Why ResMed Inc. (NYSE:RMD) Is Acting Slightly Strange (2019-12-27)

REPORTING FOR 2019-12-27 | WCX19.ORG: We have done an in-depth analysis of how RMD has been trading over the last 2 weeks and the past day especially. On its latest session, ResMed Inc. (NYSE:RMD) opened at 156.66, reaching a high of 156.66 and a low of 155.0704 before closing at a price of 155.79. There was a total volume of 241836.

VOLUME INDICATORS FOR RESMED INC. (NYSE:RMD): We saw an accumulation-distribution index of 685.365, an on-balance volume of -156.7, chaikin money flow of 1.10162 and a force index of 0.00704. There was an ease of movement rating of 0.00296, a volume-price trend of 18.15064 and a negative volume index of 1000.0.

VOLATILITY INDICATORS FOR RESMED INC. (NYSE:RMD): We noted an average true range of 1.54547, bolinger bands of 155.22618, an upper bollinger band of 154.74422, lower bollinger band of 155.0704, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 156.13013, high band keltner channel of 156.13013, low band keltner channel of 156.13013, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 155.0704, a donchian channel low band of 155.0704, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.

TREND INDICATORS FOR RESMED INC. (NYSE:RMD): We calculated a Moving Average Convergence Divergence (MACD) of -0.00382, a MACD signal of -0.00212, a MACD difference of -0.0017, a fast Exponential Moving Average (EMA) indicator of 155.0704, a slow Exponential Moving Average (EMA) indicator of 155.0704, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.14158, a trix of 8.16039, a Mass Index (MI) of 1.8, a Commodity Channel Index (CCI) of -66.66667, a Detrended Price Oscillator (DPO) of -16.24031, a KST Oscillator (KST) of 116.97973 and a KST Oscillator (KST Signal) of 116.97973 (leaving a KST difference of -0.30685). We also found an Ichimoku rating of 156.66, an Ichimoku B rating of 156.66, a Ichimoku visual trend A of 142.49407, an Ichimoku visual trend B of 145.1877, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of -4.0.

MOMENTUM INDICATORS FOR RESMED INC. (NYSE:RMD): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 91.08464, a stochastic oscillator of 50.0, a stochastic oscillator signal of 50.0, a Williams %R rating of -50.0 and an awesome oscillator of 0.0065.

RETURNS FOR RESMED INC. (NYSE:RMD): There was a daily return of 11.69797, a daily log return of -0.10995 and a cumulative return of -0.10989.

What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-12-27 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for ResMed Inc. (NYSE:RMD)…

DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling ResMed Inc. (NYSE:RMD) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.