Resmed is only slightly up on the day, shares traded 0.31% higher on the day. It looks like RMD may be interacting with a downward sloping Support line. It may find or support at this level or it's momentum can continue downward. The Medical Instruments & Equipment company has been chopping around the last few months without a clear directional momentum. So it might bounce off here, but hard to say.
If the price bounces off of the support and moves up it'll probably head up to the $236.18 level, at which point it may hit some selling pressure. If it fails to bounce off this level and breaks down lower, it will most likely find the nearest support a the $197.04
at which point, it may have a chance of recovering from there.
The analysts are pretty neutral on ResMed right now, so not much useful information here. The current Analysts Sentiment Score is 1.32. Most companies range between (-200 to 200).
Here's a break down of the latest rating changes. Needham & Company LLC boosted their price targ by 5.36% to $236.00 on 2024-04-26. Royal Bank of Canada gave a boost to their price target and moved to $200.00 from $187.00 on 2024-04-26. KeyCorp provided a price target boost of 4.85% to $238.00 from $227.00 on 2024-04-26. Mizuho reiterated a rating of Buy on 2024-03-27 and added a price target of $215.00. Oppenheimer gave a boost to their price target and moved to $205.00 from $185.00 on 2024-01-30. On 2024-01-25 UBS Group increased their price target by 2.86% to $180.00. JPMorgan Chase & Co. provided a price target boost of 21.88% to $195.00 from $160.00 on 2024-01-09. On 2023-10-27 Morgan Stanley upgraded ResMed from Equal Weight to Overweight but decided to decrease their price target by -6.11% down to $169.00. On 2023-10-05 Jefferies Financial Group lowered their price target by -31.25% to $165.00. On 2023-09-29 there was a downgrade announced by Wolfe Research from Outperform to Peer Perform.
| Company | Ratings Score
?
Composite analyst sentiment score
|
Positive Ratings | Negative Ratings | Boost Price Target | Lower Price Target |
|---|---|---|---|---|---|
| RMD | 1.32 | 1.91 | -0.45 | 1.61 | -0.45 |
| Company | YOY Growth Score (typical -20 to +20) | Revision Directions (-6 to +6) |
|---|---|---|
| RMD | 0.00 | 0.00 |
We take into account several different measures of short interest to create a composite score. These measures are shown in the chart below. Short selling is when investors are betting against a stock. We compile these factors to create a dynamic Short Score - this can indicate poor sentiment, internal problems with a company or industry and the anticipation of future price declines. We look at the short interest percent, days to cover, the rate of change and total shares sold short.
| Company | Short Score (typical 1-15)
?
We take into account several different measures and attributes of short interest to create a composite sentiment score. typical range (0 - 30)
|
Short Interest | Days to Cover | Rate of Change | Shares Short |
|---|---|---|---|---|---|
| RMD | 3.48 | %3.2837 | 2.9 | 18.216 | 4830000 |
| Segment | Count | 1 Day% | 5 Day | 1 Month | 3 Month | 6 Month | 1 Year | RSI | 3mo S-momo ? | 6mo S-momo | 1yr S-momo | Resistance ? | Support | Demark Sell ? | Demark Buy | Short Interest | Analysts Ratings ? |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Medical Instruments & Equipment | 26 | 1.86 | -0.27 | -1.86 | -8.45 | -2.38 | 4.94 | 45.31 | -20.46 | -14.77 | -12.86 | -20675.92 | -5811.53 | 8.65 | 0.00 | 5.20 | 0.66 |
| Healthcare | 221 | 1.83 | -2.17 | -4.06 | -6.43 | -7.06 | 0.60 | 42.13 | 7.10 | -10.38 | -6.71 | -21013.92 | -12401.53 | 9.73 | 4.41 | 6.59 | 1.26 |
Social Sentiment is an aggregation of several different factors such as news, articles, blogs, user content, ratings, etc. Which is shown in the chart below. It may become predictive of a reversal if price and the sentiment diverge. Broader market forces may push prices up or down but if market participants maintain a different view on a specific stock, it may be taken as an opportunity to buy or sell in those cases.
| Ticker | Social Sentiment(1-10) |
|---|---|
| RMD |
| Company | Score | 1 Day% | 5 Day | 1 Month | 3 Month | 6 Month | 1 Year | RSI | 3mo S-momo ? | 6mo S-momo | 1yr S-momo | Resistance ? | Support | Demark Sell ? | Demark Buy | Short Interest Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| EW | Edwards Lifesciences Corp | 0.88 | 0.25 | 1.21 | 0.35 | -2.03 | 10.68 | -23.60 | 59 | -10.63 | -7.88 | -9.36 | -2143.38 | -806.69 | 0 | 0 | 2.29616 |
| IDXX | Idexx Laboratories Inc | 0.82 | 1.83 | 0.88 | -0.65 | -0.68 | -13.96 | -18.29 | 43 | -5.85 | -20.98 | -28.27 | -26709.24 | -314.24 | 0 | 0 | 5.07216 |
| MSCI | MSCI, Inc. | 0.77 | 1.53 | 1.80 | 1.71 | -3.47 | 0.04 | 6.21 | 49 | 0.60 | 0.33 | 3.80 | -2791.86 | -1604.54 | 0 | 0 | 1.06893 |
| A | Agilent Technologies Inc. | 0.76 | 1.70 | -2.50 | -8.34 | -14.98 | -20.86 | -19.55 | 28 | -11.10 | -15.87 | -15.32 | -17977.35 | -588.62 | 0 | 0 | 2.63371 |
| MTD | Mettler-Toledo Internatio | 0.71 | 1.39 | -1.75 | -7.86 | -6.37 | -20.65 | -11.24 | 28 | -12.31 | -18.67 | -16.55 | -13995.28 | -998.74 | 0 | 0 | 2.40078 |
| SPGI | S&P Global Inc. | 0.69 | 0.63 | 1.05 | -0.04 | 4.00 | 0.34 | 20.62 | 64 | 4.80 | 4.19 | 16.90 | -2525.25 | -1758.47 | 100 | 0 | 1.19234 |
| WST | West Pharmaceutical Servi | 0.68 | 0.61 | -2.02 | -4.84 | -33.43 | -26.12 | -42.90 | 34 | -19.52 | -22.57 | -52.54 | -60936.87 | 167.89 | 0 | 0 | 2.77075 |
How to use: use the research links to research the asset. Then simply type in a score for each category between (01, 02, 03, 04, 05). 05 being the most bullish and 01 being the most bearish. It will automatically calculate the average and combine it with the technical score to create an overall score to rank prospects by. You can also type notes into each field.
