MedtronicMDT

Medtronic (MDT) chart patterns, support & resistance & technical analysis

Auto-detected technical analysis for MDT · data as of Aug 28, 2026. The chart above is live; the read below updates daily.

$91.23last close · Aug 28, 202652-week range $73.31 – $106.33 · 14.2% below the high

MDT rising wedge pattern

MDT is currently forming a rising wedge on the daily timeframe. Detected Aug 28, 2026.

A rising wedge usually breaks lower, but MDT is breaking higher out of it instead — a notably bullish turn. A breakout projects a measured-move target near $96.49 (+8.8%).

DirectionBullishTarget$96.49Projected move+8.8%Breakout level$89.48

New to this pattern? What a rising wedge is and how to trade it →

MDT's most recent triangle trade

MDT's most recent completed triangle resolved as a win: it broke higher on Jul 27, 2026 near $84.92, then reached its target at $91.08 on Aug 26, 2026 — a 7.3% move (+1.81R) over 22 sessions. Across 174,297 backtested triangles, this setup wins 40.8% of the time.

OutcomeWinResult+7.3%R+1.81REntry$84.92Exit$91.08

Learn about triangle

MDT pattern trade history

Every completed pattern trade our nightly backtest found on MDT's daily chart, newest first — wins and losses alike.

Pattern	Entry	Exit	Outcome	Result
Triangle	Jul 27, 2026 @ $84.92	Aug 26, 2026 @ $91.08	Win	+7.0% · +1.81R
Falling wedge	Jul 2, 2026 @ $81.52	Aug 26, 2026 @ $91.08	Win	+8.3% · +2.83R
Triangle	Feb 17, 2026 @ $95.88	Mar 20, 2026 @ $85.86	Win	+11.7% · +1.04R
Rising wedge	Oct 23, 2025 @ $94.49	Oct 31, 2025 @ $90.40	Win	+4.3% · +1.49R
Rising wedge	Oct 23, 2025 @ $94.91	Oct 31, 2025 @ $90.64	Win	+4.5% · +1.84R
Rising wedge	Oct 1, 2025 @ $93.23	Oct 3, 2025 @ $95.98	Loss	+3.6% · -1.00R
Rising wedge	Sep 25, 2025 @ $94.32	Oct 1, 2025 @ $92.51	Win	+1.9% · +1.09R
Triangle	Sep 4, 2025 @ $94.26	Oct 13, 2025 @ $95.70	Win	+3.6% · +0.51R
Rising wedge	Aug 19, 2025 @ $87.83	Aug 20, 2025 @ $93.32	Loss	+7.2% · -1.00R
Rising wedge	Aug 1, 2025 @ $89.60	Aug 11, 2025 @ $93.10	Loss	+6.9% · -1.00R
Rising wedge	Jul 31, 2025 @ $90.39	Aug 11, 2025 @ $93.10	Loss	+7.2% · -1.00R
Triangle	Jul 10, 2025 @ $89.99	Oct 13, 2025 @ $95.70	Win	+7.3% · +2.12R

Rising wedge examples on other charts

Historical examples from the published simulation. This selection is not a win-rate sample.

LYVLive Nation Entertainment

Losing trade · −2.6%

Opened Aug 18, 2026

Closed Aug 26, 2026

Open LYV’s live chart →

CNXCConcentrix

Losing trade · −12.1%

Opened Aug 13, 2026

Closed Aug 24, 2026

Open CNXC’s live chart →

RHRh

Winning trade · +18.6%

Opened Aug 17, 2026

Closed Aug 24, 2026

Open RH’s live chart →

Open LLY’s live chart →

Learn about rising wedge

MDT support and resistance levels

Price found a floor near $80.10 about 6 weeks ago and has been climbing since. On the weekly chart, the next ceiling overhead sits near $121.54 — still about 33% away.

Traders commonly watch $121.54 as a target (its 78.6% extension) — think of it as a sensible next stop, not a guarantee.
That ceiling is the first place the climb might pause — worth watching how price behaves as it gets there.
There's nothing to act on here — the spot to watch was the $80.10 floor about 6 weeks ago, when price bounced there, but price has already pulled higher. What's left is the climb playing out, not a fresh starting point.

MDT recent daily prices

Date	Open	High	Low	Close
Aug 28, 2026	$90.29	$91.56	$89.94	$91.23
Aug 27, 2026	$91.50	$91.61	$89.96	$89.97
Aug 26, 2026	$91.08	$92.53	$90.75	$92.02
Aug 25, 2026	$92.28	$92.82	$91.11	$91.14
Aug 24, 2026	$93.43	$94.05	$92.66	$92.90
Aug 21, 2026	$92.57	$93.55	$91.73	$93.35
Aug 20, 2026	$93.37	$94.53	$92.23	$92.30
Aug 19, 2026	$92.38	$94.72	$91.95	$94.13
Aug 18, 2026	$92.00	$93.09	$91.47	$92.09
Aug 17, 2026	$90.89	$91.79	$90.08	$90.60

MDT frequently asked questions

What chart pattern is MDT forming right now?

As of Aug 28, 2026, TradingPal's detector identifies a rising wedge on Medtronic (MDT) on the daily chart, with a measured-move target of $96.49.

Is a rising wedge bullish or bearish?

The rising wedge detected on MDT is a bullish pattern, projecting a measured-move target of $96.49. See its full backtested track record above — that's the real edge, not the textbook label.

What is the price target if MDT's pattern breaks out?

The detected rising wedge has a geometry-based measured-move target of $96.49 (pattern height projected from the breakout). This is a technical target, not a recommendation.

What was MDT's closing price on Aug 28, 2026?

Medtronic (MDT) last closed at $91.23 on Aug 28, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.