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Stock Trend Analysis Report

Prepared for you on Tuesday, September 26, 2023.

ResMed Inc. (NYSE:RMD)

Long-Term Downtrend (-90) - RMD is in a strong downtrend that is likely to continue. While RMD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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.

NYSE_RMD
Open High Low RMD Price Change
136.20 138.41 136.20 138.31 +1.70
Entry Signal

MarketClub’s Trade Triangles for RMD

long term down The long-term trend has been DOWN since Aug 4th, 2023 at 207.31

intermediate term down The intermediate-term trend has been DOWN since Aug 4th, 2023 at 215.54

short term down The short-term trend has been DOWN since Aug 31st, 2023 at 160.72

Smart Scan Analysis for RMD

Based on our trend formula, RMD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for RMD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
136.20 138.41 136.20 138.31 +1.70
Prev. Close Volume Bid Ask Time
138.29 1305644 2023-09-25 15:59:55
Year High116.64Year High Date2018-10-01
Year Low84.93Year Low Date2018-01-02
52wk High243.5252wk High Date2023-04-28
52wk Low136.2252wk Low Date2023-09-21
Year End Close41.57Average Volume1,752,400
Shares Outstanding147,071Short Interest16,937,824
% Institutional51.1Market Cap19,207M
Assets675,170,800MLiabilities262,180,500M
P/E Ratio22.7077Beta0.88
Volatility29.48
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