Medtronic's most recent trend suggests a bearish bias. One trading opportunity on Medtronic is a Bear Call Spread using a strike $75.00 short call and a strike $80.00 long call offers a potential 10.13% return on risk over the next 33 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $75.00 by expiration. The full premium credit of $0.46 would be kept by the premium seller. The risk of $4.54 would be incurred if the stock rose above the $80.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Medtronic is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Medtronic is bearish.
The RSI indicator is at 44.35 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Medtronic
Medtronic (MDT) Launches 2 CRT Quadripolar Leads in US
Mon, 15 Dec 2014 18:20:03 GMT
Medtronic Launches NovaShield(TM) Injectable Nasal Packing and Stent for Functional Endoscopic Sinus Surgery (FESS)
Mon, 15 Dec 2014 14:18:50 GMT
noodls – Medtronic Launches NovaShield(TM) Injectable Nasal Packing and Stent for Functional Endoscopic Sinus Surgery (FESS) NovaShield(TM) Offers Convenient Tool to Control Minimal Bleeding, Prevent Adhesions, …
Will Medtronic's Endurant AAA Stent Graft Last Long?
Fri, 12 Dec 2014 18:40:02 GMT
Chilton starts new position in Medtronic
Fri, 12 Dec 2014 17:00:29 GMT
Medtronic's China Ambitions
Thu, 11 Dec 2014 22:44:00 GMT
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