ResMed is a holding company. Through its operating subsidiaries, Co. is engaged in the development, manufacturing, distribution and marketing of medical devices and cloud-based software solutions that diagnose, treat and manage respiratory disorders, including sleep apnea, chronic obstructive pulmonary disease, neuromuscular disease and other chronic diseases. Sleep apnea includes obstructive sleep apnea and other respiratory disorders that occur during sleep. Co.'s portfolio of products includes devices, diagnostic products, mask systems, headgear and other accessories, dental devices, portable oxygen concentrators and cloud-based software informatics solutions.
When researching a stock like ResMed, many investors are the most familiar with Fundamental Analysis — looking at a company's balance sheet, earnings, revenues, and what's happening in that company's underlying business. Investors who use Fundamental Analysis to identify good stocks to buy or sell can also benefit from RMD Technical Analysis to help find a good entry or exit point. Technical Analysis is blind to the fundamentals and looks only at the trading data for RMD stock — the real life supply and demand for the stock over time — and examines that data in different ways. One of those ways is to calculate a Simpe Moving Average ("SMA") by looking back a certain number of days. One of the most popular "longer look-backs" is the RMD 200 day moving average ("RMD 200 DMA"), while one of the most popular "shorter look-backs" is the RMD 50 day moving average ("RMD 50 DMA"). A chart showing both of these popular moving averages is shown on this page for ResMed. |
Video: Technical Analysis