US stock / ETF

Medtronic plc

MDT · NYSE · USD

4 hoursBullish87%
4h Upside probability 87%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 $76.33 and reclaim $82.83.

Invalidation Trigger

Lose $76.33 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

4h
Momentum StateBullish
Momentum improving

RSI 53.4, MACD 0.065

4h
Volatility EnvironmentRange
Low volatility

ATR is $1.22 (1.51%)

4h

EMA Structure

Bullish
EMA 8$80.9Bearish
EMA 21$80.38Bullish
EMA 50$79.81Bullish

Signals

CategoryReadStrength
Momentum
RSI 53.4 · MACD 0.065

Neutral zone

Strength
Bullish
Volatility
ATR $1.22 · BB 4.76%

Low volatility

Strength
Range
Volume
MFI 55.3 · OBV 13.85%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$76.33 - $82.83

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+3.96% · 2.6 ATR above latest close

$84.05
Nearest resistance

+2.45% · 1.6 ATR above · 34-bar high

$82.83
Current price

Price shown is delayed

$80.85
Nearest support

-5.59% · 3.7 ATR below · 34-bar low

$76.33
Deeper support zone

-7.1% · 4.7 ATR below latest close

$75.11
ATR zone

Latest close ± ATR14

$79.63 - $82.07

Indicators

Trend

Dow Theory Structure

Confirmation $82.37, invalidation $77.62

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

Trend strength is active

22.6 / 26.8 / 25.5Bullish
Supertrend (10,3)

Price is above Supertrend

$77.56Bullish
Ichimoku Cloud

Cloud Span A / Span B

$80.32 / $78.07Bullish
Donchian Channel (20)

20-period breakout channel position

68%Bullish

Volatility

ATR (14)

Low volatility

$1.22 (1.51%)Range
Bollinger Bands (20,2)

Width 4.76%

64%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$82.73 / $78.11Range
ATR channel lower / upper

Current Volatility Envelope

$79.63 / $82.07Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$82.83Range
Support

Nearest Downside Decision Level

$76.33Range

Momentum

RSI (14)

Neutral zone

53.4Range
MACD (12,26,9)

Histogram is positive

0.065Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

68.0 / 74.0Bearish
Williams %R (14)

Neutral zone

-32.0Range
CCI (20)

Balanced zone

63.1Range
TD Sequential

Exhaustion setup is near completion

sell 9Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

55.3Bullish
OBV slope

20-period OBV slope

13.85%Bullish
Volume ratio

Relative to 20-period average volume

0.57xBearish

Trend

Dow Theory Structure

Confirmation $82.37, invalidation $77.62

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

Trend strength is active

22.6 / 26.8 / 25.5Bullish
Supertrend (10,3)

Price is above Supertrend

$77.56Bullish
Ichimoku Cloud

Cloud Span A / Span B

$80.32 / $78.07Bullish
Donchian Channel (20)

20-period breakout channel position

68%Bullish

Momentum

RSI (14)

Neutral zone

53.4Range
MACD (12,26,9)

Histogram is positive

0.065Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

68.0 / 74.0Bearish
Williams %R (14)

Neutral zone

-32.0Range
CCI (20)

Balanced zone

63.1Range
TD Sequential

Exhaustion setup is near completion

sell 9Bearish

Volatility

ATR (14)

Low volatility

$1.22 (1.51%)Range
Bollinger Bands (20,2)

Width 4.76%

64%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$82.73 / $78.11Range
ATR channel lower / upper

Current Volatility Envelope

$79.63 / $82.07Range

Volume / Money Flow

MFI (14)

Money flow is strong

55.3Bullish
OBV slope

20-period OBV slope

13.85%Bullish
Volume ratio

Relative to 20-period average volume

0.57xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$82.83Range
Support

Nearest Downside Decision Level

$76.33Range

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