Trading Signals: MDT Stock Price Prediction and Forecast

^ MDT: Intraday Hourly Forecast Similar Waves GapOpen Research Timing Gains Losses Strategies Practice

Tue. Jan. 17, 2017

Trading Signals: MDT Stock Price Prediction and Forecast (Mon. Mar. 17, 2014 - Wed. Sep. 27, 2023)

(Medtronic plc)
MDT latest price $72.5284 (0.97%) ($71.1413 - $72.6527) on Tue. Jan. 17, 2017.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.58% (three month average)
RSI   71
Latest Price   $72.5284(0.97%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   MDT advances 0.5% a day on average for past five trading days.
Weekly Trend   MDT advances 2.5% a week on average for past two weeks.
Market Behavior   Value stocks sell-off for large cap. Broad based sell-off for small cap.
Correlated ETFs   Broad market will support MDT advance at 0% a week (0% probability)
IVE(69%)    IWD(69%)    SDY(67%)    SPY(66%)    SPLV(65%)
Factors Impacting MDT price   MDT will decline at least -0.79% in a week (0% probabilities).
VIXM(-19%)    UUP(-15%)    TLT(-15%)    GDXJ(-6%)    IPO(-4%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.79% (StdDev 1.58%)
Hourly BBV 0 ()
Intraday Trend 1%

5 Day Moving Average   $71.81(1%)
10 Day Moving Average   $70.39(3.04%)
20 Day Moving Average   $69.61(4.19%)
To recent high   -9.6%
To recent low   7.4%
Market Cap   $97.266b

Medtronic Plc is a medical technology company, which engages in the development, manufacture, distribution, and sale of device-based medical therapies and services. It operates through the following segments: Cardiac and Vascular Group; Minimally Invasive Technologies Group; Restorative Therapies Group; and Diabetes Group. The Cardiac and Vascular Group segment consist Cardiac Rhythm and Heart Failure, Coronary and Structural Heart, and Aortic and Peripheral Vascular divisions. The Minimally Invasive Technologies Group segment comprises Surgical Innovations and Respiratory, Gastrointestinal, and Renal divisions. The Restorative Therapies Group contains Spine, Brain, Specialty Therapies, and Pain Therapies divisions. The Diabetes Group segment focuses in the development, manufacturing, and marketing of products and services for the management of Type I and Type II diabetes. The company was founded in 1949 and is headquartered in Dublin, Ireland.

$. MDT price fluctuates within 2.26% (three month std-dev: 1.58%) daily (68% of days).

Sample size 0 Average positive next day return: 0%(0%) Average negative next day return: 0%(0%) Sample size 0 Average positive next three day return: 0%(0%) Average negative next three day return: %(0%) Sample size 0 Average positive next weekly return: 0%(0%) Average negative next weekly return: 0%(0%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20170217

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Jan_17_2017	75.98	69.61	70.39	71.81			72.53(0.97%)	UT	OpenLong	75	0.5	30	-10000	7	98	7.08	42%	-0.21	37.2	1.58%	0	1.9	71	0
2	Jan_13_2017	76.14	69.46	69.95	71.43			71.83(-0.03%)	UD	OpenLong	75	0.3	28	-10000	8	87	5.46	42%	-0.13	39.8	1.56%	0	1.7	70	0
3	Jan_12_2017	76.24	69.33	69.6	71.01			71.85(0.9%)	UT	OpenLong	75	0.7	31	-10000	15	78	6.46	42%	-0.13	38	1.56%	0	2	71	0
4	Jan_11_2017	76.34	69.21	69.26	70.19			71.21(-0.61%)	UD	OpenLong	75	0.9	21	-10000	11	51	7.48	39%	-0.16	28	1.56%	0	1.8	64	0
5	Jan_10_2017	76.46	69.14	68.99	69.58			71.65(1.46%)	UT	OpenLong	75	2.1	19	-10000	15	29	7.68	39%	-0.16	22.4	1.61%	0	2.5	60	0

