RESMED INC (RMD)

US7611521078 - Common Stock

215.01  +1.02 (+0.48%)

After market: 215.01 0 (0%)

Technical Rating and Analysis

7

Overall RMD gets a technical rating of 7 out of 10. RMD has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.

The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
RMD is one of the better performing stocks in the Health Care Equipment & Supplies industry, it outperforms 73% of 192 stocks in the same industry.
RMD is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so RMD is performing more or less in line with the market.
In the last month RMD has a been trading in the 172.19 - 218.38 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
RMD has an average volume of 1185040 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 49% of them, which is more or less in line with the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
RMD Weekly chart
RMD Daily chart
Setup Rating and Analysis

2

Although RMD has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

168.51

244.22

When analyzing the support we can see 4 important areas.

  • A support zone ranging from 188.81 to 195.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @177.18 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.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 218.07 to 218.07. 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.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS49.25
Mansfield0.9
10 Day High218.38
10 Day Low176.33
20 Day High218.38
20 Day Low172.19
52 Week High237.26
52 Week Low132.24
Performance
1 Week16.99%
2 Weeks23.69%
1 Month15.57%
3 Month12.07%
6 Month40.7%
12 Month-7.18%
2 Year5.68%
3 Year4.45%
5 Year88.41%
10 Year329.51%
15 Year1060.02%
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)3.95
RSI(14)69.63
LBB159.92
UBB223.24
RMD Daily chart

RESMED INC

NYSE:RMD (5/1/2024, 7:19:57 PM)

After market: 215.01 0 (0%)

215.01

+1.02 (+0.48%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg0.48%
1 Week16.99%
2 Weeks23.69%
1 Month15.57%
3 Month12.07%
6 Month40.7%
12 Month-7.18%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)7.46
ATR(20)%3.03%
ATR Inc
Range Today5.94
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 High218.38
10 Day Low176.33
20 Day High218.38
20 Day Low172.19
52 Week High237.26
52 Week Low132.24
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.31M
Volume Incr99.91%
Vol(5)2.11M
Vol(50)1.19M