RESMED INC (RMD)
US7611521078 - Common Stock
We assign a technical rating of 8 out of 10 to RMD. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, RMD is only an average performer.
The long and short term trends are both positive. This is looking good!
RMD is part of the Health Care Equipment & Supplies industry. There are 192 other stocks in this industry. RMD outperforms 74% of them.
RMD is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so RMD is lagging the market slightly.
In the last month RMD has a been trading in the 178.49 - 222.96 range, which is quite wide. It is currently trading near the high of this range.
RMD has an average volume of 1134360 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, RMD outperforms 59% of them, which is more or less in line with the market.
Considerably lower volume is observed in the last couple of days.
RMD has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 218.58. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 216.96, a Stop Loss order could be placed below this zone.
More info and screens
168.51
244.22
When analyzing the support we can see 5 important areas.
- A support zone ranging from 210.03 to 216.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @185.92 from a trend line in the weekly time frame.
- Support @181.20 from a trend line in the daily time frame.
- Support @173.72 from a horizontal line in the daily time frame.
- Support @170.21 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 218.58 to 220.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @241.80 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS59.11
Mansfield0.62
10 Day High222.96
10 Day Low210.39
20 Day High222.96
20 Day Low178.49
52 Week High229.97
52 Week Low132.24
Performance
1 Week2.22%
2 Weeks0.73%
1 Month22.21%
3 Month21.12%
6 Month46.75%
12 Month-2.65%
2 Year7.43%
3 Year6.18%
5 Year91.53%
10 Year336.62%
15 Year1079.23%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.11
RSI(14)63.57
LBB212.3
UBB221.08
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 220.65 | 210.38 | 10.27 (4.65%) | 21.48% |
| An entry @220.65. This is a Buy Stop order right above the resistance zone. | An exit @210.38. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 10.27 points, which is 4.65%. | For a 1.00% total portfolio risk, you can invest 21.48% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
RESMED INC
NYSE:RMD (5/17/2024, 7:23:49 PM)
After market: 218.57 0 (0%)218.57
-1.4 (-0.64%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-0.64%
1 Week2.22%
2 Weeks0.73%
1 Month22.21%
3 Month21.12%
6 Month46.75%
12 Month-2.65%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)4.72
ATR(20)%2.86%
ATR Inc
Range Today2.5
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High222.96
10 Day Low210.39
20 Day High222.96
20 Day Low178.49
52 Week High229.97
52 Week Low132.24
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume450.50K
Volume Incr-51.36%
Vol(5)650.94K
Vol(50)1.13M