Medtronic Plc Technical Analysis

MDT -- USA Stock  

Fiscal Quarter End: January 31, 2020  

As of the 15th of December 2019 Medtronic Plc secures Mean Deviation of 0.7407, Downside Deviation of 1.12 and Risk Adjusted Performance of 0.0332. In connection with Fundamental Indicators, Macroaxis technical analysis interface lets you check existing technical drivers of Medtronic plc as well as the relationship between them. Strictly speaking you can use this information to find out if the firm will indeed mirror its model of past prices or the prices will eventually revert. We found nineteen technical drivers for Medtronic Plc which can be compared to its peers in the industry. Please verify Medtronic plc Variance as well as the relationship between Value At Risk and Skewness to decide if Medtronic plc is priced some-what accurately providing market reflects its recent price of 113.52 per share. Given that Medtronic plc has Jensen Alpha of 0.0036, we recommend you check Medtronic Plc last-minute market performance to make sure the company can sustain itself at future point.
Target PriceAdvice# of Analysts
Medtronic plc current and past analyst recommendations published by number of research institutions as well as average analyst consensus
Medtronic Plc Analyst Advice  
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Medtronic plc Technical Analysis

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The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Normalized Average True Range is used to analyze tradable apportunities for Medtronic plc across different markets. View also all equity analysis or get more info about normalized average true range volatility indicators indicator.

Medtronic plc Trend Analysis

Use this graph to draw trend lines for Medtronic plc. You can use it to identify possible trend reversals for Medtronic Plc as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Medtronic Plc price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Medtronic Plc Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Medtronic plc applied against its price change over selected period. The best fit line has a slop of   0.09  which may imply that Medtronic plc will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 299.14, which is the sum of squared deviations for the predicted Medtronic Plc price change compared to its average price change.

Medtronic Plc December 15, 2019 Technical Indicators

Medtronic Plc December 15, 2019 Daily Price Condition

Please see also Stocks Correlation. Please also try Analyst Recommendations module to analyst recommendations and target price estimates broken down by several categories.