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Uptrend SupportArchive - 2/27/2026 - Sign In to see current Signals. |
Medtronic Inc. (MDT) Technical Analysis
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| Summary:
| | Weekly : | | Daily :     Move cursor over the icon to see details.
| | It was a first positive week after 3 consecutive negative weeks for the Medtronic Inc. (MDT). During the week, the MDT climbed 0.80 points, or 0.83%, and closed at 97.66 on Friday, February 27, 2026. MDT was trading at average weekly trading volume.
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 Wedge chart pattern. The trend support level is at 90.13 and resistance is at 101.73. A Rising Wage is a triangle formation with a noticeable slant to the upside. It represents the loss of an upside momentum on each successive high and has a bearish bias. The Rising wedge usually marks a reversal in an uptrend. In a downtrend a rising wedge is considered to be a continuation pattern. Use the following link to access a Rising Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Wedge pattern in a long-term trend.
Medium-term trend: [See MDT medium-term trend chart] A medium-term uptrend had started on January 5, 2026 at 95.17 and reached 105.50 on February 4, 2026. MDT gained -10.33 points, or -10.85%, in 4 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The price is near the trend support (97.08) line. The support is usually stronger when technical indicators are oversold. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend support line in a medium-term trend.
Weekly Technical Indicators: [See MDT weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since February 13, 2026. Use the following link to access a MACD help.
Short-term trend: [See MDT short-term trend chart] A short-term downtrend had started on February 4, 2026 at 105.50 and reached 95.50 on February 17, 2026. MDT lost 10.00 points, or 9.48%, in 13 days. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.
Daily Technical Indicators: [See MDT daily technical indicators chart] Daily Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range. During the last week, daily Lane's Stochastic main line (%K) has rallied above the oversold signal line (%D). Such crossover is considered a bullish signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help. The daily MACD line is below its signal line since February 10, 2026. This is an indication that the short-term trend is down. During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level. During the last week, the 20 Day Moving Average has advanced above the 50 Day Moving Average. Such crossover is considered a bullish 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.
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