MDT

MedtronicHealthcare

$86.63+0.66%

Rectangle Descending Triangle Bearish Flag

0CP IndexNo Signal

How it works

The Setup Confidence (0-100) is an algorithmic score evaluating 4 key metrics. A score of 0 means no confirmed signal yet.

Trend Alignment (SMA)
Volume Confirmation
Pattern Clarity
Momentum (RSI)

3 Month Interval$86.63

FEBMARAPR

Next Move for MDT

A clean Rectangle often precedes a big move. Validate your entry.

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Quick Actions

Trade Plan: Bearish Flag

Risk/Reward

1:5.58

Entry

$84.92

Stop

$88.46

Target

$65.19

Chart Pattern

Rectangle

Sideways movement between parallel supports.

Descending Triangle

Bearish continuation pattern.

Bearish Flag

Bearish continuation if preceding move was down.

Market Analysis

MDT is showing interesting structural developments at $86.63. The stock is trading at $86.63, up 0.66% on the day. Algorithmically, a Bearish Flag structure has completed. Buying pressure is average relative to the 20-day average. A potential breakout level is identified at $84.92, targeting $65.19 with support near $88.46 (R:R 5.58).

Community Sentiment

What is your outlook on MDT?

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MDT