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Downtrend ExhaustionArchive
- 4/25/2025 -
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ResMed (RMD) Technical Analysis
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| Summary:
| | Weekly : | | Daily :
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| | It was a first positive week for the ResMed (RMD). During the week, the RMD gained 22.97 points, or 10.79%, and closed at 235.88 on Friday, April 25, 2025. Weekly volume was 52% above average.
 Long-term trend: [See RMD long-term trend chart]
A long-term uptrend had started on October 27, 2023 at 132.26 and reached 263.10 on January 30, 2025. RMD gained -130.84 points, or -98.93%, in 65 weeks. The price is now at the 20.80% retracement level.
 Medium-term trend: [See RMD medium-term trend chart]
A medium-term downtrend had started on January 30, 2025 at 263.10 and reached 199.90 on April 7, 2025. RMD lost 63.20 points, or 24.02%, in 9 weeks. The price is now at the 56.93% retracement level.
 Weekly Technical Indicators: [See RMD weekly technical indicators chart]
Weekly technical indicators are neutral. During the last week, weekly Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help.
The weekly MACD line is below its signal line since November 8, 2024. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is relatively high, but getting smaller. It indicates that the current medium-term downtrend is still strong, and momentum is beginning to wane. Use the following link to access a MACD help.
Short-term trend: [See RMD short-term trend chart]
A short-term uptrend had started on April 7, 2025 at 199.90 and reached 239.66 on April 24, 2025. RMD gained -39.76 points, or -19.89%, in 17 days. The price is now at the 9.51% retracement level.
 Daily Technical Indicators: [See RMD daily technical indicators chart]
Daily Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought daily overbought Williams' Percentage Range. Use the following link to access Williams' Percentage Range help.
The daily MACD line is above its signal line since April 11, 2025. This is an indication that the short-term trend is up. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current short-term uptrend is strong.
During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
The price has closed on Friday above the upper Bollinger Band. It is considered a bullish signal. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
During the last week, the price has advanced above the 50 Day Moving Average. While the medium-term trend is down and daily technical indicators are overbought, the 50 Day Moving Average is considered a resistance level. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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