RESMED INC (RMD) Stock Technical Analysis
NYSE:RMD - US7611521078 - Common Stock
275.38 USD
-6.58 (-2.33%)
275.38 USD
0 (0%)
Taking everything into account, RMD scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, RMD is only an average performer.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
RMD is one of the better performing stocks in the Health Care Equipment & Supplies industry, it outperforms 75% of 185 stocks in the same industry.
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.
Looking at the yearly performance, RMD did better than 70% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
In the last month RMD has a been trading in the 271.11 - 293.81 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although RMD has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
214.27
296.68
We found 5 important support areas.
- A support zone ranging from 275.03 to 275.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @260.64 from a trend line in the daily time frame.
- Support @249.34 from a horizontal line in the daily time frame.
- Support @224.92 from a trend line in the weekly time frame.
- Support @216.43 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 291.44 to 293.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The short term trend for RMD is neutral. |
| ChartMill Relative Strength | 70.46 | POSITIVE | RMD has a high relative strength, it outperformed 70.46% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of RMD is below 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) | 44.64 | NEUTRAL | The RSI value for RMD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.89 | NEGATIVE | The MACD value suggests RMD has a negative trend. |
| Stochastics (14,3) | 22.39 | NEUTRAL | The Stochastics value for RMD is a neutral value. |
| Average True Range in percent/ATR (20) | 2.27 | MEDIUM VOLATILITY | The ATR as a percentage value for RMD suggests some volalility. |
| Average Directional Index/ADX (14) | 45.25 | 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)
275.38
-6.58 (-2.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-2.33%
1 Week-4.49%
2 Weeks-3.28%
1 Month1.26%
3 Month12.5%
6 Month17.93%
12 Month12.39%
2 Year72.55%
3 Year25.22%
5 Year52.33%
10 Year430.19%
15 Year813.67%
Volatility
ATR(14)4.88
ATR(20)%2.27%
ATR Inc36.15%
Range Today7.29
ADR(20)5.95
ADR(20)%2.16%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.46
Mansfield0.25
10 Day High293.81
10 Day Low274.67
20 Day High293.81
20 Day Low271.11
52 Week High293.81
52 Week Low199.92
CS1 End275.37
CR1 Start291.44
Volume & EV
DER(3)0.98%
DER(5)0.65%
Volume1.30M
Volume Incr-18.22%
Vol(5)934.08K
Vol(50)985.13K