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Medtronic Plc Crosses Below its 10-day MA (MDT)

By Nick Russo

Medtronic Plc (NYSE:MDT) crossed under its 10-day moving average of $107.89 on a volume of 156K shares. This may provide short-term investors a chance for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, shares of Medtronic Plc have traded between a low of $81.66 and a high of $112.05 and are now at $107.15, which is 31% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 0.4%.

SmarTrend is tracking the current trend status for Medtronic Plc and will alert subscribers who have MDT in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses medtronic plc

Ticker(s): MDT