Medtronic's most recent trend suggests a bullish bias. One trading opportunity on Medtronic is a Bull Put Spread using a strike $67.00 short put and a strike $62.00 long put offers a potential 14.42% return on risk over the next 18 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $67.00 by expiration. The full premium credit of $0.63 would be kept by the premium seller. The risk of $4.37 would be incurred if the stock dropped below the $62.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Medtronic is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Medtronic is bullish.
The RSI indicator is above 80 which suggests that the stock is in overbought territory.
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LATEST NEWS for Medtronic
12:02 pm Medtronic drug-coated balloon for Peripheral Artery disease also benefits patients with Diabetes in study; reinforce overall findings of IN.PACT SFA trial
Tue, 04 Nov 2014 17:02:00 GMT
Medtronic Drug-Coated Balloon for Peripheral Artery Disease Also Benefits Patients with Diabetes in Landmark Study
Tue, 04 Nov 2014 17:01:01 GMT
Thomson Reuters ONE – Consistent Outcomes Despite Common and Challenging Comorbidity Reinforce Overall Findings of IN.PACT SFA Trial LAS VEGAS — Nov. 4, 2014 — For the treatment of peripheral artery disease in leg arteries …
Medtronic of Canada Recognized as One of Canada's Top 100 Employers for 2015 – for the Fifth Year Running
Tue, 04 Nov 2014 13:06:21 GMT
noodls – Medtronic of Canada Recognized as One of Canada's Top 100 Employers for 2015 – for the Fifth Year Running Employee Engagement, Philanthropy Among Top Reasons for Selection BRAMPTON, ONTARIO – November …
CVS’s Growing Drug Business Makes Up for Quitting Tobacco
Tue, 04 Nov 2014 12:19:25 GMT
Medtronic Launches Resolute Onyx(TM) Drug-Eluting Stent Following CE Mark
Mon, 03 Nov 2014 14:52:36 GMT
noodls – First and Only DES with Novel CoreWire Technology Allows for Thinner, Stronger Struts, Enhanced Deliverability and Radiopacity without Compromising Structural Strength MINNEAPOLIS – Nov. 3, 2014 – Optimizing …
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