REPORTING FOR 2020-01-03 | WCX19.ORG: We have done an in-depth analysis of how MDT has been trading over the last 2 weeks and the past day especially. On its latest session, Medtronic plc (NYSE:MDT) opened at 114.46, reaching a high of 114.91 and a low of 113.1 before closing at a price of 114.56. There was a total volume of 3907604.
VOLUME INDICATORS FOR MEDTRONIC PLC (NYSE:MDT): We saw an accumulation-distribution index of 1315.07025, an on-balance volume of -113.45, chaikin money flow of 7.04444 and a force index of 0.91883. There was an ease of movement rating of 0.0059, a volume-price trend of 5.12063 and a negative volume index of 1000.0.
VOLATILITY INDICATORS FOR MEDTRONIC PLC (NYSE:MDT): We noted an average true range of 0.93592, bolinger bands of 113.92279, an upper bollinger band of 111.37721, lower bollinger band of 113.1, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 114.15667, high band keltner channel of 113.70667, low band keltner channel of 114.60667, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 113.1, a donchian channel low band of 113.1, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.
TREND INDICATORS FOR MEDTRONIC PLC (NYSE:MDT): We calculated a Moving Average Convergence Divergence (MACD) of -0.02019, a MACD signal of -0.01122, a MACD difference of -0.00897, a fast Exponential Moving Average (EMA) indicator of 113.1, a slow Exponential Moving Average (EMA) indicator of 113.1, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.24523, a trix of 3.10794, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of -66.66667, a Detrended Price Oscillator (DPO) of -4.8987, a KST Oscillator (KST) of 45.27394 and a KST Oscillator (KST Signal) of 45.27394 (leaving a KST difference of -2.07946). We also found an Ichimoku rating of 114.685, an Ichimoku B rating of 114.685, a Ichimoku visual trend A of 110.18485, an Ichimoku visual trend B of 111.0303, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of -4.0.
MOMENTUM INDICATORS FOR MEDTRONIC PLC (NYSE:MDT): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 78.27024, a stochastic oscillator of 402.22222, a stochastic oscillator signal of 402.22222, a Williams %R rating of 302.22222 and an awesome oscillator of -0.18867.
RETURNS FOR MEDTRONIC PLC (NYSE:MDT): There was a daily return of 4.52739, a daily log return of -0.79894 and a cumulative return of -0.79576.
What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2020-01-03 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for Medtronic plc (NYSE:MDT)…
DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling Medtronic plc (NYSE:MDT) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.