MEDTRONIC PLC (1MDT.MI) Stock Technical Analysis
Europe • Euronext Milan • BIT:1MDT • IE00BTN1Y115
Taking everything into account, 1MDT scores 4 out of 10 in our technical rating. In the last year, 1MDT was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- 100% of all other stocks performed better in the past year than 1MDT.
- 1MDT is one of the lesser performing stocks in the Health Care Equipment & Supplies industry. 76% of 68 stocks in the same industry do better.
- Both the short term and long term trends are positive. This is a very positive sign.
- In the last month 1MDT has a been trading in the 72.36 - 88.40 range, which is quite wide. It is currently trading near the high of this range.
1MDT has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 87.30. Right above this resistance zone may be a good entry point.
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73.26
When analyzing the support we notice one important area.
- A support zone ranging from 74.00 to 74.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 87.30 to 89.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for 1MDT.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for 1MDT.MI is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | 1MDT.MI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of 1MDT.MI is above the rising SMA(20). |
| Relative Strength Index/RSI (14) | 54.54 | NEUTRAL | The RSI value for 1MDT.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.43 | NEGATIVE | The MACD value suggests 1MDT.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 70.18 | NEUTRAL | The Stochastics value for 1MDT.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 5.19 | HIGH VOLATILITY | The high ATR as a percentage value for 1MDT.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 13.42 | NEGATIVE | The low ADX value for 1MDT.MI suggests a weak or negative trend. |
BIT:1MDT (1/29/2026, 7:00:00 PM)
84.48
+2.17 (+2.64%)
MEDTRONIC PLC / 1MDT.MI FAQ
What is the ChartMill technical rating of MEDTRONIC PLC (1MDT.MI) stock?
ChartMill assigns a technical rating of 4 / 10 to 1MDT.MI.
What is the trend direction for 1MDT stock?
The current trend direction for MEDTRONIC PLC (1MDT.MI) is Bullish.
What is the RSI signal for 1MDT stock?
MEDTRONIC PLC (1MDT.MI) has an RSI value of 54.5353. This indicates that the stock is currently neutral.
What is the short term momentum for MEDTRONIC PLC (1MDT.MI) stock?
The short term momentum for MEDTRONIC PLC (1MDT.MI) is positive.
What are the support and resistance levels for MEDTRONIC PLC (1MDT.MI) stock?
MEDTRONIC PLC (1MDT.MI) has a support level at 74.91 and a resistance level at 87.3. Check the full technical report for our detailed analysis of 1MDT.MI support and resistance levels.