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Stock Trend Analysis Report

Prepared for you on Saturday, April 20, 2024.

ResMed Inc. (NYSE:RMD)

Crossroads (-60) - RMD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
179.1500 179.4300 176.9225 178.8400 +1.2300
Entry Signal

MarketClub’s Trade Triangles for RMD

long term up The long-term trend has been UP since Dec 6th, 2023 at 164.10

intermediate term down The intermediate-term trend has been DOWN since Apr 2nd, 2024 at 184.38

short term down The short-term trend has been DOWN since Apr 12th, 2024 at 187.98

Smart Scan Analysis for RMD

Based on our trend formula, RMD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for RMD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
179.1500 179.4300 176.9225 178.8400 +1.2300
Prev. Close Volume Bid Ask Time
178.8500 1044232 2024-04-19 15:59:30
Year High116.64Year High Date2018-10-01
Year Low84.93Year Low Date2018-01-02
52wk High243.5252wk High Date2023-04-28
52wk Low132.2452wk Low Date2023-10-27
Year End Close41.57Average Volume1,080,340
Shares Outstanding147,089Short Interest16,937,824
% Institutional51.1Market Cap19,207M
Assets690,508,800MLiabilities242,323,400M
P/E Ratio29.357Beta0.88
Volatility29.48
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