RESMED INC. - Daily - Technical analysis published on 11/13/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
50%
17%
33%
My opinion
Bullish above 140.33 USD
My targets
147.92 USD (+2.41%)
My analysis
The bullish trend is currently very strong on RESMED INC.. As long as the price remains above the support at 140.33 USD, you could try to benefit from the boom. The first bullish objective is located at 147.92 USD. The bullish momentum would be boosted by a break in this resistance. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
FORCE
0
10
7.1
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The RESMED INC. rating is 144.44 USD. On the day, this instrument gained +0.20% and was between 143.37 USD and 145.44 USD. This implies that the price is at +0.75% from its lowest and at -0.69% from its highest.143.37
145.44
144.44
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in Daily of this RESMED INC. chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, according to the parameters integrated into the Central Analyzer system, only 9 technical indicators out of 18 analysed are currently bullish. The Central Indicators scanner found this result concerning these indicators:
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 117.84 | 126.56 | 140.33 | 144.44 | 147.92 |
| Change (%) | -18.42% | -12.38% | -2.85% | - | +2.41% |
| Change | -26.60 | -17.88 | -4.11 | - | +3.48 |
| Level | Major | Major | Major | - | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 140.70 | 142.03 | 143.09 | 144.42 | 145.48 | 146.81 | 147.87 |
| Camarilla | 143.49 | 143.71 | 143.93 | 144.15 | 144.37 | 144.59 | 144.81 |
| Woodie | 140.57 | 141.96 | 142.96 | 144.35 | 145.35 | 146.74 | 147.74 |
| Fibonacci | 142.03 | 142.94 | 143.51 | 144.42 | 145.33 | 145.90 | 146.81 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 132.80 | 136.90 | 140.18 | 144.28 | 147.56 | 151.66 | 154.94 |
| Camarilla | 141.43 | 142.11 | 142.79 | 143.46 | 144.14 | 144.81 | 145.49 |
| Woodie | 132.39 | 136.70 | 139.77 | 144.08 | 147.15 | 151.46 | 154.53 |
| Fibonacci | 136.90 | 139.72 | 141.46 | 144.28 | 147.10 | 148.84 | 151.66 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 110.12 | 118.02 | 132.77 | 140.67 | 155.42 | 163.32 | 178.07 |
| Camarilla | 141.29 | 143.37 | 145.44 | 147.52 | 149.60 | 151.67 | 153.75 |
| Woodie | 113.55 | 119.73 | 136.20 | 142.38 | 158.85 | 165.03 | 181.49 |
| Fibonacci | 118.02 | 126.67 | 132.02 | 140.67 | 149.32 | 154.67 | 163.32 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 63.41 | |
| MACD (12,26,9): | 3.1100 | |
| Directional Movement: | 12.97 | |
| AROON (14): | 42.86 | |
| DEMA (21): | 145.09 | |
| Parabolic SAR (0,02-0,02-0,2): | 141.20 | |
| Elder Ray (13): | 1.62 | |
| Super Trend (3,10): | 137.44 | |
| Zig ZAG (10): | 144.57 | |
| VORTEX (21): | 1.0000 | |
| Stochastique (14,3,5): | 64.72 | |
| TEMA (21): | 146.58 | |
| Williams %R (14): | -58.81 | |
| Chande Momentum Oscillator (20): | -0.59 | |
| Repulse (5,40,3): | 0.0700 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.3300 | |
| Courbe Coppock: | 18.13 |
| MA7: | 143.66 | |
| MA20: | 140.10 | |
| MA50: | 135.75 | |
| MA100: | 131.99 | |
| MAexp7: | 143.92 | |
| MAexp20: | 141.10 | |
| MAexp50: | 136.72 | |
| MAexp100: | 131.39 | |
| Price / MA7: | +0.54% | |
| Price / MA20: | +3.10% | |
| Price / MA50: | +6.40% | |
| Price / MA100: | +9.43% | |
| Price / MAexp7: | +0.36% | |
| Price / MAexp20: | +2.37% | |
| Price / MAexp50: | +5.65% | |
| Price / MAexp100: | +9.93% |
News
Don"t forget to follow the news on RESMED INC.. At the time of publication of this analysis, the latest news was as follows:
- Research on Treating Sleep Apnea with Adaptive Servo-ventilation Published in the Journal of the American College of Cardiology (JACC)
- ResMed Named Global Leader in Remote Patient Monitoring
-
ResMed
- ResMed Inc. Announces Results for the Second Quarter of Fiscal Year 2017
- ResMed and BMC/3B Medical Settle Global Litigation
This member declared not having a position on this financial instrument or a related financial instrument.
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