NYSE:MDT - New York Stock Exchange, Inc. - IE00BTN1Y115 - Common Stock - Currency: USD
We assign a technical rating of 6 out of 10 to MDT. In the last year, MDT was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
MDT has an average technical rating and it also does not offer a high 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.
76.07
When analyzing the support we can see 3 important areas.
When analyzing the resistance we notice 2 important areas.
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 MDT is up. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MDT is neutral. |
ChartMill Relative Strength | 61.59 | NEUTRAL | MDT is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | MIXED | The current price of MDT is below the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MDT is above the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of MDT is above a declining SMA(200). |
Relative Strength Index/RSI (14) | 47.77 | NEUTRAL | The RSI value for MDT is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.23 | NEGATIVE | The MACD value suggests MDT has a negative trend. |
Stochastics (14,3) | 43.3 | NEUTRAL | The Stochastics value for MDT is a neutral value. |
Average True Range in percent/ATR (20) | 1.66 | LOW VOLATILITY | The low ATR as a percentage value for MDT suggests low volalility. |
Average Directional Index/ADX (14) | 26.81 | POSITIVE | The high ADX value value for MDT suggests a strong trend. |
89.34
-0.9 (-1%)