RESMED INC (RMD) Stock Technical Analysis
NYSE:RMD - New York Stock Exchange, Inc. - US7611521078 - Common Stock - Currency: USD
Overall RMD gets a technical rating of 10 out of 10. Both in the recent history as in the last year, RMD has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, RMD did better than 83% of all other stocks. On top of that, RMD also shows a nice and consistent pattern of rising prices.
RMD is part of the Health Care Equipment & Supplies industry. There are 187 other stocks in this industry. RMD outperforms 86% 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 250.18 - 293.08 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.
Although RMD has an excellent technical rating, it does not offer a high quality setup 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.
More info and screens
212.67
287.85
When analyzing the support we can see 5 important areas.
- A support zone ranging from 276.92 to 277.82. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 249.34 to 262.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @237.40 from a horizontal line in the daily time frame.
- Support @222.09 from a trend line in the weekly time frame.
- Support @214.82 from a trend line in the weekly time frame.
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 | UP | POSITIVE | The long term trend for RMD is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RMD is up. |
| ChartMill Relative Strength | 83.1 | POSITIVE | RMD has a high relative strength, it outperformed 83.1% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RMD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RMD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RMD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 68.54 | NEUTRAL | The RSI value for RMD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.74 | POSITIVE | The MACD value suggests RMD has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 89.15 | OVERBOUGHT | The high Stochastics value suggests RMD may be overbought. |
| Average True Range in percent/ATR (20) | 2.24 | MEDIUM VOLATILITY | The ATR as a percentage value for RMD suggests some volalility. |
| Average Directional Index/ADX (14) | 41.99 | POSITIVE | The high ADX value value for RMD suggests a strong trend. |
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)
285
-6.44 (-2.21%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-2.21%
1 Week2.63%
2 Weeks6.58%
1 Month11.07%
3 Month16.31%
6 Month20.28%
12 Month31.59%
2 Year78.58%
3 Year29.59%
5 Year57.65%
10 Year448.71%
15 Year845.59%
Volatility
ATR(14)6.86
ATR(20)%2.24%
ATR Inc165.2%
Range Today10.84
ADR(20)6.05
ADR(20)%2.12%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.1
Mansfield0.99
10 Day High293.08
10 Day Low268.29
20 Day High293.08
20 Day Low250.18
52 Week High293.08
52 Week Low199.92
CS1 End277.82
CR1 StartN/A
Volume & EV
DER(3)5.12%
DER(5)2.39%
Volume1.62M
Volume Incr85.4%
Vol(5)1.63M
Vol(50)908.60K