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.
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3-Nov-2023 : Are bad days coming to an end?Keeping it Simple...
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Last
$28.08 |
Change
0.340(1.23%) |
Mkt cap ! $17.83B |
Open | High | Low | Value | Volume |
$27.56 | $28.25 | $27.35 | $129.2M | 4.645M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 5999 | $28.08 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$28.09 | 2427 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5999 | 28.080 |
1 | 892 | 28.040 |
2 | 1160 | 28.020 |
4 | 2304 | 28.010 |
8 | 86790 | 28.000 |
Price($) | Vol. | No. |
---|---|---|
28.100 | 10182 | 1 |
28.120 | 10182 | 1 |
28.140 | 10182 | 1 |
28.170 | 216 | 1 |
28.240 | 1704 | 4 |
Last trade - 16.10pm 25/06/2024 (20 minute delay) ? |
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RMD (ASX) Chart |