Article published Aug 14, 2026. Prices below use latest available snapshots.
Editorial Note: MDT at $81.32 RSI 57 has staged a notable recovery from the May 29 lows ($73.81, RSI 30.5). RSI moved from near-oversold territory (30.5) to a neutral-to-bullish 57 — a dramatic turnaround. Price is now +3.5% above SMA20 ($78.54) and 7D -2.18% suggests some recent cooling after a strong run. The 30D +5.17% confirms a genuine recovery is underway. However, 3M is still -7.3% and the stock remains -23.52% from its 52-week high — the medtech recovery thesis is showing early signs of life but full confirmation requires sustaining above SMA20. The held position (12 shares @ $97.49) remains underwater but is recovering. The stop at $83 that was breached in May is now close — the stock must hold above $81 to avoid retesting that level. Human review is still warranted on the position/stop decision given the prior breach and extent of unrealized loss.
2026-07-11 tape check: The recovery has continued and the $83 stop level is now being held ABOVE rather than tested from below — price is $83.87, RSI 60.6 (up from 57), +4.1% above SMA20 ($80.54), and 30D is now +5.35% with 3M narrowing to -3.83%. Drawdown from the 52-week high improved to -21.12%. The held position (12 shares @ $97.49) is now roughly -14% vs entry, its best mark since the May breach. Tape is confirming, not contradicting, the recovery thesis today — no divergence flag.
2026-07-17 tape check: The recovery has cooled slightly but held above the $83 stop level. MDT $83.20, RSI 56 (down from 60.6), +2.5% above SMA20 ($81.21). 7D -0.8%, 30D +5.81% (holding), 3M -1.23% (further improvement). Drawdown from 52wk high -21.75%, roughly flat vs -21.12%. The held position (12 shares @ $97.49) is roughly -15% vs entry — a slight step back from the -14% mark two weeks ago, but the stop level continues to hold from above. No divergence flag; no new fundamentals re-researched.
2026-07-25 tape check (Friday 2026-07-24 close): Essentially unchanged, still holding above the $83 stop. MDT $83.21 (flat vs $83.20), RSI 55.7 (essentially flat vs 56.0), +1.4% above SMA20 (narrowed from +2.5%). 7D +0.01% (flat, vs -0.8%), 30D +4.79% (roughly holding vs +5.81%), 3M +0.78% (flipped positive from -1.23%). Drawdown from 52wk high -22.87% (slightly worse than -21.75%). The held position (12 shares @ $97.49) is roughly -14.6% vs entry — essentially the same mark as two weeks ago. No divergence flag; no new fundamentals re-researched.
2026-07-28 tape check: A real leg higher, clearly above the $83 stop. MDT $86.88 (+4.4% vs $83.21), RSI 64.6 (up from 55.7) — now +5.5% above SMA20 (widened from +1.4%) and +8.9% above SMA50, though still -2.3% below SMA200. 7D +5.5% (a real weekly move, vs +0.01%), 30D +7.35% (extended from +4.79%), 3M +10.45% (extended from +0.78%). Drawdown from 52wk high has narrowed to -18.29% (from -22.87%) — the best reading in this file's recent history. The held position (12 shares @ $97.49) is roughly -10.9% vs entry, its best mark since the May breach. No divergence flag; no new fundamentals re-researched. 2026-07-31 tape note: MDT $85.39 (-1.72% vs $86.88), RSI 58.3 (cooled from 64.6). 7D +2.62% (decelerated from +5.50%), 30D +7.82%, 3M +7.71% (decelerated from +10.45%). From the 52-week high, the gap is -19.69% (widened from -18.29%). Per the tape: trend "weak-up", regime "downtrend", no golden cross. No new fundamentals re-researched. Per the full-scan summaries (2026-07-31 close). 2026-08-08 tape note: MDT $87.16 (+2.07% vs $85.39), RSI 62.3 (warmed from 58.3). 7D +2.07% (moderated from +2.62%), 30D +6.28% (moderated from +7.82%), 3M +15.49% (accelerated from +7.71%). From the 52-week high, the gap is -19.13% (narrowed from -19.69%). Per the tape: trend "weak-up", regime "downtrend", death cross confirmed. No new fundamentals re-researched. Per the full-scan summaries (2026-08-07 close). 2026-08-14 tape note: MDT $91.27 (+4.72% vs $87.16), RSI 71.4 (warmed from 62.3). 7D +4.72% (accelerated from +2.07%), 30D +13.42% (accelerated from +6.28%), 3M +20.94% (accelerated from +15.49%). From the 52-week high, the gap is -14.81% (narrowed from -19.13%). Per the tape: trend "up", regime "pullback", death cross confirmed. No new fundamentals re-researched. Per the full-scan summaries (2026-08-14 close).
