Trading Signals: MDT Stock Price Prediction and Forecast

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

Thu. Oct. 5, 2017

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

(Medtronic plc)
MDT latest price $77.3186 (1.12%) ($76.8227 - $77.6590) on Thu. Oct. 5, 2017.

Trend Analysis and Forecast

Average Daily Percentage Swing   0.9% (three month average)
RSI   33
Latest Price   $77.3186(1.12%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   MDT advances 0.5% a day on average for past five trading days.
Weekly Trend   MDT declines -1.2% a week on average for past two weeks.
Market Behavior   Broad based rally for large cap. Value stock rally for small cap.
Correlated ETFs   Broad market will support MDT advance at 0% a week (0% probability)
IWD(70%)    IVE(69%)    SDY(68%)    SPLV(66%)    SPY(66%)
Factors Impacting MDT price   MDT will decline at least -0.45% in a week (0% probabilities).
VIXM(-19%)    UUP(-15%)    TLT(-15%)    GDXJ(-6%)    DIA(-4%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.45% (StdDev 0.9%)
Hourly BBV 0 ()
Intraday Trend 0.2%

Resistance Level   $77.34
5 Day Moving Average   $76.25(1.4%)
10 Day Moving Average   $76.07(1.64%)
20 Day Moving Average   $77.34(-0.03%)
To recent high   -10%
To recent low   2.8%
Market Cap   $103.69b

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 1.98% (three month std-dev: 0.9%) 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

> 20171105

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	Oct_5_2017	81.11		76.07	76.25			77.32(1.12%)	DP	OpenShort	-65	0.7	-12	-10000	10	-79	6.32	37%	-0.02	-21.2	0.9%	0	-0	33	0
2	Oct_4_2017	81.13	77.34	76	75.9			76.46(0.67%)	DP	OpenShort	-65	0.4	-24	-10000	7	-117	5.74	35%	-0.05	-27.3	0.89%	0	-0.6	29	0
3	Oct_3_2017	81.17	77.38	76.08	75.66			75.96(0.08%)	DP	OpenShort	-65	0.2	-36	-10000	1	-147	5.87	35%	-0.06	-31.6	0.89%	0	-0.9	24	0
4	Oct_2_2017	81.22	77.45	76.31	75.62			75.9(0.36%)	DP	OpenShort	-65	0.2	-38	-10000	2	-159	4.31	35%	-0.06	-32.1	0.89%	0	-1	22	0
5	Sep_29_2017	81.27	77.54	76.66	75.57			75.63(0.08%)	DP	OpenShort	-75	0	-48	-10000	-9	-163	6.19	34%	-0.05	-31.6	0.89%	0	-1.3	28	0

6	Sep_28_2017	81.31	77.66	77.03	75.86			75.57(0.43%)	DP	OpenShort	-75	-0.2	-44	-10000	-8	-151	5.54	34%	-0.05	-23.9	0.89%	0	-1.5	26	0
7	Sep_27_2017	81.35	77.76	77.38	76.12			75.25(-0.68%)	DT	OpenShort	-75	-0.7	-42	-10000	-13	-128	4.8	34%	-0.06	-19.4	0.9%	0	-1.9	42	0
8	Sep_26_2017	81.4	77.87	77.78	76.57			75.76(0.13%)	DP	OpenShort	-75	-0.7	-36	-10000	-16	-96	4.79	34%	-0.06	-18.2	0.89%	0	-1.8	45	0
9	Sep_25_2017	81.45	77.94	78.17	77.11			75.66(-1.79%)	DT	OpenShort	-75	-1.3	-31	-10000	-23	-56	7.15	34%	-0.06	-21.5	0.89%	0	-2	45	0
10	Sep_22_2017	81.5	78	78.51	77.91			77.05(0.21%)	DP	OpenShort	-75	-0.8	-12	-10000	-14	-4	4.59	36%	-0.04	-20	0.87%	0	-0.9	51	0

11	Sep_21_2017	81.53	77.99	78.75	78.38			76.88(-0.79%)	N/A	N/A	0	-1.4	-2	-10000	-13	31	4.82	36%	-0.06	-25.5	0.87%	0	-1	46	0
12	Sep_20_2017	81.58	78.02	78.75	78.82			77.49(-1.27%)	UD	OpenLong	65	-1.3	6	-10000	-10	55	6.38	36%	-0.05	-33.8	0.87%	0	-0.5	54	0
13	Sep_19_2017	81.62	78.09	78.83	79.16			78.49(-1.47%)	UD	OpenLong	65	-0.6	14	-10000	-7	77	5.58	41%	-0.02	-36.2	0.86%	0	0.4	62	0
14	Sep_18_2017	81.64	78.19	78.72	79.38			79.66(0.34%)	UT	OpenLong	75	0.2	28	-10000	5	98	4.16	43%	0	-31.2	0.85%	0	1.2	72	0
15	Sep_15_2017	81.64	78.21	78.49	79.21			79.38(0.39%)	UT	OpenLong	75	0.1	24	-10000	0	97	9.56	43%	-0.01	-34.1	0.85%	0	0.9	74	0

16	Sep_14_2017	81.65	78.27	78.34	79.2			79.08(-0.16%)	UD	OpenLong	75	-0.1	37	-10000	11	115	4.46	43%	0.01	-30.6	0.85%	0	0.6	70	0
17	Sep_13_2017	81.64	78.38	78.16	78.84			79.2(-0.45%)	UD	OpenLong	75	0.2	34	-10000	12	100	4.8	43%	0	-31.4	0.85%	0	0.5	65	0
18	Sep_12_2017	81.64	78.49	77.94	78.44			79.56(0.91%)	UT	OpenLong	75	0.6	27	-10000	14	66	4.07	46%	0.02	-33.6	0.86%	0	0.6	50	0
19	Sep_11_2017	81.62	78.57	77.67	77.96			78.84(-0.57%)	UD	OpenLong	75	0.5	9	-10000	9	9	5.85	44%	0.02	-38.7	0.86%	0	0.1	37	0
20	Sep_8_2017	81.6	78.66	77.42	77.67			79.3(2.6%)	DP	OpenShort	-65	0.8	-4	-10000	8	-40	7.88	44%	0.01	-42	0.87%	0	0.3	39	0

21	Sep_7_2017	81.59	78.7	77.14	77.4			77.29(0.1%)	DT	HoldShort	-50	-0.1	-24	-10000	1	-99	3.39	37%	0	-46.2	0.8%	0	-0.7	23	0
22	Sep_6_2017	81.59	78.89	77.12	77.38			77.21(0.06%)	DT	HoldShort	-50	-0.1	-35	-10000	1	-141	3.78	37%	0	-44.4	0.8%	0	-0.8	20	0
23	Sep_5_2017	81.59	79.08	77.28	77.35			77.16(-0.29%)	DT	HoldShort	-50	-0.1	-41	-10000	2	-169	3.26	37%	0	-44.8	0.8%	0	-1	19	0
24	Sep_1_2017	81.59	79.3	77.6	77.3			77.38(-0.71%)	DP	OpenShort	-65	0	-41	-10000	6	-182	3.13	43%	0	-45.6	0.79%	0	-1	21	0
25	Aug_31_2017	81.59	79.48	77.9	77.11			77.93(0.95%)	DP	OpenShort	-65	0.4	-40	-10000	8	-185	5.66	42%		-51	0.84%	0	-0.8	31	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.