US stock / ETF

ResMed Inc.

RMD · NYSE · USD

4 hoursBullish89%
4h Upside probability 89%Bullish

RMD 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

4h: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $219.17 and reclaim $238.37.

Invalidation Trigger

Lose $219.17 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

4h
Momentum StateRange
Momentum mixed

RSI 59.0, MACD -0.196

4h
Volatility EnvironmentBullish
Low volatility

ATR is $2.55 (1.08%)

4h

EMA Structure

Bullish
EMA 8$235.47Bullish
EMA 21$233Bullish
EMA 50$227.56Bullish

Signals

CategoryReadStrength
Momentum
RSI 59.0 · MACD -0.196

Momentum is strong

Strength
Range
Volatility
ATR $2.55 · BB 4.72%

Low volatility

Strength
Bullish
Volume
MFI 45.0 · OBV 3.47%

Relative to 20-period average volume

Strength
Range
Price Levels
$219.17 - $238.37

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+2.19% · 2.0 ATR above latest close

$240.92
Nearest resistance

+1.11% · 1.0 ATR above · 34-bar high

$238.37
Current price

Price shown is delayed

$235.76
Nearest support

-7.04% · 6.5 ATR below · 34-bar low

$219.17
Deeper support zone

-8.12% · 7.5 ATR below latest close

$216.61
ATR zone

Latest close ± ATR14

$233.21 - $238.31

Indicators

Trend

Dow Theory Structure

Confirmation $237.75, invalidation $232.29

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

43.3 / 34.3 / 27.6Bullish
Supertrend (10,3)

Price is above Supertrend

$227.59Bullish
Ichimoku Cloud

Cloud Span A / Span B

$232.21 / $218.18Bullish
Donchian Channel (20)

20-period breakout channel position

74%Bullish

Volatility

ATR (14)

Low volatility

$2.55 (1.08%)Bullish
Bollinger Bands (20,2)

Width 4.72%

70%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$238.65 / $227.77Bullish
ATR channel lower / upper

Current Volatility Envelope

$233.21 / $238.31Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$238.37Range
Support

Nearest Downside Decision Level

$219.17Range

Momentum

RSI (14)

Momentum is strong

59.0Bullish
MACD (12,26,9)

Histogram is negative

-0.196Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

72.5 / 75.7Bearish
Williams %R (14)

Neutral zone

-27.5Range
CCI (20)

Balanced zone

69.7Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

45.0Range
OBV slope

20-period OBV slope

3.47%Bullish
Volume ratio

Relative to 20-period average volume

1.38xBullish

Trend

Dow Theory Structure

Confirmation $237.75, invalidation $232.29

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

43.3 / 34.3 / 27.6Bullish
Supertrend (10,3)

Price is above Supertrend

$227.59Bullish
Ichimoku Cloud

Cloud Span A / Span B

$232.21 / $218.18Bullish
Donchian Channel (20)

20-period breakout channel position

74%Bullish

Momentum

RSI (14)

Momentum is strong

59.0Bullish
MACD (12,26,9)

Histogram is negative

-0.196Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

72.5 / 75.7Bearish
Williams %R (14)

Neutral zone

-27.5Range
CCI (20)

Balanced zone

69.7Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

Low volatility

$2.55 (1.08%)Bullish
Bollinger Bands (20,2)

Width 4.72%

70%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$238.65 / $227.77Bullish
ATR channel lower / upper

Current Volatility Envelope

$233.21 / $238.31Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

45.0Range
OBV slope

20-period OBV slope

3.47%Bullish
Volume ratio

Relative to 20-period average volume

1.38xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$238.37Range
Support

Nearest Downside Decision Level

$219.17Range

Related Forecasts