|
|
Downtrend Broken Resist.Archive
- 1/16/2026 -
Sign In to see current Signals. |
Medtronic Inc. (MDT) Technical Analysis
|
 |
| Summary:
| | | Weekly : | | Daily :
Move cursor over the icon to see details.
| | It was the negative week for the Medtronic Inc. (MDT). During the week, the MDT gave back -0.77 points, or -0.79%, and closed at 96.76 on Friday, January 16, 2026. Weekly volume was 7% above average.
 Long-term trend: [See MDT long-term trend chart]
A long-term uptrend had started on October 30, 2023 at 68.84 and reached 106.33 on November 26, 2025. MDT gained -37.49 points, or -54.46%, in 108 weeks. The chart has formed a Rising Channel chart pattern. The trend support level is at 87.08 and resistance is at 103.20. A Rising Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel pattern in a long-term trend.
 Medium-term trend: [See MDT medium-term trend chart]
A medium-term downtrend had started on November 26, 2025 at 106.33 and reached 95.17 on January 5, 2026. MDT lost 11.16 points, or 10.50%, in 5 weeks. The price is now at the 14.25% retracement level.
 Weekly Technical Indicators: [See MDT weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is below its signal line since December 26, 2025. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term downtrend is getting stronger. Use the following link to access a MACD help.
 Short-term trend: [See MDT short-term trend chart]
A short-term uptrend had started on January 5, 2026 at 95.17 and reached 101.32 on January 7, 2026. MDT gained -6.15 points, or -6.46%, in 2 days. The chart has formed a Symmetric Triangle chart pattern. The trend support level is at 96.02 and resistance is at 99.15. A Symmetric Triangle pattern represents the area of indecision, where the movement direction is questioned. Chart pattern analysis usually considers a symmetric triangle chart pattern as a continuation formation which resolves in the direction of larger trend, but it also may mark the trend reversal. Use the following link to access a Symmetric Triangle chart pattern help, or use a Technical Stock Screener to see the list of stocks with Symmetric Triangle pattern in a short-term trend.
Daily Technical Indicators: [See MDT daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is above its signal line since January 13, 2026. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak.
During the last week, the 20 Day Moving Average has crossed below the 50 Day Moving Average. Such crossover is considered a bearish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
| |
|
|