1h: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Recover $80.9 and stabilize above resistance $82.37.

Invalidation Trigger

Break above $82.37 with RSI back above 50.

Market Context

Trend PhaseBullish
Constructive Trend

Price is below EMA21

1h
Momentum StateRange
Momentum mixed

RSI 50.4, MACD -0.089

1h
Volatility EnvironmentBullish
Low volatility

ATR is $0.5429 (0.67%)

1h

EMA Structure

Bullish
EMA 8$80.99Bearish
EMA 21$80.9Bearish
EMA 50$80.55Bullish

Signals

CategoryReadStrength
Momentum
RSI 50.4 · MACD -0.089

Neutral zone

Strength
Range
Volatility
ATR $0.5429 · BB 2.61%

Low volatility

Strength
Bullish
Volume
MFI 31.3 · OBV -15.20%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$78.59 - $82.37

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+2.55% · 3.8 ATR above latest close

$82.91
Nearest resistance

+1.88% · 2.8 ATR above · 34-bar high

$82.37
Current price

Price shown is delayed

$80.85
Nearest support

-2.8% · 4.2 ATR below · 34-bar low

$78.59
Deeper support zone

-3.47% · 5.2 ATR below latest close

$78.05
ATR zone

Latest close ± ATR14

$80.31 - $81.39

Indicators

Trend

Dow Theory Structure

Confirmation $79.9, invalidation $81.76

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is moderate

20.4 / 40.1 / 39.4Bullish
Supertrend (10,3)

Price is above Supertrend

$79.33Bullish
Ichimoku Cloud

Cloud Span A / Span B

$80.98 / $80Bearish
Donchian Channel (20)

20-period breakout channel position

38%Range

Volatility

ATR (14)

Low volatility

$0.5429 (0.67%)Bullish
Bollinger Bands (20,2)

Width 2.61%

39%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$81.83 / $80Bullish
ATR channel lower / upper

Current Volatility Envelope

$80.31 / $81.39Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$82.37Range
Support

Nearest Downside Decision Level

$78.59Range

Momentum

RSI (14)

Neutral zone

50.4Range
MACD (12,26,9)

Histogram is negative

-0.089Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

38.5 / 38.3Bullish
Williams %R (14)

Neutral zone

-61.5Range
CCI (20)

Balanced zone

-51.1Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

31.3Bearish
OBV slope

20-period OBV slope

-15.20%Bearish
Volume ratio

Relative to 20-period average volume

1.13xBullish

Trend

Dow Theory Structure

Confirmation $79.9, invalidation $81.76

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is moderate

20.4 / 40.1 / 39.4Bullish
Supertrend (10,3)

Price is above Supertrend

$79.33Bullish
Ichimoku Cloud

Cloud Span A / Span B

$80.98 / $80Bearish
Donchian Channel (20)

20-period breakout channel position

38%Range

Momentum

RSI (14)

Neutral zone

50.4Range
MACD (12,26,9)

Histogram is negative

-0.089Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

38.5 / 38.3Bullish
Williams %R (14)

Neutral zone

-61.5Range
CCI (20)

Balanced zone

-51.1Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volatility

ATR (14)

Low volatility

$0.5429 (0.67%)Bullish
Bollinger Bands (20,2)

Width 2.61%

39%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$81.83 / $80Bullish
ATR channel lower / upper

Current Volatility Envelope

$80.31 / $81.39Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

31.3Bearish
OBV slope

20-period OBV slope

-15.20%Bearish
Volume ratio

Relative to 20-period average volume

1.13xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$82.37Range
Support

Nearest Downside Decision Level

$78.59Range

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