Resmed (RMD) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for RMD · data as of Aug 4, 2026. The chart above is live; the read below updates daily.

$223.14last close · Aug 4, 202652-week range $180.26 – $293.81 · 24.05% below the high

RMD Falling Wedge Pattern

RMD is currently forming a falling wedge on the daily timeframe. Detected Aug 4, 2026.

A falling wedge is a brief, tidy pause that typically continues the move higher. A breakout projects a measured-move target near $270.79 (+10.3%). Across 8,465 backtested falling wedges, the setup followed through 56.2% of the time, averaging +0.55R; RMD's own falling wedges have hit 57.1%.

DirectionBullishTarget$270.79Projected move+10.3%Breakout level$245.89

New to this pattern? What a falling wedge is and how to trade it →

RMD's Most Recent Rising Wedge Trade

RMD's most recent completed rising wedge (which broke against type) resolved as a loss: it broke higher on Feb 5, 2026 near $265.06, then was stopped out at $240.15 on Mar 11, 2026 — a -1.25R move (9.4%) over 23 sessions. Across 124 backtested rising wedges, this setup wins 54.0% of the time.

OutcomeLossResult-1.25REntry$265.06Exit$240.15

Learn about rising wedge

How Falling Wedges Have Performed

Win rate
56.2%
Avg return
+0.55R
Backtested trades
8,465
RMD win rate
57.1%

Historical pattern statistics (2006-08-04 – 2026-08-03), not a prediction.

How these backtests work →

RMD Pattern Trade History

Every completed pattern trade our nightly backtest found on RMD's daily chart, newest first — wins and losses alike.

PatternEntryExitOutcomeResult
Rising WedgeFeb 5, 2026 @ $265.06Mar 11, 2026 @ $240.15Loss-1.25R
Falling WedgeJan 5, 2026 @ $247.19Feb 11, 2026 @ $259.62Win+1.73R
Falling WedgeJan 2, 2026 @ $244.74Jan 20, 2026 @ $253.19Win+2.74R
Falling WedgeApr 17, 2025 @ $214.03May 21, 2025 @ $245.78Win+2.25R
Falling WedgeJan 21, 2025 @ $244.54Jan 31, 2025 @ $236.18Loss-0.48R
TriangleDec 13, 2024 @ $240.54Jan 23, 2025 @ $248.88Loss-1.13R
TriangleNov 13, 2024 @ $245.30Dec 23, 2024 @ $226.40Win+1.92R
Bullish PennantOct 24, 2024 @ $243.91Dec 18, 2024 @ $230.21Loss-1.02R
TriangleFeb 27, 2024 @ $181.51Mar 7, 2024 @ $192.60Loss-2.59R
TriangleJan 25, 2024 @ $189.56Feb 7, 2024 @ $186.59Loss-0.17R
Falling WedgeNov 1, 2023 @ $143.42Dec 29, 2023 @ $172.02Win+2.56R
TriangleJul 27, 2023 @ $224.75Aug 4, 2023 @ $179.25Loss-3.41R

RMD Support and Resistance Levels

Price is being turned away at a ceiling near $224.40 and starting to slide. On the weekly chart, the next floor below sits near $213.03 — about 5% away.

  • Traders commonly watch $213.03 as a target (its 50% retracement) — think of it as a sensible next stop, not a guarantee.
  • That floor is the first place the slide might steady — worth watching how price behaves as it gets there.
  • There's nothing to act on yet — the spot to watch is right at the $224.40 ceiling, where price is testing it now, not out here in the slide. Chasing once price pulls away tends to be worse odds.

Nearest auto-detected support sits near $222.43, resistance near $270.46. These are chart/swing-derived levels, not formula pivots.

Resistance
$270.46$770.09
Support
$222.43$218.41$213.92$210.47$200.79$186.74$182.69

RMD Recent Daily Prices

DateOpenHighLowClose
Aug 4, 2026$212.26$223.21$210.93$223.14
Aug 3, 2026$214.00$217.57$212.86$215.19
Jul 31, 2026$206.72$211.78$205.22$210.98
Jul 30, 2026$210.50$211.42$206.59$208.56
Jul 29, 2026$208.58$215.20$207.79$214.29
Jul 28, 2026$206.17$210.11$204.60$208.96
Jul 27, 2026$197.29$203.58$195.80$203.08
Jul 24, 2026$194.27$197.60$194.23$195.27
Jul 23, 2026$191.55$192.55$190.21$191.89
Jul 22, 2026$196.94$197.08$191.67$192.91

RMD Frequently Asked Questions

What chart pattern is RMD forming right now?
As of Aug 4, 2026, TradingPal's detector identifies a falling wedge on Resmed (RMD) on the daily chart, with a measured-move target of $270.79.
Is a falling wedge bullish or bearish?
The falling wedge detected on RMD is a bullish pattern, projecting a measured-move target of $270.79. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a falling wedge pattern, and what is its win rate?
Across TradingPal's backtest of the falling wedge family (8,465 trades over 631 symbols), it resolved in the expected direction 56.2% of the time with an average of +0.55R. These are historical statistics, not a prediction.
What are the support and resistance levels for RMD?
Based on auto-detected, swing-derived levels (as of Aug 4, 2026), RMD's nearest support is around $222.43 and nearest resistance around $270.46.
What is the price target if RMD's pattern breaks out?
The detected falling wedge has a geometry-based measured-move target of $270.79 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was RMD's closing price on Aug 4, 2026?
Resmed (RMD) last closed at $223.14 on Aug 4, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.