US stock / ETF

Medtronic plc

MDT · NYSE · USD

4 hoursBullish57%
4h Upside probability 57%Bullish

MDT 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

4h: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $92.47 and reclaim $97.

Invalidation Trigger

Lose $92.47 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is below EMA21

4h
Momentum StateRange
Momentum mixed

RSI 51.2, MACD -0.197

4h
Volatility EnvironmentBullish
Low volatility

ATR is $0.8924 (0.94%)

4h

EMA Structure

Bullish
EMA 8$94.6Bearish
EMA 21$94.5Bearish
EMA 50$93.37Bullish

Signals

CategoryReadStrength
Momentum
RSI 51.2 · MACD -0.197

Neutral zone

Strength
Range
Volatility
ATR $0.8924 · BB 4.55%

Low volatility

Strength
Bullish
Volume
MFI 60.9 · OBV -6.28%

Relative to 20-period average volume

Strength
Range
Price Levels
$92.47 - $97

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+3.65% · 3.9 ATR above latest close

$97.89
Nearest resistance

+2.71% · 2.9 ATR above · 34-bar high

$97
Current price

Price shown is delayed

$94.44
Nearest support

-2.09% · 2.2 ATR below · 34-bar low

$92.47
Deeper support zone

-3.03% · 3.2 ATR below latest close

$91.58
ATR zone

Latest close ± ATR14

$93.55 - $95.33

Indicators

Trend

Dow Theory Structure

Confirmation $93.74, invalidation $95.34

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

Trend strength is active

27.7 / 34.3 / 23.5Bullish
Supertrend (10,3)

Price is above Supertrend

$92.26Bullish
Ichimoku Cloud

Cloud Span A / Span B

$94.74 / $92.23Bearish
Donchian Channel (20)

20-period breakout channel position

41%Range

Volatility

ATR (14)

Low volatility

$0.8924 (0.94%)Bullish
Bollinger Bands (20,2)

Width 4.55%

46%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$95.81 / $93.24Bullish
ATR channel lower / upper

Current Volatility Envelope

$93.55 / $95.33Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$97Range
Support

Nearest Downside Decision Level

$92.47Range

Momentum

RSI (14)

Neutral zone

51.2Range
MACD (12,26,9)

Histogram is negative

-0.197Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

40.7 / 35.8Bullish
Williams %R (14)

Neutral zone

-59.3Range
CCI (20)

Balanced zone

-30.1Range
TD Sequential

Exhaustion setup is near completion

buy 10Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

60.9Bullish
OBV slope

20-period OBV slope

-6.28%Bearish
Volume ratio

Relative to 20-period average volume

0.83xBearish

Trend

Dow Theory Structure

Confirmation $93.74, invalidation $95.34

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

Trend strength is active

27.7 / 34.3 / 23.5Bullish
Supertrend (10,3)

Price is above Supertrend

$92.26Bullish
Ichimoku Cloud

Cloud Span A / Span B

$94.74 / $92.23Bearish
Donchian Channel (20)

20-period breakout channel position

41%Range

Momentum

RSI (14)

Neutral zone

51.2Range
MACD (12,26,9)

Histogram is negative

-0.197Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

40.7 / 35.8Bullish
Williams %R (14)

Neutral zone

-59.3Range
CCI (20)

Balanced zone

-30.1Range
TD Sequential

Exhaustion setup is near completion

buy 10Bullish

Volatility

ATR (14)

Low volatility

$0.8924 (0.94%)Bullish
Bollinger Bands (20,2)

Width 4.55%

46%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$95.81 / $93.24Bullish
ATR channel lower / upper

Current Volatility Envelope

$93.55 / $95.33Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

60.9Bullish
OBV slope

20-period OBV slope

-6.28%Bearish
Volume ratio

Relative to 20-period average volume

0.83xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$97Range
Support

Nearest Downside Decision Level

$92.47Range

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