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Stock Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

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
231.81 232.57 229.58 232.27 +1.10
Entry Signal

MarketClub’s Trade Triangles for RMD

long term down The long-term trend has been DOWN since Dec 18th, 2024 at 230.437

intermediate term down The intermediate-term trend has been DOWN since Nov 14th, 2024 at 235.080

short term down The short-term trend has been DOWN since Dec 12th, 2024 at 242.000

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
231.81 232.57 229.58 232.27 +1.10
Prev. Close Volume Bid Ask Time
232.58 166293 2024-12-24 12:59:57
Year High116.64Year High Date2018-10-01
Year Low84.93Year Low Date2018-01-02
52wk High260.4952wk High Date2024-10-25
52wk Low164.122552wk Low Date2024-01-04
Year End Close41.57Average Volume774,507
Shares Outstanding146,796Short Interest16,937,824
% Institutional51.1Market Cap19,207M
Assets722,241,700MLiabilities202,739,100M
P/E Ratio30.8053Beta0.88
Volatility29.48
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