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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RMD
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$39.30

3-Nov-2023 : Are bad days coming to an end?Keeping it Simple...
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Last
$39.30 |
Change
0.450(1.16%) |
Mkt cap ! $22.93B |
Open | High | Low | Value | Volume |
$39.25 | $39.46 | $39.07 | $10.93M | 278.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
16 | 529 | $39.30 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$39.32 | 492 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
19 | 616 | 39.300 |
6 | 241 | 39.290 |
6 | 304 | 39.280 |
3 | 181 | 39.270 |
2 | 192 | 39.260 |
Price($) | Vol. | No. |
---|---|---|
39.320 | 384 | 6 |
39.330 | 150 | 3 |
39.340 | 277 | 6 |
39.350 | 110 | 1 |
39.360 | 193 | 2 |
Last trade - 15.25pm 04/07/2025 (20 minute delay) ? |
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