US stock / ETF

Medtronic plc

MDT · NYSE · USD

1 weekBearish80%
Weekly Downside probability 80%Bearish

MDT 1W chart

EMA21EMA50Bollinger
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Market View

Market Shift

Weekly: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $84.08 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

Weekly
Momentum StateBearish
Momentum soft

RSI 46.4, MACD 0.706

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $4.67 (5.61%)

Weekly

EMA Structure

Bearish
EMA 8$81.89Bullish
EMA 21$84.08Bearish
EMA 50$87.56Bearish

Signals

CategoryReadStrength
Momentum
RSI 46.4 · MACD 0.706

Neutral zone

Strength
Bearish
Volatility
ATR $4.67 · BB 21.09%

High volatility

Strength
Bearish
Volume
MFI 43.2 · OBV -56.91%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$73.31 - $106.33

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+33.42% · 6.0 ATR above latest close

$111
Nearest resistance

+27.8% · 5.0 ATR above · 34-bar high

$106.33
Current price

Price shown is delayed

$83.2
Nearest support

-11.89% · 2.1 ATR below · 34-bar low

$73.31
Deeper support zone

-17.5% · 3.1 ATR below latest close

$68.64
ATR zone

Latest close ± ATR14

$78.53 - $87.87

Indicators

Trend

Dow Theory Structure

Confirmation $73.31, invalidation $82.83

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

Trend strength is active

50.1 / 15.9 / 26.4Bearish
Supertrend (10,3)

Price is above Supertrend

$67.5Bullish
Ichimoku Cloud

Cloud Span A / Span B

$84.53 / $89.82Bearish
Donchian Channel (20)

20-period breakout channel position

39%Bearish

Volatility

ATR (14)

High volatility

$4.67 (5.61%)Bearish
Bollinger Bands (20,2)

Width 21.09%

53%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$93.45 / $74.28Bearish
ATR channel lower / upper

Current Volatility Envelope

$78.53 / $87.87Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$106.33Range
Support

Nearest Downside Decision Level

$73.31Range

Momentum

RSI (14)

Neutral zone

46.4Range
MACD (12,26,9)

Histogram is positive

0.706Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

64.4 / 65.3Bearish
Williams %R (14)

Neutral zone

-35.6Range
CCI (20)

Balanced zone

-7.9Range
TD Sequential

Setup is not extreme

sell 7Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

43.2Bearish
OBV slope

20-period OBV slope

-56.91%Bearish
Volume ratio

Relative to 20-period average volume

0.90xBearish

Trend

Dow Theory Structure

Confirmation $73.31, invalidation $82.83

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

Trend strength is active

50.1 / 15.9 / 26.4Bearish
Supertrend (10,3)

Price is above Supertrend

$67.5Bullish
Ichimoku Cloud

Cloud Span A / Span B

$84.53 / $89.82Bearish
Donchian Channel (20)

20-period breakout channel position

39%Bearish

Momentum

RSI (14)

Neutral zone

46.4Range
MACD (12,26,9)

Histogram is positive

0.706Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

64.4 / 65.3Bearish
Williams %R (14)

Neutral zone

-35.6Range
CCI (20)

Balanced zone

-7.9Range
TD Sequential

Setup is not extreme

sell 7Bearish

Volatility

ATR (14)

High volatility

$4.67 (5.61%)Bearish
Bollinger Bands (20,2)

Width 21.09%

53%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$93.45 / $74.28Bearish
ATR channel lower / upper

Current Volatility Envelope

$78.53 / $87.87Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

43.2Bearish
OBV slope

20-period OBV slope

-56.91%Bearish
Volume ratio

Relative to 20-period average volume

0.90xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$106.33Range
Support

Nearest Downside Decision Level

$73.31Range

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