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Next Resistance Level for Medtronic Plc (MDT) is $110.95

By Amy Schwartz

Shares of Medtronic Plc (NYSE:MDT) opened today above their pivot of $108.06 and have already reached the first level of resistance at $109.79. Should the shares continue to rise, the resistance pivots of $110.95 and $113.84 will be of interest.

Medtronic Plc (NYSE:MDT) has potential upside of 0.0% based on a current price of $0.00 and analysts' consensus price target of $91.71. The stock should find initial resistance at its 200-day moving average (MA) of $93.72 and further resistance at its 50-day MA of $102.50.

Medtronic Plc share prices have moved between a 52-week high of $109.70 and the current low of $0.00 and are currently at $0.00 per share. Over the last five market days, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 0.7%.

SmarTrend recommended that subscribers consider buying shares of Medtronic Plc on May 3rd, 2019 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $89.49. Since that recommendation, shares of Medtronic Plc have risen 21.4%. We continue to monitor MDT for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: pivot alerts medtronic plc

Ticker(s): MDT