RESMED INC (RMD) Technical Analysis
NYSE:RMD • US7611521078
Current stock price
RMD Technical Rating and Analysis
Taking everything into account, RMD scores 0 out of 10 in our technical rating. 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.
- When comparing the yearly performance of all stocks, RMD is a bad performer in the overall market: 61% of all stocks are doing better.
- 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.
- In the last month RMD has a been trading in the 218.39 - 253.26 range, which is quite wide. It is currently trading near the lows of this range.
- RMD has an average volume of 1143390 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- RMD is part of the Health Care Equipment & Supplies industry. There are 188 other stocks in this industry, RMD did better than 68% of them.
RMD Weekly and Daily overview Charts
RMD Setup Rating and Analysis
RMD has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 228.20. Right above this resistance zone may be a good entry point.
More info and screens
RMD Support and Resistance Analysis
217.82
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.
We can see 7 important resistance areas.
- A resistance zone ranging from 228.20 to 230.93. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @236.86 from a trend line in the daily time frame.
- 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 @264.26 from a trend line in the weekly time frame.
- Resistance @270.29 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 | 39.56 | NEUTRAL | RMD is not amongst the best or worst performers 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) | 34.89 | NEUTRAL | The RSI value for RMD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests RMD has a positive trend. |
| Stochastics (14,3) | 29.81 | NEUTRAL | The Stochastics value for RMD is a neutral value. |
| Average True Range in percent/ATR (20) | 2.75 | MEDIUM VOLATILITY | The ATR as a percentage value for RMD suggests some volalility. |
| Average Directional Index/ADX (14) | 36.77 | POSITIVE | The high ADX value value for RMD suggests a strong trend. |
RMD Chart- and CandleStick Pattern Analysis
RMD Technicals: Chart, Performance Metrics, Trend & Indicators
224.09
+1.24 (+0.56%)
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 34.8928. 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 0.0748208, 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.