Is Medtronic Plc technically bullish or bearish?
As of October 24, 2025, Medtronic Plc's technical trend is mildly bullish, supported by positive MACD and moving averages, but recent performance shows underperformance against the S&P 500, suggesting caution despite year-to-date outperformance.
As of 24 October 2025, the technical trend for Medtronic Plc has changed from bullish to mildly bullish. The weekly and monthly MACD indicators are bullish, while the Bollinger Bands show a mildly bullish stance in both time frames. The daily moving averages also indicate a mildly bullish trend. However, the Dow Theory presents a mixed view with a mildly bearish signal on the weekly chart and a mildly bullish signal on the monthly chart. In terms of performance, Medtronic has underperformed the S&P 500 over the past week and month, with returns of -2.20% and -2.16% respectively, compared to the S&P 500's gains of 1.92% and 2.32%. However, year-to-date, Medtronic has outperformed the S&P 500 with a return of 17.26% versus 15.47%. Overall, the technical stance is mildly bullish, but the recent performance suggests caution.
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