- The price is currently hovering near the upper band, which suggests the stock may be experiencing some upward momentum.
- Support: Around $87, where the price found buyers recently after a pullback.
- Resistance: Immediate resistance is near $91.50, which is the high from a recent candle.
- The middle line of the Bollinger Bands appears to be a 20-period simple moving average (SMA). The price is above this line, suggesting a short-term uptrend is intact.
- The stock has rebounded from the lower band earlier in September and has been on a gradual rise, indicating buyers stepping in after the dip.
- Over the past month, MDT has shown bullish momentum, but the recent pause near the upper Bollinger Band indicates that the stock could face resistance at this level.
- The stock is currently in an uptrend, but the possibility of a short-term pullback exists if the price cannot break above the current resistance zone.
- MDT is in a short-term uptrend, as indicated by the price trading above the middle Bollinger Band and the recent rally. The next critical level to watch is the resistance around $91.50. A breakout above this could see the stock moving higher, while a failure could lead to a pullback towards the $87 support level. Monitoring the Bollinger Band for any squeeze or expansion can provide clues on future volatility.
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
➀➁➂➃➄
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.