Resmed (RMD) Chart Patterns, Support & Resistance & Technical Analysis
Auto-detected technical analysis for RMD · data as of Jun 25, 2026. The chart above is live; the read below updates daily.
$198.60last close · Jun 25, 2026
RMD Bullish Pennant Pattern
No chart pattern is currently detected on RMD. The most recent was a Bullish Pennant, detected Mar 5, 2026.
A Bullish Pennant is a brief, tidy pause that typically continues the move higher. It projects a measured-move target near $280.41 (+10.6%). Across 13,034 backtested bullish pennants, the setup followed through 55.2% of the time, averaging +0.58R; RMD's own bullish pennants have hit 78.9%.
RMD's most recent completed Rising Wedge resolved as a loss: it broke higher on Feb 5, 2026 near $267.05, then was stopped out at $240.15 on Mar 11, 2026 — a -1.23R move (10.1%) over 23 sessions. Across 90 backtested rising wedges, this setup wins 53.3% of the time.
OutcomeLossResult-1.23REntry$267.05Exit$240.15
How Bullish Pennants have performed
Win rate
55.2%
Avg return
+0.58R
Backtested trades
13,034
RMD win rate
78.9%
Historical pattern statistics (1986-11-26 – 2026-06-08), not a prediction.
RMD support and resistance levels
The weekly read is leaning higher. Price eased down into a floor near $192.37 about a week ago, and the rules still favor a move higher from here.
What started it: Price only had to touch that floor at some point during the week — it didn't need to close there.
What would call it off: Two weekly closes back below $191.21 — a touch below the $192.37 floor, the room the read is given before it's wrong.
Where it has room to go: There's room toward its measured target — the first price above where the move is likely to pause.
It's already come a long way in that direction.
Nearest auto-detected support sits near $191.38, resistance near $276.33. These are chart/swing-derived levels, not formula pivots.
No pattern is currently detected on RMD. The most recent was a Bullish Pennant, detected Mar 5, 2026.
Is a Bullish Pennant bullish or bearish?
The Bullish Pennant detected on RMD is a bullish pattern, projecting a measured-move target of $280.41. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a Bullish Pennant pattern, and what is its win rate?
Across TradingPal's backtest of the Bullish Pennant family (13,034 trades over 516 symbols), it resolved in the expected direction 55.2% of the time with an average of +0.58R. 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 Jun 25, 2026), RMD's nearest support is around $191.38 and nearest resistance around $276.33.
What is the price target if RMD's pattern breaks out?
The detected Bullish Pennant has a geometry-based measured-move target of $280.41 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was RMD's closing price on Jun 25, 2026?
Resmed (RMD) last closed at $198.60 on Jun 25, 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.
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