6	Jan_9_2017	76.58	69.03	68.67	68.76			70.62(1.3%)	N/A	N/A	0	2.2	6	-10000	9	-2	9.67	39%	-0.16	5.8	1.6%	0	1.9	52	0
7	Jan_6_2017	76.7	68.92	68.45	68.26			69.71(2.88%)	DP	OpenShort	-65	1.9	-3	-10000	5	-26	8.99	39%	-0.17	-10	1.59%	0	1	46	0
8	Jan_5_2017	76.83	68.86	68.31	68.01			67.76(-0.62%)	DT	OpenShort	-75	-0.3	-14	-10000	-4	-45	6.22	34%	-0.19	-23.9	1.54%	0	-1.5	27	0
9	Jan_4_2017	76.98	68.91	68.43	68.2			68.18(0.93%)	DP	OpenShort	-75	-0	-12	-10000	-2	-43	7.81	34%	-0.19	-26.5	1.54%	0	-1	29	0
10	Jan_3_2017	77.13	68.92	68.55	68.29			67.54(-0.87%)	DT	HoldShort	-65	-1.1	-15	-10000	-5	-46	11.13	34%	-0.27	-38.4	1.53%	0	-2	15	0

11	Dec_30_2016	77.34	68.98	68.78	68.55			68.14(-0.43%)	DT	OpenShort	-75	-0.7	-11	-10000	-2	-37	5.63	36%	-0.21	-54.4	1.53%	0	-1.4	27	0
12	Dec_29_2016	77.5	68.99	68.95	68.55			68.43(-0.38%)	DT	OpenShort	-75	-0.4	-7	-10000	0	-27	3.89	34%	-0.18	-79.5	1.54%	0	-0.9	52	0
13	Dec_28_2016	77.64	69.05	69.08	68.65			68.69(0.06%)	DP	OpenShort	-75	0.1	-6	-10000	-1	-22	5.58	34%	-0.19	-85.1	1.55%	0	-0.6	53	0
14	Dec_27_2016	77.79	69.1	69.18	68.69			68.65(-0.25%)	DT	OpenShort	-75	-0.1	-6	-10000	-3	-16	3.26	34%	-0.23	-128.9	1.55%	0	-0.7	54	0
15	Dec_23_2016	77.97	69.18	69.33	68.86			68.83(0.29%)	DP	OpenShort	-75	-0	-4	-10000	-4	-2	3.12	33%	-0.18	-122.6	1.55%	0	-0.4	60	0

16	Dec_22_2016	78.11	69.32	69.42	69.07			68.63(0.22%)	N/A	N/A	0	-0.5	-1	-10000	-5	11	5.85	33%	-0.17	-145.2	1.54%	0	-0.8	54	0
17	Dec_21_2016	78.24	69.48	69.43	69.31			68.47(-0.6%)	UD	OpenLong	65	-0.8	1	-10000	-5	20	7.62	33%	-0.19	-137.3	1.55%	0	-1	54	0
18	Dec_20_2016	78.39	69.56	69.47	69.56			68.88(-0.9%)	UD	OpenLong	65	-0.7	4	-10000	-3	25	6.85	33%	-0.18	-161.2	1.56%	0	-0.7	45	0
19	Dec_19_2016	78.53	69.91	69.45	69.73			69.51(-0.49%)	UD	OpenLong	65	-0.1	5	-10000	-2	25	4.59	33%	-0.18	-84.7	1.56%	0	-0.2	46	0
20	Dec_16_2016	78.67	70.25	69.33	69.85			69.85(0.03%)	UT	OpenLong	75	0	5	-10000	0	19	9.97	33%	-0.16	-66.8	1.56%	0	-0.2	43	0

21	Dec_15_2016	78.8	70.61	69.19	69.83			69.83(0.19%)	UT	OpenLong	75	0	5	-10000	5	4	6.24	35%	-0.16	-57.4	1.56%	0	-0.3	33	0
22	Dec_14_2016	78.93	70.94	69.04	69.57			69.7(-0.1%)	DP	OpenShort	-65	0	-3	-10000	4	-23	5.44	35%	-0.18	-57.5	1.57%	0	-0.4	30	0
23	Dec_13_2016	79.07	71.25	69	69.36			69.77(-0.46%)	DP	OpenShort	-65	0.1	-5	-10000	4	-33	6.63	34%	-0.15	-61.4	1.57%	0	-0.4	49	0
24	Dec_12_2016	79.19	71.5	69	69.12			70.09(0.49%)	DP	OpenShort	-65	0.3	-13	-10000	7	-73	6.14	36%	-0.16	-68.9	1.57%	0	-0.4	28	0
25	Dec_9_2016	79.32	71.87	68.99	68.74			69.75(1.78%)	DP	OpenShort	-65	0.3	-25	-10000	5	-116	7.16	35%		-68	1.59%	0	-0.6	26	0
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

Click to see actual return for next trading day.