MEDTRONIC PLC (2M6.DE) Technical Analysis
FRA:2M6 • IE00BTN1Y115
76.32 EUR
-0.72 (-0.93%)
Last: Mar 12, 2026, 07:00 PM
We assign a technical rating of 0 out of 10 to 2M6. 2M6 scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, 2M6 is a bad performer in the overall market: 85% of all stocks are doing better.
- 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 1521 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 65 other stocks in this industry, 2M6 did better than 59% of them.
- 2M6 is currently trading in the middle 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 slightly.
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.
More info and screens
70.23
92.18
When analyzing the support we notice one important 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.
We can see 6 important resistance areas.
- A resistance zone ranging from 77.09 to 77.72. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 81.53 to 82.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 83.63 to 84.66. 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.
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 | 15.61 | NEGATIVE | 2M6.DE has a low relative strength, it was outperformed by 84.39% 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) | 28.65 | OVERSOLD | The low RSI value suggests 2M6.DE may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.62 | NEGATIVE | The MACD value suggests 2M6.DE has a negative trend. |
| Stochastics (14,3) | 5.82 | OVERSOLD | The low Stochastics value suggests 2M6.DE may be oversold. |
| Average True Range in percent/ATR (20) | 2.46 | MEDIUM VOLATILITY | The ATR as a percentage value for 2M6.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 25.52 | POSITIVE | The high ADX value value for 2M6.DE suggests a strong trend. |
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)
2M6.DE Technicals: Chart, Performance Metrics, Trend & Indicators
FRA:2M6 (3/12/2026, 7:00:00 PM)
76.32
-0.72 (-0.93%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-0.93%
1 Week-5.2%
2 Weeks-6.5%
1 Month-10.65%
3 Month-10.19%
6 Month-5.25%
12 Month-10.56%
2 Year-5.54%
3 Year3.47%
5 Year-24.23%
10 Year15.72%
15 YearN/A
Volatility
ATR(14)1.7
ATR(20)%2.46%
ATR Inc-2.73%
Range Today2.25
ADR(20)1.78
ADR(20)%2.34%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.61
3 months CRS15.19
6 months CRS22.35
Mansfield-1
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)7.33%
DER(5)6.42%
Volume1.52K
Volume Incr61.14%
Vol(5)1.86K
Vol(50)1.52K
MEDTRONIC PLC / 2M6.DE 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 28.6516. This indicates that the stock is currently oversold.
What is the MACD signal for MEDTRONIC PLC (2M6.DE) stock?
The MACD indicator for MEDTRONIC PLC (2M6.DE) has a value of -0.623932, 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.