US stock / ETF

Medtronic plc

MDT · NYSE · USD

1 monthBearish66%
Monthly Downside probability 66%Bearish

MDT 1M chart

EMA21EMA50Bollinger
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Market View

Market Shift

Monthly: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $88.33 and stabilize above resistance $106.3.

Invalidation Trigger

Break above $106.3 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Monthly
Momentum StateBearish
Momentum soft

RSI 45.2, MACD -1.670

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $9.08 (11.21%)

Monthly

EMA Structure

Bearish
EMA 8$85.98Bearish
EMA 21$88.33Bearish
EMA 50$92.59Bearish

Signals

CategoryReadStrength
Momentum
RSI 45.2 · MACD -1.670

Neutral zone

Strength
Bearish
Volatility
ATR $9.08 · BB 34.13%

High volatility

Strength
Bearish
Volume
MFI 46.6 · OBV -62.92%

Relative to 20-period average volume

Strength
Range
Price Levels
$68.84 - $106.3

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+42.47% · 3.8 ATR above latest close

$115.38
Nearest resistance

+31.27% · 2.8 ATR above · 34-bar high

$106.3
Current price

Price shown is delayed

$80.98
Nearest support

-14.99% · 1.3 ATR below · 34-bar low

$68.84
Deeper support zone

-26.2% · 2.3 ATR below latest close

$59.76
ATR zone

Latest close ± ATR14

$71.9 - $90.06

Indicators

Trend

Dow Theory Structure

Confirmation $106.3, invalidation $89.04

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is moderate

19.4 / 17.8 / 17.8Bearish
Supertrend (10,3)

Price is above Supertrend

$48.34Bullish
Ichimoku Cloud

Cloud Span A / Span B

$89.81 / $91.51Bearish
Donchian Channel (20)

20-period breakout channel position

23%Range

Volatility

ATR (14)

High volatility

$9.08 (11.21%)Bearish
Bollinger Bands (20,2)

Width 34.13%

23%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$108.11 / $68.46Bearish
ATR channel lower / upper

Current Volatility Envelope

$71.9 / $90.06Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$106.3Range
Support

Nearest Downside Decision Level

$68.84Range

Momentum

RSI (14)

Neutral zone

45.2Range
MACD (12,26,9)

Histogram is negative

-1.670Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

23.2 / 10.4Bullish
Williams %R (14)

Neutral zone

-76.8Range
CCI (20)

Weak expansion

-125.1Bearish
TD Sequential

Setup is not extreme

buy 4Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

46.6Range
OBV slope

20-period OBV slope

-62.92%Bearish
Volume ratio

Relative to 20-period average volume

1.88xBullish

Trend

Dow Theory Structure

Confirmation $106.3, invalidation $89.04

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is moderate

19.4 / 17.8 / 17.8Bearish
Supertrend (10,3)

Price is above Supertrend

$48.34Bullish
Ichimoku Cloud

Cloud Span A / Span B

$89.81 / $91.51Bearish
Donchian Channel (20)

20-period breakout channel position

23%Range

Momentum

RSI (14)

Neutral zone

45.2Range
MACD (12,26,9)

Histogram is negative

-1.670Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

23.2 / 10.4Bullish
Williams %R (14)

Neutral zone

-76.8Range
CCI (20)

Weak expansion

-125.1Bearish
TD Sequential

Setup is not extreme

buy 4Bullish

Volatility

ATR (14)

High volatility

$9.08 (11.21%)Bearish
Bollinger Bands (20,2)

Width 34.13%

23%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$108.11 / $68.46Bearish
ATR channel lower / upper

Current Volatility Envelope

$71.9 / $90.06Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

46.6Range
OBV slope

20-period OBV slope

-62.92%Bearish
Volume ratio

Relative to 20-period average volume

1.88xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$106.3Range
Support

Nearest Downside Decision Level

$68.84Range

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