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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
ResMed Inc. (NYSE:RMD)
Countertrend Up (+85) - RMD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid RMD?
MarketClub looks at technical strength and momentum to determine if the timing is right for RMD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for RMD
The long-term trend has been UP since Dec 6th, 2023 at 164.10
The intermediate-term trend has been UP since Apr 26th, 2024 at 198.31
The short-term trend has been DOWN since May 8th, 2024 at 215.42
Smart Scan Analysis for RMD
Based on our trend formula, RMD is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 213.0000 | 215.2700 | 211.9676 | 214.8900 | +2.0100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 212.8800 | 185868 | 2024-05-09 11:46:30 |
| Year High | 116.64 | Year High Date | 2018-10-01 |
| Year Low | 84.93 | Year Low Date | 2018-01-02 |
| 52wk High | 237.26 | 52wk High Date | 2023-05-12 |
| 52wk Low | 132.24 | 52wk Low Date | 2023-10-27 |
| Year End Close | 41.57 | Average Volume | 1,333,550 |
| Shares Outstanding | 146,907 | Short Interest | 16,937,824 |
| % Institutional | 51.1 | Market Cap | 19,207M |
| Assets | 681,456,200M | Liabilities | 218,464,200M |
| P/E Ratio | 32.7005 | Beta | 0.88 |
| Volatility | 29.48 |