MDT Stock Price Prediction

Medtronic PLC

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83.620

+0.460(+0.550%)

Overview
Forecast
Valuation

Should I Buy Medtronic PLC Stock?

Based on our evaluation of the five key dimensions—Technical Signals, Moving Average trends, Short Sell Data, Similar Chart Pattern Matching and Seasonality Analysis—we have identified the following insights. MDT has several positive signals and is within a rising trend, so we believe it will perform strongly in the next couple of days or weeks. We therefore hold a positive evaluation of this stock. Our analysis conclusion for this stock is a Strong Buy candidate.

MDT stock price ended at $83.62 on Thursday, after rising 0.55%

The Medtronic PLC stock price increased by 0.55% on the last trading day (08 May 2025), rising from 83.47 to 83.62. Throughout the last trading session, the stock experienced a fluctuation of 1.71% , ranging from a day low of $83.16 to a day high of 84.5799. The price has declined in 5 of the last 10 days, resulting in a total change of -0.81% during this period. On the last day, trading volume increase by -1.30M shares, with the rising prices. This could serve as an early warning, indicating that risk may slightly increase in the coming days. In total, 6.25M shares were traded, amounting to approximately 523.32M.

MDT Technical Signals

MDT(Medtronic PLC Corp) has 3 buy signals and 3 sell signals now. The current trend is consolidation starting from 2025-04-29. The total price change during this trend is -1.16%. Recently, the price has increased but the volume has decreased, indicating a potential warning signal. The average turnover of MDT over the last 5 trading days is 566.97M. Overall, the technical indicator signals lean more toward a Neutral outlook in the mid-term.

MDT Moving Average Analysis

Medtronic PLC's overall moving average trend leans more bullish as of Friday, May 9, 2025, with 1 negative signals and 3 positive signal. In the mid-term, the SMA_20 being below the SMA_60 signals a strong bearish trend. There will be some resistance from the lines at $85.58444842239999, and $86.81066910999999. A break-up above any of these levels will issue buy signals. There will be some support from the lines at $81.6168861976, and $80.39066550999999. A break-down below any of these levels will issue sell signals.

MDT Short Selling Analysis

The short sale ratio of Medtronic PLC(MDT) as of 07 May 2025 is 7.96%, dropping from last trading day. With decreasing price from 82.32 to 83.16. The short sell activity indicate that short sellers may be experiencing short cover.

Technical Signal

Technical Signals Summary

Neutral

Sell

Buy

Moving Average

Swing

Positive

Stock Price Above SMA_5

Short Term

Positive

SMA_5 Above SMA_20

Mid Term

Negative

SMA_20 Below SMA_60

Long Term

Positive

SMA_60 Above SMA_200

Short Selling

Close Price

Short Sale Ratio

Short Sale Volume

3 Bullish Signals

When Value satisfies Signal, Indicator signals Bullish

Indicators

Signal

Value

Meaning

Moving Average

Price crosses above 5-day SMA

Bullish

Moving Average

Price crosses above 20-day SMA

Bullish

Moving Average

5-day SMA crosses above 20-day SMA

Bullish

3 Bearish Signals

When Value satisfies Signal, Indicator signals Bearish

Indicators

Signal

Value

Meaning

Awesome Oscillator (5, 34)

AO_5_34 < 0

-1.425

Bearish

Momentum (10 days)

MOM_10 < 0

-0.68

Bearish

Moving Average Convergence Divergence (12, 26, 9)

MACD_12_26_9 < 0

-0.827

Bearish

MDT Price Prediction & Forecast by Similar Chart Analysis

Based on historical patterns and backtesting of stocks with similar movements to Medtronic PLC(MDT), our algorithm predicts MDT's 1-month price at $85.23, with an 0.45%upwardshift. Using a similarity score up to 96.94%and other factors, This forecast updates weekly, adjusting for significant deviations.

Similar Chart

The price prediction chart for Medtronic PLC (MDT.N) stock, as of Sunday, May 4, 2025 , forecasts a 0.45% change over the next month, based on its high correlation with MMSI.O stock patterns. The similarity between their price movements over the analyzed periods is 96.94%. The right panel lists other stocks with similar price patterns. This prediction is updated every week.

MDT

Future prediction

Up: 0.45%

MMSI

Up: 0.45%Similarity: 96.94%

Name

Similarity

Up/Down

MMSI.O

96.94%

+0.45%

SPB.N

96.23%

-0.50%

RRC.N

96.16%

+4.91%

COMM.O

96.09%

+65.70%

MATX.N

95.99%

-2.55%

WEX.N

95.90%

+1.82%

PFG.O

95.89%

+2.62%

JOUT.O

95.88%

-7.46%

TRMB.O

95.86%

-4.91%

CARG.O

95.81%

-11.86%

MDT Seasonality Analysis

Based on MDT's historical stock price data across all years, the probability of a positive return in May is63.64%, suggesting it maybe an ideal month to invest in MDT. In contrast,Julyoffers the highest probability of positive returns at90.00%, making it a potentially strong month for investment.

However, this is only a prediction based on one method, and a comprehensive assessment of the stock's future trend should consider additional factors. Our final stock price commentary incorporates three main evaluation dimensions: technical signals, Moving Average trends, and similar chart pattern matching, with the first two dimensions carrying the primary weight to ensure a more robust and accurate forecast.

Monthly Seasonality

The radar chart shows that buying Medtronic PLC (MDT.N) stock in July has the highest probability of a positive return (90.00%), while September has the lowest probability (30.00%).

Performance Seasonality

The chart shows Medtronic PLC. (MDT)'s annual stock price return for the past three years, helping you analyze price trends and identify recurring trends on an annual basis.