In the weekly candle chart, below, we can see that prices made a possible high-wave candle, which can become a reversal pattern. MDT is above the rising 40-week moving average line.
The weekly OBV line is pointed up but well below the high made last September. The 12-week momentum study shows that momentum is slowing.
In this updated Point and Figure chart of MDT, below, we can see that prices reached and passed the adjusted price target of $105.02.