
Technical analysis of Medtronic plc (stock) with the Montbon Method — Elliott Waves, moving averages and a 0–100 score.
Medtronic plc is a healthcare company that develops, manufactures, and sells device-based medical therapies to healthcare systems, physicians, and patients. The company operates through three main segments: the Cardiovascular Portfolio, which includes pacemakers, defibrillators, and aortic valves; the Neuroscience Portfolio, offering spinal cord stimulation devices and implantable drug infusion systems; and the Medical Surgical Portfolio. Its products are distributed across the United States, Ireland, and internationally.
Description generated automatically from public sources; it may be inaccurate or out of date.
Closing values for October 20, 2026, computed on the last 12 months of prices.
21 sessions
89.72 $
+5.18%
50 sessions
90.62 $
+4.12%
200 sessions
86.94 $
+8.53%
s2
91.28
Support
s1
92.03
Support
pivot
93.41
Pivot
r1
94.16
Resistance
r2
95.54
Resistance
In the October 20, 2026 session Medtronic plc closed higher at 94.36 $, +1.71% versus the previous session.
The price sits above every moving average observed: +5.18% against the 21-session average, +4.12% against the 50 and +8.53% against the 200.
The 14-period RSI reads 61.1, in neutral territory.
MACD stands at 1.244 against a signal line at 0.530: the histogram is positive (+0.714).
ADX reads 22.7, indicating weak directionality.
Levels computed on the latest session place supports at 92.03 and 91.28 $ and resistances at 94.16 and 95.54 $, around a pivot of 93.41.
The average daily range (ATR) is 2.355 $, or 2.50% of price.
Turnover was 3M shares, 9% of the 20-session average.
Over the last twelve months the price ranged between 72.07 and 96.50 $, and today stands −2.22% from the period high.
Measures computed on closing prices. They describe the past; they are not forecasts.
Score, Elliott Waves, moving averages and technical indicators — free, no card
If you're not registered we'll ask you to sign in (free), then open the MDT analysis.
Montbon analyses markets with Elliott Waves, multi-timeframe moving averages and a 0–100 score summarising the technical setup. It is an informational screening tool.
Elliott Waves
Wave counting to frame the price structure.
MTF moving averages
Moving averages across timeframes to read the trend.
0–100 score
A technical summary of the setup, updated daily.
How is Medtronic plc analysed technically?
Technical analysis of Medtronic plc is based on price charts and indicators such as moving averages, RSI and MACD, to observe trend, momentum and volatility across different time horizons.
Which timeframes are used for Medtronic plc?
The daily and weekly charts are typically used for medium-to-long-term trends, while intraday charts (for example 1-hour or 15-minute) are used for short-term movements.
What are Elliott Waves applied to Medtronic plc?
Elliott Wave theory describes price moves as sequences of impulsive and corrective waves; applied to Medtronic plc it helps frame the technical structure of the historical chart and is not a forecast.
Disclaimer. For informational purposes only; not financial advice or a recommendation. Montbon Analytics is not an authorised financial intermediary.
Are you an issuer and want a correction or removal? Write to info@montbon.com.