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Archive - 7/17/2026 - 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 -4.88 points, or -2.39%, and closed at 198.99 on Friday, July 17, 2026. Weekly volume was 25% above average. 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 (267.50) 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 166.04 and resistance is at 262.77. 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 technical indicators are neutral. During the last week, weekly MACD line has moved above its signal line. Such crossover is considered a bullish signal. 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 July 6, 2026 at 222.43 and reached 190.25 on July 13, 2026. RMD lost 32.18 points, or 14.47%, in 7 days. The price is now at the 27.16% retracement level.
Daily Technical Indicators: [See RMD daily technical indicators chart] Daily technical indicators are neutral. 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 declined below 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. During the last week, the 20 Day Moving Average has advanced above the 50 Day Moving Average. Such crossover is considered a bullish signal. 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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