| Medtronic is a medical technology, services and solutions company. Co.'s four operating and reportable segments are: Cardiac and Vascular Group, which is made up of the cardiac rhythm and heart failure, coronary and structural heart, and aortic, peripheral and venous divisions; Minimally Invasive Therapies Group, which is made up of the surgical innovations and respiratory, gastrointestinal, and renal divisions; Restorative Therapies Group, which is made up of the brain therapies, spine, specialty therapies, and pain therapies divisions; and Diabetes Group, which develops, manufactures, and markets products and services for the management of Type 1 and Type 2 diabetes. |
When researching a stock like Medtronic, many investors are the most familiar with Fundamental Analysis — looking at a company's balance sheet, earnings, revenues, and what's happening in that company's underlying business. Investors who use Fundamental Analysis to identify good stocks to buy or sell can also benefit from MDT Technical Analysis to help find a good entry or exit point. Technical Analysis is blind to the fundamentals and looks only at the trading data for MDT stock — the real life supply and demand for the stock over time — and examines that data in different ways. One of those ways is to calculate a Simpe Moving Average ("SMA") by looking back a certain number of days. One of the most popular "longer look-backs" is the MDT 200 day moving average ("MDT 200 DMA"), while one of the most popular "shorter look-backs" is the MDT 50 day moving average ("MDT 50 DMA"). A chart showing both of these popular moving averages is shown on this page for Medtronic. Comparing two moving averages against each other can be a useful visualization tool: by calculating the difference between the MDT 200 DMA and the MDT 50 DMA, we get a moving average convergence divergence indicator ("MDT MACD"). The MDT MACD chart, in conjunction with the chart of the moving averages, basically helps in visualizing how the moving averages are showing convergence (moving closer together), or divergence (moving farther apart).