MDT technical analysis

MDT Technical Analysis

Analysis date

July 15, 2026

Market

NYSE (USD)

Daily cutoff

July 14, 2026

Reliability

Passed

Informational use only. This page is not investment advice.

Data verification

MDT Data Verification

Checking the latest completed daily bar for date and closing-price consistency before indicators are calculated.

Symbol
MDT
Market
NYSE
Currency
USD (US Dollar)
Latest completed bar
July 14, 2026

Historical prices are adjusted for corporate actions when applicable. Date and closing-price consistency checks passed for the latest completed daily bar.

Validation seriesLatest CloseDateDifferenceStatus
Calculation series79.30July 14, 2026-Verified
Verification series79.30July 14, 2026 (previous close)0.00%Verified

Bottom line

MDT Technical Analysis Summary

MDT (Medtronic) shows a mixed technical picture with a bearish bias on the daily timeframe. The daily chart shows price at 79.30 below SMA20 (80.73) and SMA200 (89.42), with RSI14 at 46.20 indicating slightly bearish momentum. The weekly chart is more balanced with price at 83.87 above SMA20 (82.54) and SMA200 (80.50), though still below SMA50 (89.53). The significant -5.11% daily drop on July 14 broke below the SMA20, warranting close monitoring. Key support is at 76.93 (20-day low), while resistance is at 85.99 (20-day high). A sustained move above 85.99 would be bullish; a break below 72.65 (60-day/52-week low) would signal further downside.

Multi-timeframe dashboard

Multi-Timeframe Technical Dashboard

Comparing daily (2-year) and weekly (5-year) perspectives to identify aligned or conflicting signals.

Daily (July 14, 2026)

Trend
Mixed to bearish. Price at 79.30 is below SMA20 (80.73) and SMA200 (89.42) but above SMA50 (78.57). The SMA200 is sloping downward, confirming the longer-term downtrend remains intact. The sharp -5.11% drop on July 14 pushed price below SMA20.
Momentum
Slightly bearish. RSI14 at 46.20 is below the neutral 50 level, reflecting negative momentum without oversold conditions. MACD at 0.9194 is above the signal line at 0.8987 with a near-flat positive histogram at 0.0207, suggesting minimal bullish conviction.
Volatility
Moderate. ATR14 at 2.23 (2.81% of price) reflects normal daily swings. Bollinger Bands (76.77 to 84.69) show price near the lower band after the July 14 sell-off, consistent with the recent bearish move.
Volume
Below average. Latest volume of 6,866,604 is 74.6% of the 20-period average (9,205,415), indicating the sell-off occurred on relatively light volume rather than panic selling.

Assessment

The daily chart is under pressure following the -5.11% decline on July 14. Price has fallen below SMA20 and is testing the SMA50 at 78.57. The near-zero MACD histogram and RSI below 50 suggest weak momentum. The key level to watch is 76.93 (20-day low), and a break below it could open the path to the 52-week low at 72.65.

Weekly (July 6, 2026 week)

Trend
Mixed. Price at 83.87 is above SMA20 (82.54) and SMA200 (80.50) but below SMA50 (89.53). The SMA50 is sloping downward, indicating intermediate-term resistance.
Momentum
Neutral. RSI14 at 49.07 is essentially at the 50 neutral level, reflecting no strong directional conviction. MACD at -2.77 has crossed above the signal line at -3.35 with a positive histogram at 0.58, indicating improving weekly momentum from a negative base.
Volatility
Moderate. ATR14 at 4.42 (5.27% of price) reflects normal weekly ranges. Bollinger Bands (72.11 to 92.96) show price in the middle of the band range.
Volume
Below average. Weekly volume of 38,263,100 is 83.8% of the 20-week average (45,646,465), suggesting tepid participation in recent price action.

Assessment

The weekly timeframe shows a stock attempting to stabilize after the longer-term decline. Price holding above SMA20 and SMA200 is constructive, but the SMA50 at 89.53 represents nearby resistance. The MACD bullish crossover (line above signal) is a positive development, though both lines remain negative. The weekly chart does not yet confirm a trend reversal but suggests the sell-off may be losing momentum.

Key indicators

MDT Key Technical Indicators

RSI, MACD, moving averages, ATR, and Bollinger Bands across daily and weekly timeframes.

IndicatorDailyWeekly
RSI (14)46.2049.07
MACD (12, 26, 9)0.9194 / 0.8987 / 0.0207-2.77 / -3.35 / 0.58
ATR (14)2.23 (2.81%)4.42 (5.27%)
Bollinger Bands (20, 2)76.77 - 84.6972.11 - 92.96
SMA (20)80.7382.54
SMA (50)78.5789.53
SMA (200)89.4280.50

Price structure

MDT Price Structure and Returns

Price performance across multiple lookback periods and 52-week position.

MetricDailyWeekly
Current Price79.3083.87
1-Period Return-5.11%+0.82%
5-Period Return-5.40%+3.62%
20-Period Return-0.23%-11.92%
60-Period Return-6.58%+1.01%
252-Period Return-8.94%-25.20%
52-Week Low72.6572.65
52-Week High103.76103.76
52-Week Position21.36%36.05%

Key levels

MDT Support and Resistance Levels

Key price levels based on recent swing highs and lows across daily and weekly timeframes.

LevelDailyWeekly
20-Period High85.9997.30
20-Period Low76.9372.65
60-Period High86.27103.76
60-Period Low72.6572.65

Scenarios

MDT Technical Scenarios

Conditions, invalidation triggers, and what to watch for each scenario.

Bullish

Trigger

Price reclaims SMA20 at 80.73 on the daily with above-average volume, then breaks above the 20-day high at 85.99.

Invalidation

Price fails to hold SMA50 at 78.57 and breaks below the 20-day low at 76.93.

What to watch

Daily RSI recovering above 50; MACD histogram expanding positively; weekly price holding above SMA200 at 80.50.

Range-Bound

Trigger

Price oscillates between 76.93 support and 85.99 resistance with declining volume and RSI between 35 and 55.

Invalidation

A decisive break of either boundary with expanding volume.

What to watch

The daily MACD histogram direction; if it turns negative, it could signal a breakdown below support. Light volume at boundaries would support a range-bound view.

Bearish

Trigger

Price breaks below the 20-day low at 76.93 and then the 60-day low at 72.65 (also the 52-week low).

Invalidation

Price reclaims SMA20 at 80.73 on strong volume and holds above it.

What to watch

Daily RSI falling toward 30; MACD histogram turning negative; increasing volume on down days; weekly RSI breaking below 40.

Methodology

Methodology and Limitations

This technical analysis is calculated locally from adjusted OHLCV history. The daily series ends July 14, 2026, and the weekly series ends July 6, 2026 week. The latest completed daily bar is independently checked for date and closing-price consistency. Historical prices are adjusted for corporate actions when applicable. Indicators include Wilder RSI(14), MACD(12,26,9), SMA20/50/200, Wilder ATR(14), Bollinger Bands(20,2), relative volume, multi-period returns, and price-range levels. Support and resistance are descriptive zones, not guaranteed reversal points. Historical patterns do not predict future prices, and this page is not investment advice.

Frequently Asked Questions

This technical analysis is for informational and educational purposes only. It does not constitute investment advice, a recommendation, or a solicitation to buy or sell any security. Past performance and historical patterns are not guarantees of future results. All investments carry risk, including the potential loss of principal. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.

Market data is checked for date and closing-price consistency before indicators are calculated. Data cutoffs: daily July 14, 2026, weekly July 6, 2026 week. Generated July 15, 2026.