Price Data
| Metric | Value |
|---|---|
| Price | $91.27 |
| RSI (14) | 71.4 |
| SMA20 | $86.36 (+5.7%) |
| SMA50 | $83.02 (+9.9%) |
| SMA200 | $88.56 (+3.1%) |
| Trend | up |
| Golden cross | No |
| Regime | pullback |
| 7D | +4.72% |
| 30D | +13.42% |
| 3M | +20.94% |
| From 52wk High | -14.81% |
Key Changes vs 2026-07-28
| Metric | 2026-07-28 | 2026-07-31 | Change |
|---|---|---|---|
| Price | $86.88 | $85.39 | down |
| RSI | 64.6 | 58.3 | cooled |
| vs SMA20 | +5.5% | +2.4% | narrowed |
| 7D | +5.5% | +2.6% | decelerated |
| 30D | +7.35% | +7.82% | roughly flat |
| 3M | +10.45% | +7.71% | decelerated |
| 52wkHi% | -18.29% | -19.69% | widened |
| Position vs entry | ~-10.9% | ~-10.9% | Best mark since the May breach |
Research Log
| Date | Update |
|---|---|
| 2026-04-10 | Created deep dive — held position 12 shares @ $97.49; MDT stabilizing at $87.35, RSI 44.4; stop at $83 |
| 2026-05-29 | MDT $73.81, RSI 30.5, strong-down; 30D -8.84%, 3M -24.15%, -30.58% from 52wkHi. Stop at $83 has been breached. Position is significantly underwater. No new fundamentals re-researched. |
| 2026-06-16 | MDT $81.32, RSI 57, recovering; 7D -2.18%, 30D +5.17%, 3M -7.3%; -23.52% from 52wkHi; +3.5% above SMA20 ($78.54). RSI recovery from oversold 30.5 → 57 is significant. Price has reclaimed SMA20. Stop at $83 level is now near current price — must hold. Position still -17% from $97.49 entry. Human review needed on stop/hold decision. No new fundamentals re-researched. |
| 2026-07-11 | MDT $83.87, RSI 60.6, weak-up; 7D +2.16%, 30D +5.35%, 3M -3.83%; -21.12% from 52wkHi; +4.1% above SMA20 ($80.54). Price now holding above the $83 stop level rather than testing it from below. Position ~-14% vs $97.49 entry, best mark since the May breach. No new fundamentals re-researched. |
| 2026-07-17 | MDT $83.20, RSI 56.0, weak-up; 7D -0.8%, 30D +5.81%, 3M -1.23%; -21.75% from 52wkHi; +2.5% above SMA20 ($81.21). Stop level continues to hold from above. Position ~-15% vs $97.49 entry. No new fundamentals re-researched. |
| 2026-07-25 | MDT $83.21, RSI 55.7, weak-up; 7D +0.01%, 30D +4.79%, 3M +0.78% (flipped positive); -22.87% from 52wkHi; +1.4% above SMA20 ($82.03). Stop level continues to hold from above. Position ~-14.6% vs $97.49 entry. No new fundamentals re-researched. |
| 2026-07-28 | MDT $86.88, RSI 64.6, weak-up; 7D +5.5%, 30D +7.35%, 3M +10.45%; -18.29% from 52wkHi (best mark yet); +5.5% above SMA20, +8.9% above SMA50. Position ~-10.9% vs $97.49 entry, best mark since the May breach. No new fundamentals re-researched. |
| 2026-07-31 | MDT $85.39, RSI 58.3, weak-up; 7D +2.62%; 30D +7.82%; 3M +7.71%; -19.69% from 52wk high. No new fundamentals re-researched. |
| 2026-08-08 | MDT $87.16, RSI 62.3, weak-up; 7D +2.07%; 30D +6.28%; 3M +15.49%; -19.13% from 52wk high. No new fundamentals re-researched. |
| 2026-08-14 | MDT $91.27, RSI 71.4, up; 7D +4.72%; 30D +13.42%; 3M +20.94%; -14.81% from 52wk high. No new fundamentals re-researched. |
Sources
- Tape data (price/RSI/SMA/returns): full-scan pre-computed summaries as of the 2026-07-31 close — *.
- Prior-cycle history: this file's dated update log (refreshed each full scan).