Stock Analysis: Resmed Inc (RMD)

Stock Analysis for Resmed Inc (RMD)

The Interpreter
Hey Friend, I'm analysing RESMED INC (RMD), and it is between the Support of $ 210.20 (161.8% of Fibonacci) and the Resistance of $ 219.51 (200% of Fibonacci).

Resmed Inc (RMD)

$ 215.03 +0.5%

Last Close 01-May-24

Trade RMD Now

Supports

Next Support: $ 210.20

Pivot: $ 204.98
Fibonacci 161.8%: $ 210.20
Triangle Level (1): $ 208.23

Resistances

Next Resistance: $ 219.51

Pivot R1: $ 231.46
Fibonacci 200%: $ 219.51

Supports and Resistances

Click to Enlarge

Candlesticks, "48-hour" Trade Signals +

Date	Price $	Result %	Candle Name	Side
001 04 Apr 2024	Sell Price: 185.00	Loss: Close Day2 ($ 187.76)	Engulfing	Sell
002 01 Apr 2024	Sell Price: 189.32	Profit: Open Day1 ($ 187.59)	Engulfing	Sell
003 22 Feb 2024	Buy Price: 183.10	Profit: Close Day1 ($ 184.04)	Engulfing	Buy
004 01 Dec 2023	Buy Price: 159.64	Profit: Open Day1 ($ 160.84)	Engulfing	Buy
005 01 Dec 2023	Buy Price: 159.44	Profit: Open Day1 ($ 160.84)	Piercing Line	Buy
006 28 Nov 2023	Buy Price: 155.68	Profit: Open Day1 ($ 158.50)	Engulfing	Buy
007 04 Oct 2023	Buy Price: 148.01	Loss: Close Day2 ($ 146.59)	Abandoned Baby	Buy
008 14 Sep 2023	Buy Price: 147.64	Profit: Open Day1 ($ 147.96)	Abandoned Baby	Buy
009 25 Jul 2023	Buy Price: 219.99	Profit: Open Day1 ($ 221.00)	Engulfing	Buy
010 03 Jul 2023	Sell Price: 214.65	Profit: Open Day1 ($ 214.08)	Abandoned Baby	Sell
011 08 May 2023	Buy Price: 233.03	Profit: Close Day2 ($ 233.50)	Engulfing	Buy
012 08 May 2023	Buy Price: 232.70	Profit: Close Day2 ($ 233.50)	Piercing Line	Buy
013One Year Average	Both Sides Result for 12 Signals	Profit: $ 7.09 ($ 0.59 / Signal) +3.8% Gross in 1 Year	All of Them	Buy + Sell

Trading Rules for Candlesticks Patterns.

Buy or Sell on the same day of the signal, during the after-hours trading session.
Watch the Opening and Closing of the next 2 days (4 in total).
Immediately exit the Trade when one of them (Open or Close, Day 1 or 2) gives you a profit.
The table above will show the first Profit opportunity, but not in real-time. Therefore, you must watch the market in real-time with your broker.

Remember: The returns an asset made in the past don't mean that future returns will be the same.

Backtest Lab, "Buy The Dip" Trade Signals +

Find The Lastest Buy Signals for RMD Below.

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The Latest Trade Signals

Moving Averages +

Bought Moving Averages

Sold Moving Averages

Simple Moving Averages (SMA) Period	Value $	Signal	Exponential Moving Averages (EMA) Period	Value $	Signal
2	214.50	BUY	2	214.63	BUY
3	215.40	SELL	3	213.23	BUY
5	209.53	BUY	5	209.02	BUY
8	199.50	BUY	8	203.66	BUY
13	192.02	BUY	13	198.49	BUY
21	190.82	BUY	21	194.74	BUY
34	191.37	BUY	34	191.84	BUY
55	188.07	BUY	55	188.59	BUY
90	184.40	BUY	90	184.51	BUY
200	172.27	BUY	200	183.42	BUY

Company Info +

Name & IPO

Resmed Inc
IPO: 1995-06-01

Stock Ticker & Exchange

Ticker: RMDIndices: S&P 500,
Exchange: New York Stock Exchange, Inc. (US - USD)

Contact

Website: https://www.resmed.com/
Phone:

Stock Type

Common Stock

SIC Office

Life Sciences ()

Industry

Surgical & Medical Instruments & Apparatus

EIN

Fiscal Year End

State of Inc.

Balance Sheets +

in USD millions (if not decimal) - Dictionary

Income Statement +

in USD millions (if not decimal) - Dictionary

Statements sources
The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.