US stock / ETF

Medtronic plc

MDT · NYSE · USD

4 hoursBearish87%
4h Downside probability 87%Bearish

MDT 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

4h: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $91.78 and stabilize above resistance $94.72.

Invalidation Trigger

Break above $94.72 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 38.6, MACD -0.319

4h
Volatility EnvironmentBullish
Low volatility

ATR is $0.8569 (0.95%)

4h

EMA Structure

Range
EMA 8$91.19Bearish
EMA 21$91.78Bearish
EMA 50$91.11Bearish

Signals

CategoryReadStrength
Momentum
RSI 38.6 · MACD -0.319

Momentum is weak

Strength
Bearish
Volatility
ATR $0.8569 · BB 4.20%

Low volatility

Strength
Bullish
Volume
MFI 13.9 · OBV -7.24%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$89.97 - $94.72

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+5.96% · 6.3 ATR above latest close

$95.57
Nearest resistance

+5.01% · 5.3 ATR above · 34-bar high

$94.72
Current price

Price shown is delayed

$90.2
Nearest support

-0.25% · 0.3 ATR below · 34-bar low

$89.97
Deeper support zone

-1.21% · 1.3 ATR below latest close

$89.11
ATR zone

Latest close ± ATR14

$89.34 - $91.06

Indicators

Trend

Dow Theory Structure

Confirmation $90.75, invalidation $92.53

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

Trend strength is active

41.5 / 9.2 / 38.6Bearish
Supertrend (10,3)

Price is above Supertrend

$87.36Bullish
Ichimoku Cloud

Cloud Span A / Span B

$91.8 / $91.55Bearish
Donchian Channel (20)

20-period breakout channel position

6%Bearish

Volatility

ATR (14)

Low volatility

$0.8569 (0.95%)Bullish
Bollinger Bands (20,2)

Width 4.20%

-1%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$93.61 / $89.93Bullish
ATR channel lower / upper

Current Volatility Envelope

$89.34 / $91.06Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$94.72Range
Support

Nearest Downside Decision Level

$89.97Range

Momentum

RSI (14)

Momentum is weak

38.6Bearish
MACD (12,26,9)

Histogram is negative

-0.319Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

5.6 / 9.5Bearish
Williams %R (14)

Oversold zone

-94.4Bullish
CCI (20)

Weak expansion

-169.0Bearish
TD Sequential

Setup is not extreme

buy 2Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

13.9Bearish
OBV slope

20-period OBV slope

-7.24%Bearish
Volume ratio

Relative to 20-period average volume

1.12xBullish

Trend

Dow Theory Structure

Confirmation $90.75, invalidation $92.53

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

Trend strength is active

41.5 / 9.2 / 38.6Bearish
Supertrend (10,3)

Price is above Supertrend

$87.36Bullish
Ichimoku Cloud

Cloud Span A / Span B

$91.8 / $91.55Bearish
Donchian Channel (20)

20-period breakout channel position

6%Bearish

Momentum

RSI (14)

Momentum is weak

38.6Bearish
MACD (12,26,9)

Histogram is negative

-0.319Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

5.6 / 9.5Bearish
Williams %R (14)

Oversold zone

-94.4Bullish
CCI (20)

Weak expansion

-169.0Bearish
TD Sequential

Setup is not extreme

buy 2Bullish

Volatility

ATR (14)

Low volatility

$0.8569 (0.95%)Bullish
Bollinger Bands (20,2)

Width 4.20%

-1%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$93.61 / $89.93Bullish
ATR channel lower / upper

Current Volatility Envelope

$89.34 / $91.06Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

13.9Bearish
OBV slope

20-period OBV slope

-7.24%Bearish
Volume ratio

Relative to 20-period average volume

1.12xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$94.72Range
Support

Nearest Downside Decision Level

$89.97Range

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