Medtronic's most recent trend suggests a bullish bias. One trading opportunity on Medtronic is a Bull Put Spread using a strike $66.00 short put and a strike $61.00 long put offers a potential 20.19% return on risk over the next 25 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $66.00 by expiration. The full premium credit of $0.84 would be kept by the premium seller. The risk of $4.16 would be incurred if the stock dropped below the $61.00 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 53.34 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Medtronic
Medtronic Begins Global Clinical Study of Investigational Pericardial Surgical Aortic Heart Valve
Tue, 28 Oct 2014 13:13:41 GMT
noodls – MINNEAPOLIS – October 28, 2014 – Medtronic, Inc. (NYSE: MDT) today announced it has initiated the PERIGON (PERIcardial SurGical AOrtic Valve ReplacemeNt) Pivotal Trial, a global, prospective clinical trial …
Medtronic Begins Global Clinical Study of Investigational Pericardial Surgical Aortic Heart Valve
Tue, 28 Oct 2014 13:02:02 GMT
Thomson Reuters ONE – MINNEAPOLIS – October 28, 2014 – Medtronic, Inc. (NYSE: MDT) today announced it has initiated the PERIGON ( PERI cardial Sur G ical A O rtic Valve Replaceme N t) Pivotal Trial, a global, prospective clinical …
Unexpected Obamacare boost
Mon, 27 Oct 2014 18:41:00 GMT
EU mergers and takeovers (Oct 27)
Mon, 27 Oct 2014 14:53:49 GMT
Reuters – UK Focus – The following are mergers under review by the European Commission and a brief guide to the EU merger process: APPROVALS AND WITHDRAWALS — Dolby Laboratories to acquire digital cinema equipment maker Doremi …
Edwards Lifesciences Hits New High On Q3 Earnings
Fri, 24 Oct 2014 16:29:00 GMT
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