Here’s whether Medtronic plc (MDT) is worth buying in 2026 —
based on weekly-updated price trend, RSI momentum, and return vs.
the S&P 500. Our current read: Bearish.
🔴
Bearish
Positives: RSI 54 — healthy momentum range. Concerns: trading below the 200-day MA (long-term downtrend); below the 50-day MA (medium-term momentum negative); 50-day MA is falling (-1.83% over 10 days); 3-month momentum negative (-9.1%). Currently 24.6% off its 52-week high. Score: -4/7.
MDT is trading below its 200-day MA ($92.17) — a key warning sign the longer-term trend is under pressure. An RSI of 54.5 sits in the neutral zone — momentum is neither stretched nor exhausted. The 1-year return of -9.4% compares to +22.9% for SPY (trailed the market by 32.2%). The current 24.6% drawdown from the 52-week high reflects elevated risk for momentum-based strategies.
$10,000 invested 1 year ago→ $9,063 today
vs. S&P 500 (SPY) — same period trailed market by 32.2%
1-Year Price Chart
Daily candles
MA-50MA-200UpDown
Signal Check
✗Above 200-day MA ($92.17)
✗Above 50-day MA ($80.71)
✓RSI(14) neutral zone (30–70) — currently 54.5
✗Positive return (-9.4%)
!Within 10% of period high (−24.6%)
Period Range $80.20
$73.31$106.33
RSI (14) 54.5
0 · OversoldOverbought · 100
Key Metrics
Price$80.20
Period Return-9.4%
Period High$106.33
Period Low$73.31
Drawdown−24.6%
MA-50$80.71
MA-200$92.17
RSI (14)54.5
Avg Volume (30d)11.2M
vs. SPYtrailed by 32.2%
Return Rank#786 of 1246
Trend Signals
Price is below the 200-day moving average ($92.17)