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Archive - 4/17/2025 - Sign In to see current Signals. |
ResMed (RMD) Technical Analysis
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| 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 gave back -1.09 points, or -0.51%, and closed at 212.91 on Thursday, April 17, 2025. Weekly volume was 42% 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. Price is near the Fibonacci 38.2% retracement level. The Fibonacci retracement level is considered a support/resistance 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 20.59% retracement level.
Weekly Technical Indicators: [See RMD weekly technical indicators chart] Weekly Williams' Percentage Range and Lane's Stochastic are oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Williams' Percentage Range and 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 links to access Lane's Stochastic and Williams' Percentage Range 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 near its 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 218.10 on April 9, 2025. RMD gained -18.20 points, or -9.10%, in 2 days. The chart has formed a Symmetric Triangle chart pattern. The uptrend support line (218.83) is broken. A broken support is considered to be a long-term bearish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a short-term trend.
Daily Technical Indicators: [See RMD daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal. During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward 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.
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