Resmed(RMD)
Auto-detected technical analysis for RMD · data as of Jul 22, 2026. The chart above is live; the read below updates daily.
RMD is currently forming a falling wedge on the daily timeframe. Detected Jul 22, 2026.
A falling wedge usually breaks higher, but RMD is breaking lower out of it instead — a notably bearish turn. A breakout projects a measured-move target near $198.15 (−8.6%). Across 10,683 backtested falling wedges, the setup followed through 56.4% of the time, averaging +0.52R; RMD's own falling wedges have hit 56.0%.
New to this pattern? What a falling wedge is and how to trade it →
RMD's most recent completed falling wedge (which broke against type) resolved as a win: it broke down on Apr 28, 2026 near $216.08, then reached its target at $198.15 on May 29, 2026 — a 8.3% move (+0.41R) over 22 sessions. Across 107 backtested falling wedges, this setup wins 48.6% of the time.
Historical pattern statistics (1987-01-30 – 2026-07-17), not a prediction.
Every completed pattern trade our nightly backtest found on RMD's daily chart, newest first — wins and losses alike.
| Pattern | Entry | Exit | Outcome | Result |
|---|---|---|---|---|
| Falling Wedge | Apr 28, 2026 @ $216.08 | May 29, 2026 @ $198.15 | Win | +8.6% · +0.41R |
| Rising Wedge | Feb 4, 2026 @ $263.42 | Mar 11, 2026 @ $240.15 | Loss | +7.9% · -1.28R |
| Falling Wedge | Jan 5, 2026 @ $247.19 | Feb 11, 2026 @ $259.62 | Win | +9.5% · +1.73R |
| Falling Wedge | Nov 25, 2025 @ $251.59 | Dec 31, 2025 @ $240.87 | Loss | +7.7% · -1.10R |
| Falling Wedge | Apr 21, 2025 @ $213.14 | May 21, 2025 @ $245.78 | Win | +8.2% · +2.93R |
| Triangle | Dec 12, 2024 @ $241.69 | Jan 23, 2025 @ $248.88 | Loss | +9.1% · -1.15R |
| Bullish Pennant | Oct 24, 2024 @ $243.91 | Dec 18, 2024 @ $230.21 | Loss | +10.2% · -1.02R |
| Triangle | Jan 25, 2024 @ $189.56 | Feb 7, 2024 @ $186.59 | Loss | +8.7% · -0.17R |
| Falling Wedge | Nov 1, 2023 @ $143.42 | Dec 29, 2023 @ $172.02 | Win | +14.6% · +2.56R |
| Triangle | Jul 27, 2023 @ $224.75 | Aug 4, 2023 @ $179.25 | Loss | +6.7% · -3.41R |
| Falling Wedge | Mar 27, 2023 @ $214.63 | Apr 26, 2023 @ $223.92 | Win | +8.5% · +0.89R |
| Falling Wedge | Jan 17, 2023 @ $225.69 | Aug 4, 2023 @ $179.25 | Loss | +13.3% · -1.96R |
Historical examples from the published simulation. This selection is not a win-rate sample.
Price is bouncing off a floor near $191.95 and starting to climb. On the weekly chart, the next ceiling overhead sits near $265.15 — about 37% away.
| Date | Open | High | Low | Close |
|---|---|---|---|---|
| Jul 22, 2026 | $196.94 | $197.08 | $191.67 | $192.91 |
| Jul 21, 2026 | $194.60 | $198.23 | $194.00 | $195.80 |
| Jul 20, 2026 | $196.94 | $198.73 | $194.52 | $198.61 |
| Jul 17, 2026 | $201.19 | $203.04 | $198.22 | $198.99 |
| Jul 16, 2026 | $196.49 | $203.88 | $195.09 | $202.76 |
| Jul 15, 2026 | $194.61 | $199.56 | $194.06 | $198.57 |
| Jul 14, 2026 | $193.31 | $195.05 | $190.76 | $193.01 |
| Jul 13, 2026 | $193.72 | $200.55 | $190.25 | $198.50 |
| Jul 10, 2026 | $208.61 | $209.36 | $203.40 | $203.87 |
| Jul 9, 2026 | $206.39 | $209.33 | $205.00 | $208.45 |
Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.