|
|
Uptrend SupportArchive - 2/14/2025 - Sign In to see current Signals. |
ResMed (RMD) Technical Analysis
|
 |
| Summary:
| | Weekly :   | | Daily : Move cursor over the icon to see details.
| | It was the negative week for the ResMed (RMD). During the week, the RMD dropped -3.90 points, or -1.65%, and closed at 233.00 on Friday, February 14, 2025. Weekly volume was -22% below average. RMD is a member of Health Care Sector. Health Care is the second most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
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 chart has formed a Rising Channel chart pattern. The price is near the trend support (236.28) line. The support is usually stronger when technical indicators are oversold. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend support line in a long-term trend.
Medium-term trend: [See RMD medium-term trend chart] A medium-term uptrend had started on December 23, 2024 at 224.50 and reached 263.10 on January 30, 2025. RMD gained -38.60 points, or -17.19%, in 5 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The price is near the trend support (232.93) line. The support is usually stronger when technical indicators are oversold. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend support line in a medium-term trend.
Weekly Technical Indicators: [See RMD weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since November 8, 2024. Use the following link to access a MACD help.
Short-term trend: [See RMD short-term trend chart] A short-term downtrend had started on January 30, 2025 at 263.10 and reached 232.80 on February 14, 2025. RMD lost 30.30 points, or 11.52%, in 15 days. Price is near the trend low.
Daily Technical Indicators: [See RMD daily technical indicators chart] Daily Lane's Stochastic is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Lane's Stochastic. 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 daily MACD line is below its signal line since February 3, 2025. This is an indication that the short-term trend is down.
| |
|
|
|
|
Daily Oscillators |
|
Weekly Oscillators |
|
Trading
Signals |
|
|
Sector and
Industry |
Description |
Name |
Rank |
Sector |
Health Care |
8 |
Industry |
Health Care Equipment |
80 |
|
Daily Trend |
Description |
Value |
Direction |
Down |
Chart Pattern |
DownTrend |
High |
263.10 |
High Date |
01/30/2025 |
Low |
232.80 |
Low Date |
02/14/2025 |
|
Weekly Trend |
|
Description |
Value |
Direction |
Down |
Chart Pattern |
DownTrend |
Status |
|
Resistance |
|
Support |
|
High |
263.10 |
High Date |
01/30/2025 |
Low |
232.80 |
Low Date |
02/14/2025 |
|
Description |
Value |
Direction |
Up |
Chart Pattern |
Broadening Ascending Wedge |
Status |
Test Support |
Resistance |
280.47 |
Support |
232.93 |
Low |
224.50 |
Low Date |
12/23/2024 |
High |
263.10 |
High Date |
01/30/2025 |
|
Quarterly Trend |
|
Description |
Value |
Direction |
Up |
Chart Pattern |
Rising Channel |
Status |
Test Support |
Resistance |
287.23 |
Support |
236.28 |
Low |
132.26 |
Low Date |
10/27/2023 |
High |
263.10 |
High Date |
01/30/2025 |
|
Description |
Value |
Direction |
Down |
Chart Pattern |
DownTrend |
Status |
|
Resistance |
|
Support |
|
High |
301.34 |
High Date |
09/09/2021 |
Low |
132.26 |
Low Date |
10/27/2023 |
|
|