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MEDTRONIC PLC (2M6.DE) Stock Technical Analysis

Europe - FRA:2M6 - IE00BTN1Y115 - Common Stock

80.51 EUR
+0.11 (+0.14%)
Last: 10/28/2025, 7:00:00 PM
Technical Rating and Analysis

4

Overall 2M6 gets a technical rating of 4 out of 10. In the last year, 2M6 was a bad performer. We also see some doubts in the very recent evolution, but in the medium term things still look positive.

75% of all other stocks performed better in the past year than 2M6.
Warning: 2M6 has an average volume of 1312 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month 2M6 has a been trading in the 78.35 - 85.07 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
2M6 is an average performer in the Health Care Equipment & Supplies industry, it outperforms 63% of 62 stocks in the same industry.
2M6 is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so 2M6 is lagging the market.
Weekly and Daily overview Charts
MEDTRONIC PLC / 2M6 Weekly stock chart
MEDTRONIC PLC / 2M6 Daily stock chart
Setup Rating and Analysis

7

2M6 has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 78.35, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for 2M6 in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

70.23

88.90

We found 3 important support areas.

  • A support zone ranging from 77.09 to 78.35. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Support @73.03 from a horizontal line in the daily time frame.
  • A support zone ranging from 70.94 to 71.32. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 3 important areas.

  • A resistance zone ranging from 80.71 to 82.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @83.95 from a trend line in the daily time frame.
  • Resistance @88.02 from a horizontal line in the weekly time frame.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for 2M6.DE is up.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for 2M6.DE is down.
ChartMill Relative Strength25.58NEGATIVE2M6.DE has a low relative strength, it was outperformed by 74.42% off all stocks on the market.
Simple Moving Average/SMA (20)UPMIXEDThe current price of 2M6.DE is below the rising SMA(20).
Simple Moving Average/SMA (50)UPMIXEDThe current price of 2M6.DE is below the rising SMA(50).
Simple Moving Average/SMA (200)DOWNMIXEDThe current price of 2M6.DE is above a declining SMA(200).
Relative Strength Index/RSI (14)44.87NEUTRALThe RSI value for 2M6.DE is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.37NEGATIVEThe MACD value suggests 2M6.DE has a negative trend.
Stochastics (14,3)15.54OVERSOLDThe low Stochastics value suggests 2M6.DE may be oversold.
Average True Range in percent/ATR (20)1.84LOW VOLATILITYThe low ATR as a percentage value for 2M6.DE suggests low volalility.
Average Directional Index/ADX (14)14.48NEGATIVEThe low ADX value for 2M6.DE suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
MEDTRONIC PLC / 2M6 Daily stock chart

MEDTRONIC PLC

FRA:2M6 (10/28/2025, 7:00:00 PM)

80.51

+0.11 (+0.14%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg0.14%
1 Week-2.47%
2 Weeks-3.06%
1 Month0.01%
3 Month4.11%
6 Month8.45%
12 Month-3.7%
2 Year21.14%
3 Year-8.65%
5 Year-6.26%
10 Year19.74%
15 YearN/A
Volatility
ATR(14)1.27
ATR(20)%1.84%
ATR Inc-56.2%
Range Today0.31
ADR(20)1.38
ADR(20)%1.71%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.58
3 months CRS46.15
6 months CRS51.31
Mansfield-1.11
10 Day High83.68
10 Day Low79.6
20 Day High85.07
20 Day Low78.35
52 Week High90.81
52 Week Low70.58
CS1 End78.35
CR1 Start80.71
Volume & EV
DER(3)11.11%
DER(5)8.32%
Volume465
Volume Incr13.8%
Vol(5)1.49K
Vol(50)1.31K

MEDTRONIC PLC / 2M6.DE FAQ

What is the ChartMill technical rating of MEDTRONIC PLC (2M6.DE) stock?

ChartMill assigns a technical rating of 4 / 10 to 2M6.DE.


What is the current trend direction of MEDTRONIC PLC (2M6.DE) stock?

The current trend direction for MEDTRONIC PLC (2M6.DE) is Bullish.


What is the RSI signal for MEDTRONIC PLC (2M6.DE) stock?

MEDTRONIC PLC (2M6.DE) has an RSI value of 44.8695. This indicates that the stock is currently neutral.


What is the short term momentum for MEDTRONIC PLC (2M6.DE) stock?

The short term momentum for MEDTRONIC PLC (2M6.DE) is negative.


Can you provide the support and resistance levels for MEDTRONIC PLC?

MEDTRONIC PLC (2M6.DE) has a support level at 78.35 and a resistance level at 80.71. Check the full technical report for our detailed analysis of 2M6.DE support and resistance levels.