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Archive - 9/4/2026 - 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 dropped -11.98 points, or -4.98%, and closed at 228.35 on Friday, September 4, 2026. It was the worst weekly loss since May 29, 2026. RMD was trading at average weekly trading volume. RMD is a member of Health Care Sector. Health Care is the 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 293.81 on August 22, 2025. RMD gained -161.55 points, or -122.15%, in 95 weeks. The chart has formed a Rising Channel chart pattern. The uptrend support line (274.60) 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 long-term trend.
Medium-term trend: [See RMD medium-term trend chart] A medium-term downtrend had started on August 22, 2025 at 293.81 and reached 180.27 on June 2, 2026. RMD lost 113.54 points, or 38.64%, in 40 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 149.98 and resistance is at 257.94. A Broadening Descending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a medium-term trend.
Weekly Technical Indicators: [See RMD weekly technical indicators chart] Weekly Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Lane's Stochastic. During the last week, weekly Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish 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 above its signal line since July 10, 2026. The distance between MACD and the signal line is near its high and getting bigger. 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 September 1, 2026 at 242.40 and reached 225.12 on September 4, 2026. RMD lost 17.28 points, or 7.13%, in 3 days. The price is now at the 18.69% retracement level.
Daily Technical Indicators: [See RMD daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish signal. During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish 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. The price is close to the moving average in the center of the Bollinger Bands. 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.
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