Current Price
Open: $92.52
Day Range: $92.02 - $93.18
Volume: 5.5M
Trading Levels
Entry (Breakout): $93.10
Take Profit Target: $95.52
Stop Loss: $88.25
Box Height: $4.85
Box Type: 50MA
Squeeze: MILD SQUEEZE
Key Statistics
Market Cap: $119.2B
P/E Ratio: 25.77
Dividend Yield: 3.05%
52W Low: $79.29
52W High: $96.25
Avg Volume: 7.8M
Price Chart (Last 6 Months)
Company Profile
Sector
Healthcare
Industry
Medical Devices
Employees
95,000
Business Summary
Medtronic plc develops, manufactures, and sells device-based medical therapies to healthcare systems, physicians, clinicians, and patients in the United States, Ireland, and internationally. The Cardiovascular Portfolio segment offers implantable cardiac pacemakers, cardioverter defibrillators, and cardiac resynchronization therapy devices; cardiac ablation products; insertable cardiac monitor systems; TYRX products; and remote monitoring and patient-centered software. It also provides aortic va...
Trading Strategy
Entry Signal: This stock is showing a 50MA breakout pattern. Consider entering a long position if price breaks above $93.10with volume confirmation.
Take Profit: Target price is $95.52, which is the breakout level plus the box height ($4.85).
Stop Loss: Place stop loss below $88.25to limit downside risk.
Risk/Reward: Box height of $4.85 provides favorable risk/reward when combined with proper position sizing.