Medtronic's most recent trend suggests a bullish bias. One trading opportunity on Medtronic is a Bull Put Spread using a strike $132.00 short put and a strike $127.00 long put offers a potential 16.55% return on risk over the next 15 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $132.00 by expiration. The full premium credit of $0.71 would be kept by the premium seller. The risk of $4.29 would be incurred if the stock dropped below the $127.00 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 at 72.06 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Medtronic
10 Notable Earnings Reports You Don’t Want to Miss
Mon, 30 Aug 2021 20:41:54 +0000
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Top Research Reports for Coca-Cola, Danaher & Medtronic
Mon, 30 Aug 2021 18:05:06 +0000
Today's Research Daily features new research reports on 16 major stocks, including The Coca-Cola Company (KO), Danaher Corporation (DHR), and Medtronic plc (MDT).
Medtronic's (MDT) Micra TPS CED Study Outcome Favorable
Mon, 30 Aug 2021 13:57:01 +0000
Medtronic's (MDT) Micra TPS new study data supports the relationship of a lower risk of complications with leadless pacing.
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Medtronic Shares Real-World Data For Micra Leadless Pacemaker
Fri, 27 Aug 2021 16:09:24 +0000
Medtronic Plc (NYSE: MDT) touted data demonstrating reductions in reinterventions and complications with its Micra pacemaker. Medtronic’s Micra Coverage with Evidence Development (CED) study showed that the Micra transcatheter pacing system (TPS) was associated with a 38% reduction in reinterventions and a 31% reduction in chronic complications at two years when compared with traditional transvenous pacemakers. The data were presented at the European Society of Cardiology (ESC) Congress 2021. Mi
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