Is Medtronic Plc technically bullish or bearish?

Sep 20 2025 07:55 PM IST
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As of September 4, 2025, Medtronic Plc's technical trend is bullish with strong indicators, outperforming the S&P 500 in the short term but underperforming over the longer three- and five-year periods.
As of 4 September 2025, the technical trend for Medtronic Plc has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The MACD is bullish on both weekly and monthly time frames, and Bollinger Bands also indicate bullishness across the same periods. Daily moving averages are bullish, and the On-Balance Volume (OBV) is bullish as well. However, the Dow Theory shows a mildly bullish stance on both weekly and monthly time frames.

In terms of performance, Medtronic has outperformed the S&P 500 over the past week (1.42% vs. 1.05%) and month (3.00% vs. 2.33%), but underperformed over the longer terms, particularly in the 3-year (5.92% vs. 70.41%) and 5-year (-11.16% vs. 96.61%) periods.
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Our weekly and monthly stock recommendations are here
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