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Stock Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

ResMed Inc. (NYSE:RMD)

Sidelines Mode (-55) - RMD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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
237.730 240.665 236.620 238.060 -1.360
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 Nov 14th, 2024 at 235.08

short term up The short-term trend has been UP since Nov 19th, 2024 at 240.22

Smart Scan Analysis for RMD

Based on our trend formula, RMD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for RMD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
237.730 240.665 236.620 238.060 -1.360
Prev. Close Volume Bid Ask Time
238.120 486364 2024-11-19 15:59:33
Year High116.64Year High Date2018-10-01
Year Low84.93Year Low Date2018-01-02
52wk High260.4952wk High Date2024-10-25
52wk Low148.0352wk Low Date2023-11-20
Year End Close41.57Average Volume1,206,968
Shares Outstanding146,796Short Interest16,937,824
% Institutional51.1Market Cap19,207M
Assets722,241,700MLiabilities202,739,100M
P/E Ratio31.7113Beta0.88
Volatility29.48
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