US stock / ETF

Medtronic plc

MDT · NYSE · USD

1 monthBearish55%
Monthly Downside probability 55%Bearish

MDT 1M chart

EMA21EMA50Bollinger
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Market View

Market Shift

Monthly: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $87.62 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 46.7, MACD -1.720

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $9.09 (10.93%)

Monthly

EMA Structure

Bearish
EMA 8$84.89Bearish
EMA 21$87.62Bearish
EMA 50$91.09Bearish

Signals

CategoryReadStrength
Momentum
RSI 46.7 · MACD -1.720

Neutral zone

Strength
Bearish
Volatility
ATR $9.09 · BB 35.48%

High volatility

Strength
Bearish
Volume
MFI 55.7 · OBV 14.18%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$68.84 - $106.33

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+38.73% · 3.5 ATR above latest close

$115.42
Nearest resistance

+27.8% · 2.5 ATR above · 34-bar high

$106.33
Current price

Price shown is delayed

$83.2
Nearest support

-17.26% · 1.6 ATR below · 34-bar low

$68.84
Deeper support zone

-28.19% · 2.6 ATR below latest close

$59.75
ATR zone

Latest close ± ATR14

$74.11 - $92.29

Indicators

Trend

Dow Theory Structure

Confirmation $106.33, invalidation $89.04

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

Trend strength is moderate

19.4 / 19.9 / 17.8Bullish
Supertrend (10,3)

Price is above Supertrend

$51.46Bullish
Ichimoku Cloud

Cloud Span A / Span B

$89.82 / $91.58Bearish
Donchian Channel (20)

20-period breakout channel position

30%Range

Volatility

ATR (14)

High volatility

$9.09 (10.93%)Bearish
Bollinger Bands (20,2)

Width 35.48%

31%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$108.11 / $67Bearish
ATR channel lower / upper

Current Volatility Envelope

$74.11 / $92.29Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$106.33Range
Support

Nearest Downside Decision Level

$68.84Range

Momentum

RSI (14)

Neutral zone

46.7Range
MACD (12,26,9)

Histogram is negative

-1.720Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

30.0 / 15.1Bullish
Williams %R (14)

Neutral zone

-70.0Range
CCI (20)

Balanced zone

-75.0Range
TD Sequential

Setup is not extreme

buy 5Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

55.7Bullish
OBV slope

20-period OBV slope

14.18%Bullish
Volume ratio

Relative to 20-period average volume

0.53xBearish

Trend

Dow Theory Structure

Confirmation $106.33, invalidation $89.04

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

Trend strength is moderate

19.4 / 19.9 / 17.8Bullish
Supertrend (10,3)

Price is above Supertrend

$51.46Bullish
Ichimoku Cloud

Cloud Span A / Span B

$89.82 / $91.58Bearish
Donchian Channel (20)

20-period breakout channel position

30%Range

Momentum

RSI (14)

Neutral zone

46.7Range
MACD (12,26,9)

Histogram is negative

-1.720Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

30.0 / 15.1Bullish
Williams %R (14)

Neutral zone

-70.0Range
CCI (20)

Balanced zone

-75.0Range
TD Sequential

Setup is not extreme

buy 5Bullish

Volatility

ATR (14)

High volatility

$9.09 (10.93%)Bearish
Bollinger Bands (20,2)

Width 35.48%

31%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$108.11 / $67Bearish
ATR channel lower / upper

Current Volatility Envelope

$74.11 / $92.29Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

55.7Bullish
OBV slope

20-period OBV slope

14.18%Bullish
Volume ratio

Relative to 20-period average volume

0.53xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$106.33Range
Support

Nearest Downside Decision Level

$68.84Range

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