RMD 0.13% $31.93 resmed inc

RMD - ASX Charts

  1. 112 Posts.
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    3-Nov-2023 : Are bad days coming to an end?
    Keeping it Simple with Price Action & Technical Analysis

    RMD bottoming out and good to rebound ??
    Well, it does look like so when we analyze the charts. Here is the Weekly chart of RMD and what I see;

    * SInce end week of Jul'23, RMD went into a sharp downfall.
    * It hit a :floor" at 21.0 in end-Oct'23, and since then has been oscillating between 21 and 24.
    * The price can be seen as "bottomed-out" at 21 since end-Sep, however Bullish Divergence seen in RSI14, which is inching UP.
    * Key level to check is the breakout from the WHITE trendline and also a breakout from 24.0 level resistance.

    In my opinion, looks like RMD is raring to get into better days ahead.
    https://hotcopper.com.au/data/attachments/5709/5709611-47f19e312305d9c33f6c3de6b7b292b9.jpg


 
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Last
$31.93
Change
0.040(0.13%)
Mkt cap ! $20.27B
Open High Low Value Volume
$31.99 $32.02 $31.85 $27.95M 875.3K

Buyers (Bids)

No. Vol. Price($)
3 10144 $31.93
 

Sellers (Offers)

Price($) Vol. No.
$32.01 1785 2
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Last trade - 16.10pm 14/06/2024 (20 minute delay) ?
Last
$32.02
  Change
0.040 ( 0.42 %)
Open High Low Volume
$31.92 $32.02 $31.85 258930
Last updated 15.59pm 14/06/2024 ?
RMD (ASX) Chart
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