RESMED INC (RMD) Technical Analysis
NYSE:RMD • US7611521078
Current stock price
224.93 USD
+0.84 (+0.37%)
At close:
224.93 USD
0 (0%)
After Hours:
RMD Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to RMD. RMD scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 72% of all other stocks performed better in the past year than RMD.
- RMD is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so RMD is lagging the market.
- RMD is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- RMD has an average volume of 1137510 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- RMD is an average performer in the Health Care Equipment & Supplies industry, it outperforms 67% of 188 stocks in the same industry.
RMD Weekly and Daily overview Charts
RMD Setup Rating and Analysis
Although the technical rating is bad, RMD does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 220.46, a Stop Loss order could be placed below this zone.
More info and screens
RMD Support and Resistance Analysis
217.82
282.25
When analyzing the support we notice one important area.
- A support zone ranging from 220.02 to 220.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
7 important resistance areas can be observed.
- A resistance zone ranging from 224.94 to 224.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 235.80 to 239.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @252.86 from a horizontal line in the daily time frame.
- Resistance @258.00 from a horizontal line in the daily time frame.
- Resistance @263.34 from a trend line in the weekly time frame.
- Resistance @270.14 from a trend line in the daily time frame.
- Resistance @279.46 from a horizontal line in the daily time frame.
RMD Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for RMD is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RMD is down. |
| ChartMill Relative Strength | 28.21 | NEGATIVE | RMD has a low relative strength, it was outperformed by 71.79% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RMD is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RMD is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RMD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36.46 | NEUTRAL | The RSI value for RMD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.41 | POSITIVE | The MACD value suggests RMD has a positive trend. |
| Stochastics (14,3) | 32.85 | NEUTRAL | The Stochastics value for RMD is a neutral value. |
| Average True Range in percent/ATR (20) | 2.65 | MEDIUM VOLATILITY | The ATR as a percentage value for RMD suggests some volalility. |
| Average Directional Index/ADX (14) | 37.03 | POSITIVE | The high ADX value value for RMD suggests a strong trend. |
RMD Chart- and CandleStick Pattern Analysis
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)
RMD Technicals: Chart, Performance Metrics, Trend & Indicators
224.93
+0.84 (+0.37%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg0.37%
1 Week2.02%
2 Weeks-0.47%
1 Month-11.05%
3 Month-10.91%
6 Month-17.31%
12 Month5.11%
2 Year5.11%
3 Year-6.65%
5 Year19.66%
10 Year303.1%
15 Year605.33%
Volatility
ATR(14)5.48
ATR(20)%2.65%
ATR Inc-6.49%
Range Today3.04
ADR(20)5.6
ADR(20)%2.49%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.21
3 months CRS28.32
6 months CRS23.27
Mansfield-1.36
10 Day High232.6
10 Day Low218.39
20 Day High253.13
20 Day Low218.39
52 Week High293.81
52 Week Low202
CS1 End220.46
CR1 Start224.94
Volume & EV
DER(3)-0.3%
DER(5)0.47%
Volume598.90K
Volume Incr-19.02%
Vol(5)861.56K
Vol(50)1.14M
RESMED INC / RMD TA FAQ
What is the ChartMill technical rating of RESMED INC (RMD) stock?
ChartMill assigns a technical rating of 0 / 10 to RMD.
What is the current trend direction of RESMED INC (RMD) stock?
The current trend direction for RESMED INC (RMD) is Bearish.
What is the RSI signal for RESMED INC (RMD) stock?
RESMED INC (RMD) has an RSI value of 36.4578. This indicates that the stock is currently neutral.
What is the MACD signal for RESMED INC (RMD) stock?
The MACD indicator for RESMED INC (RMD) has a value of 0.414366, indicating a bearish trend.
Can you provide the buy/sell signal for RESMED INC?
The buy/sell signal for RESMED INC (RMD) is sell as both the short term and long term trends are negative.