US stock / ETF

Medtronic plc

MDT · NYSE · USD

1 monthBearish88%
Monthly Downside probability 88%Bearish

MDT 1M chart

EMA21EMA50Bollinger
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Market View

Market Shift

Monthly: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $87.68 and stabilize above resistance $106.33.

Invalidation Trigger

Break above $106.33 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Monthly
Momentum StateBearish
Momentum soft

RSI 48.2, MACD -0.690

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $9.47 (11.08%)

Monthly

EMA Structure

Bearish
EMA 8$86.24Bearish
EMA 21$87.68Bearish
EMA 50$90.74Bearish

Signals

CategoryReadStrength
Momentum
RSI 48.2 · MACD -0.690

Neutral zone

Strength
Bearish
Volatility
ATR $9.47 · BB 34.07%

High volatility

Strength
Bearish
Volume
MFI 40.5 · OBV -155.99%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$73.31 - $106.33

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+35.43% · 3.2 ATR above latest close

$115.8
Nearest resistance

+24.35% · 2.2 ATR above · 34-bar high

$106.33
Current price

Price shown is delayed

$85.51
Nearest support

-14.27% · 1.3 ATR below · 34-bar low

$73.31
Deeper support zone

-25.34% · 2.3 ATR below latest close

$63.84
ATR zone

Latest close ± ATR14

$76.04 - $94.98

Indicators

Trend

Dow Theory Structure

Confirmation $106.33, invalidation $73.31

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is moderate

20.9 / 21.6 / 17.8Bullish
Supertrend (10,3)

Price is above Supertrend

$59.36Bullish
Ichimoku Cloud

Cloud Span A / Span B

$89.61 / $87.59Bearish
Donchian Channel (20)

20-period breakout channel position

37%Range

Volatility

ATR (14)

High volatility

$9.47 (11.08%)Bearish
Bollinger Bands (20,2)

Width 34.07%

38%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$105.96 / $69.3Bearish
ATR channel lower / upper

Current Volatility Envelope

$76.04 / $94.98Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$106.33Range
Support

Nearest Downside Decision Level

$73.31Range

Momentum

RSI (14)

Neutral zone

48.2Range
MACD (12,26,9)

Histogram is negative

-0.690Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

36.9 / 42.7Bearish
Williams %R (14)

Neutral zone

-63.1Range
CCI (20)

Balanced zone

-38.7Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

40.5Bearish
OBV slope

20-period OBV slope

-155.99%Bearish
Volume ratio

Relative to 20-period average volume

1.21xBullish

Trend

Dow Theory Structure

Confirmation $106.33, invalidation $73.31

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is moderate

20.9 / 21.6 / 17.8Bullish
Supertrend (10,3)

Price is above Supertrend

$59.36Bullish
Ichimoku Cloud

Cloud Span A / Span B

$89.61 / $87.59Bearish
Donchian Channel (20)

20-period breakout channel position

37%Range

Momentum

RSI (14)

Neutral zone

48.2Range
MACD (12,26,9)

Histogram is negative

-0.690Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

36.9 / 42.7Bearish
Williams %R (14)

Neutral zone

-63.1Range
CCI (20)

Balanced zone

-38.7Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volatility

ATR (14)

High volatility

$9.47 (11.08%)Bearish
Bollinger Bands (20,2)

Width 34.07%

38%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$105.96 / $69.3Bearish
ATR channel lower / upper

Current Volatility Envelope

$76.04 / $94.98Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

40.5Bearish
OBV slope

20-period OBV slope

-155.99%Bearish
Volume ratio

Relative to 20-period average volume

1.21xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$106.33Range
Support

Nearest Downside Decision Level

$73.31Range

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