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Medtronic Plc (MDT) Crosses Pivot Point Resistance at $83.68

By Shiri Gupta

Shares of Medtronic Plc (NYSE:MDT) opened today above their pivot of $83.34 and have already reached the first level of resistance at $83.68. Should the shares continue to rise, the resistance pivots of $84.06 and $84.78 will be of interest.

Medtronic Plc share prices have moved between a 52-week high of $89.72 and the current low of $0.00 and are currently at $0.00 per share. The 200-day and 50-day moving averages have moved 0.07% higher and 0.33% higher over the past week, respectively.

There is potential upside of 0.0% for shares of Medtronic Plc based on a current price of $0.00 and an average consensus analyst price target of $91.50. Medtronic Plc shares should first meet resistance at the 200-day moving average (MA) of $75.11 and find additional resistance at the 50-day MA of $76.80.

SmarTrend is monitoring the recent change of momentum in Medtronic Plc. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Medtronic Plc in search of a potential trend change.

Keywords: pivot alerts medtronic plc

Ticker(s): MDT