MEDTRONIC PLC (2M6.DE) Technical Analysis

FRA:2M6 • IE00BTN1Y115

76.75 EUR

+0.25 (+0.33%)

Last: Mar 16, 2026, 07:00 PM

2M6.DE Technical Rating and Analysis

We assign a technical rating of 0 out of 10 to 2M6. 2M6's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
84% of all other stocks performed better in the past year than 2M6.
2M6 is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so 2M6 is lagging the market.
In the last month 2M6 has a been trading in the 75.95 - 85.89 range, which is quite wide. It is currently trading near the lows of this range.
Warning: 2M6 has an average volume of 1538 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
2M6 is part of the Health Care Equipment & Supplies industry. There are 63 other stocks in this industry, 2M6 did better than 59% of them.

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2M6.DE Weekly and Daily overview Charts

2M6.DE Setup Rating and Analysis

The technical rating of 2M6 is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

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2M6.DE Support and Resistance Analysis

70.23

92.18

We found 1 important support area.

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.

6 important resistance areas can be observed.

A resistance zone ranging from 77.09 to 78.75. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
A resistance zone ranging from 80.66 to 81.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
A resistance zone ranging from 83.41 to 84.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Resistance @86.61 from a horizontal line in the weekly time frame.
Resistance @88.02 from a horizontal line in the weekly time frame.
Resistance @91.27 from a horizontal line in the daily time frame.

More info and screens

What is Support and Resistance Support and Resistance indicators Support and Resistance Screener and Trading Strategies

2M6.DE 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.

Indicator	Value	Signal	Comment
ChartMill Long Term Trend Indicator	DOWN	NEGATIVE	The long term trend for 2M6.DE is down.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for 2M6.DE is down.
ChartMill Relative Strength	16.71	NEGATIVE	2M6.DE has a low relative strength, it was outperformed by 83.29% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of 2M6.DE is below a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of 2M6.DE is below a declining SMA(50).
Simple Moving Average/SMA (200)	UP	MIXED	The current price of 2M6.DE is below the rising SMA(200).
Relative Strength Index/RSI (14)	31.11	NEUTRAL	The RSI value for 2M6.DE is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.51	NEGATIVE	The MACD value suggests 2M6.DE has a negative trend, although the MACD value is rising.
Stochastics (14,3)	6.34	OVERSOLD	The low Stochastics value suggests 2M6.DE may be oversold.
Average True Range in percent/ATR (20)	2.39	MEDIUM VOLATILITY	The ATR as a percentage value for 2M6.DE suggests some volalility.
Average Directional Index/ADX (14)	26.97	POSITIVE	The high ADX value value for 2M6.DE suggests a strong trend.

2M6.DE 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)

More info

Bullish Engulfing Bearish Engulfing Bullish Harami Bullish Hammer Gravestone Doji Dragonfly Doji Shooting Star Dark Cloud Cover Bull Flags Ascending Triangle Descending Triangle Symmetrical Triangle Rising Wedge Falling Wedge Double Bottom Ascending Channel Descending Channel Double Top Squeeze Plays

2M6.DE Technicals: Chart, Performance Metrics, Trend & Indicators

MEDTRONIC PLC

FRA:2M6 (3/16/2026, 7:00:00 PM)

76.75

+0.25 (+0.33%)

Chartmill TA Rating

Chartmill Setup Rating

Sector

GICS SectorHealth Care

GICS IndustryHealth Care Equipment & Supplies

Performance

% Chg0.33%

1 Week-2.07%

2 Weeks-8.45%

1 Month-10.07%

3 Month-9.01%

6 Month-4.58%

12 Month-8.37%

2 Year-5.01%

3 Year4.05%

5 Year-23.8%

10 Year16.38%

15 YearN/A

Volatility

ATR(14)1.61

ATR(20)%2.39%

ATR Inc-40.39%

Range Today0.87

ADR(20)1.74

ADR(20)%2.27%

Trend & SMA

ST Trend

LT Trend

SMA(5)

SMA(10)

SMA(20)

SMA(50)

SMA(100)

SMA(200)

Relative Strength & Ranges

CRS16.71

3 months CRS16.54

6 months CRS23.38

Mansfield-0.86

10 Day High85

10 Day Low75.95

20 Day High85.89

20 Day Low75.95

52 Week High91.5

52 Week Low70.58

CS1 End71.32

CR1 Start77.09

Volume & EV

DER(3)4.9%

DER(5)5.83%

Volume1.51K

Volume Incr32.58%

Vol(5)1.57K

Vol(50)1.54K

MEDTRONIC PLC / 2M6.DE TA FAQ

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

ChartMill assigns a technical rating of 0 / 10 to 2M6.DE.

What is the trend direction for 2M6 stock?

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

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

MEDTRONIC PLC (2M6.DE) has an RSI value of 31.114. This indicates that the stock is currently neutral.

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

The MACD indicator for MEDTRONIC PLC (2M6.DE) has a value of -0.509509, indicating a bearish trend.

Can you provide the buy/sell signal for MEDTRONIC PLC?

The buy/sell signal for MEDTRONIC PLC (2M6.DE) is sell as both the short term and long term trends are negative.