US stock / ETF

Medtronic plc

MDT · NYSE · USD

1 weekBearish61%
Weekly Downside probability 61%Bearish

MDT 1W chart

EMA21EMA50Bollinger
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Market View

Market Shift

Weekly: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $87.53 and stabilize above resistance $98.98.

Invalidation Trigger

Break above $98.98 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

Weekly
Momentum StateRange
Momentum mixed

RSI 46.4, MACD 0.286

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $4.33 (5.07%)

Weekly

EMA Structure

Range
EMA 8$88.34Bearish
EMA 21$87.53Bearish
EMA 50$88.17Bearish

Signals

CategoryReadStrength
Momentum
RSI 46.4 · MACD 0.286

Neutral zone

Strength
Range
Volatility
ATR $4.33 · BB 24.34%

High volatility

Strength
Bearish
Volume
MFI 40.5 · OBV -10.28%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$73.31 - $98.98

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+20.82% · 4.1 ATR above latest close

$103.31
Nearest resistance

+15.75% · 3.1 ATR above · 34-bar high

$98.98
Current price

Price shown is delayed

$85.51
Nearest support

-14.27% · 2.8 ATR below · 34-bar low

$73.31
Deeper support zone

-19.34% · 3.8 ATR below latest close

$68.98
ATR zone

Latest close ± ATR14

$81.18 - $89.84

Indicators

Trend

Dow Theory Structure

Confirmation $95.41, invalidation $73.31

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

Trend strength is active

39.9 / 29.6 / 15.0Bullish
Supertrend (10,3)

Price is above Supertrend

$74.33Bullish
Ichimoku Cloud

Cloud Span A / Span B

$87.34 / $89.82Bearish
Donchian Channel (20)

20-period breakout channel position

55%Range

Volatility

ATR (14)

High volatility

$4.33 (5.07%)Bearish
Bollinger Bands (20,2)

Width 24.34%

49%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$95.97 / $79.13Bearish
ATR channel lower / upper

Current Volatility Envelope

$81.18 / $89.84Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$98.98Range
Support

Nearest Downside Decision Level

$73.31Range

Momentum

RSI (14)

Neutral zone

46.4Range
MACD (12,26,9)

Histogram is positive

0.286Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

39.8 / 49.4Bearish
Williams %R (14)

Neutral zone

-60.2Range
CCI (20)

Balanced zone

12.1Range
TD Sequential

Setup is not extreme

buy 5Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

40.5Bearish
OBV slope

20-period OBV slope

-10.28%Bearish
Volume ratio

Relative to 20-period average volume

2.93xBullish

Trend

Dow Theory Structure

Confirmation $95.41, invalidation $73.31

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

Trend strength is active

39.9 / 29.6 / 15.0Bullish
Supertrend (10,3)

Price is above Supertrend

$74.33Bullish
Ichimoku Cloud

Cloud Span A / Span B

$87.34 / $89.82Bearish
Donchian Channel (20)

20-period breakout channel position

55%Range

Momentum

RSI (14)

Neutral zone

46.4Range
MACD (12,26,9)

Histogram is positive

0.286Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

39.8 / 49.4Bearish
Williams %R (14)

Neutral zone

-60.2Range
CCI (20)

Balanced zone

12.1Range
TD Sequential

Setup is not extreme

buy 5Bullish

Volatility

ATR (14)

High volatility

$4.33 (5.07%)Bearish
Bollinger Bands (20,2)

Width 24.34%

49%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$95.97 / $79.13Bearish
ATR channel lower / upper

Current Volatility Envelope

$81.18 / $89.84Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

40.5Bearish
OBV slope

20-period OBV slope

-10.28%Bearish
Volume ratio

Relative to 20-period average volume

2.93xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$98.98Range
Support

Nearest Downside Decision Level

$73.31Range

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