Medtronic’s most recent trend suggests a bullish bias. One trading opportunity on Medtronic is a Bull Put Spread using a strike $133.00 short put and a strike $128.00 long put offers a potential 18.2% return on risk over the next 13 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $133.00 by expiration. The full premium credit of $0.77 would be kept by the premium seller. The risk of $4.23 would be incurred if the stock dropped below the $128.00 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 70.21 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Medtronic
Is This Medical-Device-Making Dividend Aristocrat a Buy?
Thu, 02 Sep 2021 13:33:00 +0000
Medtronic met analysts’ consensus revenue estimate and exceeded earnings forecasts in the first quarter of its fiscal 2022.
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Wed, 01 Sep 2021 18:16:08 +0000
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Best Buy Continues to Impress; Medtronic Hits a New High
Wed, 01 Sep 2021 15:15:38 +0000
Best Buy’s (NYSE: BBY) second-quarter comps were three times higher than Wall Street was expecting. Medtronic (NYSE: MDT) shares hit a new high after strong first-quarter profits and revenue came with raised full-year guidance. In this episode of MarketFoolery, Motley Fool analyst Asit Sharma analyzes those stories and Camping World Holdings’ (NYSE: CWH) curious decision to double its quarterly dividend.
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Mon, 30 Aug 2021 20:41:54 +0000
In this article, we will take a look at the 10 notable earnings reports you don’t want to miss. You can skip our detailed analysis of these companies, and go directly to the 5 Notable Earnings Reports You Don’t Want to Miss. Top companies from the consumer cyclic, industrial, and technology sectors recently released their […]
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).
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