NYSE:RMD - New York Stock Exchange, Inc. - US7611521078 - Common Stock - Currency: USD
Overall RMD gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, RMD is showing a nice and steady performance.
Besides having an excellent technical rating, RMD also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry.
206.86
When analyzing the support we can see 3 important areas.
When analyzing the resistance we notice one important area.
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 | 84.3 | POSITIVE | RMD has a high relative strength, it outperformed 84.3% 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) | 58.26 | NEUTRAL | The RSI value for RMD is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.52 | NEGATIVE | The MACD value suggests RMD has a negative trend. |
Stochastics (14,3) | 72.77 | NEUTRAL | The Stochastics value for RMD is a neutral value. |
Average True Range in percent/ATR (20) | 1.49 | LOW VOLATILITY | The low ATR as a percentage value for RMD suggests low volalility. |
Average Directional Index/ADX (14) | 23.81 | NEUTRAL | The ADX value for RMD suggests a possible start of a new trend. |
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 |
---|---|---|---|
251.12 | 248.19 | 2.93 (1.17%) | 25.00% |
An entry @251.12. This is a Buy Stop order right above the 10 day moving average. | An exit @248.19. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 2.93 points, which is 1.17%. | For a 0.29% total portfolio risk, you can invest 25.00% of your capital in this trade. |
250.88
+0.79 (+0.32%)