Medtronic (MDT) Chart Patterns, Support & Resistance & Technical Analysis
Auto-detected technical analysis for MDT · data as of Jun 25, 2026. The chart above is live; the read below updates daily.
$80.52last close · Jun 25, 2026
MDT Falling Wedge Pattern
No chart pattern is currently detected on MDT. The most recent was a Falling Wedge, detected Mar 3, 2026.
A Falling Wedge is a breakdown that suggests the recent run may be rolling over. It projects a measured-move target near $87.21 (−9.3%). Across 13,048 backtested falling wedges, the setup followed through 53.9% of the time, averaging +0.38R; MDT's own falling wedges have hit 64.9%.
MDT's most recent completed Falling Wedge resolved as a win: it broke down on Mar 4, 2026 near $95.60, then reached its target at $87.21 on Mar 13, 2026 — a +2.65R move (8.8%) over 7 sessions. Across 165 backtested falling wedges, this setup wins 55.8% of the time.
OutcomeWinResult+2.65REntry$95.60Exit$87.21
How Falling Wedges have performed
Win rate
53.9%
Avg return
+0.38R
Backtested trades
13,048
MDT win rate
64.9%
Historical pattern statistics (1986-12-19 – 2026-06-10), not a prediction.
MDT support and resistance levels
Price found a floor near $73.45 about 3 weeks ago and has been climbing since. On the weekly chart, the next ceiling overhead sits near $105.50 — still about 30% away.
Traders commonly watch $105.50 as a target (its 100% 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.
Nothing here is a signal to act — the long would have set up at the $73.45 floor about 3 weeks ago, when price bounced there, but price has already pulled higher. What's left is the climb playing out, not a fresh entry.
Nearest auto-detected support sits near $75.16, resistance near $103.66. These are chart/swing-derived levels, not formula pivots.
No pattern is currently detected on MDT. The most recent was a Falling Wedge, detected Mar 3, 2026.
Is a Falling Wedge bullish or bearish?
The Falling Wedge detected on MDT is a bearish pattern, projecting a measured-move target of $87.21. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a Falling Wedge pattern, and what is its win rate?
Across TradingPal's backtest of the Falling Wedge family (13,048 trades over 516 symbols), it resolved in the expected direction 53.9% of the time with an average of +0.38R. These are historical statistics, not a prediction.
What are the support and resistance levels for MDT?
Based on auto-detected, swing-derived levels (as of Jun 25, 2026), MDT's nearest support is around $75.16 and nearest resistance around $103.66.
What is the price target if MDT's pattern breaks out?
The detected Falling Wedge has a geometry-based measured-move target of $87.21 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was MDT's closing price on Jun 25, 2026?
Medtronic (MDT) last closed at $80.52 on Jun 25, 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.
Go Premium
Account
2Payment
3Done
TradingPal Premium
Unlock the full market
Everything TradingPal can do — for less than the price of a single bad trade.
Unlock the full market screener — every stock scanned for tradeable chart patterns
See every ticker's full track record — win rate, expected R, max drawdown
Alerts so you never miss a breakout, bounce, or reversal