Auto-detected technical analysis for MDT · data as of Aug 4, 2026. The chart above is live; the read below updates daily.
MDT is currently forming a rising wedge on the daily timeframe. Detected Aug 4, 2026.
A rising wedge is a breakdown that suggests the recent run may be rolling over. A breakout projects a measured-move target near $89.76 (−4.8%). Across 9,519 backtested rising wedges, the setup followed through 50.0% of the time, averaging +0.19R; MDT's own rising wedges have hit 38.5%.
New to this pattern? What a rising wedge is and how to trade it →
MDT's most recent completed triangle resolved as a loss: it broke down on Jun 30, 2026 near $80.01, then was stopped out at $83.19 on Jul 2, 2026 — a -1.29R move (4.0%) over 2 sessions. Across 198 backtested triangles, this setup wins 54.5% of the time.
Historical pattern statistics (2006-08-04 – 2026-08-04), not a prediction.
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 | Jun 30, 2026 @ $80.01 | Jul 2, 2026 @ $83.19 | Loss | -1.29R |
| Rising Wedge | Sep 15, 2025 @ $93.58 | Sep 17, 2025 @ $94.58 | Loss | -1.30R |
| Triangle | Sep 9, 2025 @ $93.28 | Oct 10, 2025 @ $95.45 | Win | +0.38R |
| Triangle | Sep 2, 2025 @ $93.00 | Oct 10, 2025 @ $95.45 | Win | +0.45R |
| Rising Wedge | Jul 31, 2025 @ $91.42 | Aug 20, 2025 @ $93.22 | Loss | -1.07R |
| Triangle | Aug 15, 2024 @ $82.56 | Sep 16, 2024 @ $90.11 | Win | +4.24R |
| Triangle | Jun 14, 2024 @ $80.60 | Aug 16, 2024 @ $84.60 | Loss | -1.10R |
| Falling Wedge | Sep 12, 2023 @ $81.58 | Sep 27, 2023 @ $78.22 | Loss | -1.26R |
| Triangle | Jul 31, 2023 @ $87.62 | Sep 6, 2023 @ $80.01 | Win | +2.25R |
| Triangle | Jul 18, 2023 @ $86.13 | Jul 20, 2023 @ $89.35 | Loss | -1.46R |
| Triangle | Apr 5, 2023 @ $80.28 | May 4, 2023 @ $89.27 | Win | +3.02R |
| Triangle | Feb 23, 2023 @ $83.58 | Mar 10, 2023 @ $77.86 | Win | +1.90R |
Price found a floor near $80.03 about 3 weeks ago and has been climbing since. On the weekly chart, the next ceiling overhead sits near $121.54 — still about 41% away.
Nearest auto-detected support sits near $80.03, resistance near $105.45. These are chart/swing-derived levels, not formula pivots.
| Date | Open | High | Low | Close |
|---|---|---|---|---|
| Aug 4, 2026 | $85.49 | $86.24 | $84.95 | $86.20 |
| Aug 3, 2026 | $86.81 | $87.89 | $85.81 | $86.68 |
| Jul 31, 2026 | $85.33 | $85.97 | $83.84 | $85.39 |
| Jul 30, 2026 | $86.40 | $86.99 | $85.08 | $85.71 |
| Jul 29, 2026 | $86.54 | $88.69 | $86.32 | $87.54 |
| Jul 28, 2026 | $86.22 | $88.98 | $86.15 | $86.88 |
| Jul 27, 2026 | $83.51 | $85.14 | $83.21 | $84.22 |
| Jul 24, 2026 | $82.87 | $83.60 | $82.41 | $83.21 |
| Jul 23, 2026 | $81.74 | $82.86 | $81.50 | $82.01 |
| Jul 22, 2026 | $82.96 | $83.10 | $81.52 | $81.89 |
Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.