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.
- Forums
- ASX - By Stock
- RMD - ASX Charts
RMD
resmed inc
Add to My Watchlist
0.66%
!
$38.98

3-Nov-2023 : Are bad days coming to an end?Keeping it Simple...
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
$38.98 |
Change
-0.260(0.66%) |
Mkt cap ! $22.74B |
Open | High | Low | Value | Volume |
$39.07 | $39.22 | $38.92 | $8.544M | 218.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 28 | $38.98 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$39.01 | 456 | 10 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 176 | 38.970 |
5 | 248 | 38.960 |
13 | 740 | 38.950 |
4 | 281 | 38.940 |
4 | 429 | 38.930 |
Price($) | Vol. | No. |
---|---|---|
39.000 | 37 | 2 |
39.010 | 64 | 4 |
39.020 | 136 | 5 |
39.030 | 242 | 7 |
39.040 | 170 | 4 |
Last trade - 15.19pm 10/07/2025 (20 minute delay) ? |
Featured News
RMD (ASX) Chart |