Chart pattern
RMD chart pattern — ResMed
2 formations detected on the latest close (Nov 06, 2026).
Head and Shoulders · Daily candles
BearishForming
Last close$235.30
Trigger$222.08 (-5.6%)
Pattern spanSep 15, 2026 → 38 bars
Touches5
Fit score87/100
Three peaks with the middle one highest — the best known topping pattern there is. Trigger: A close below the neckline. A right shoulder alone is not a signal. Invalidation: A close above the right shoulder before the neckline breaks, and above the head at any point.
Ascending Channel · Weekly candles
BullishForming
Last close$235.30
Trigger$259.87 (+10.4%)
Upper boundary$259.87
Lower boundary$220.64
Pattern spanAug 07, 2026 → 13 bars
Touches5
Fit score67/100
A steady uptrend held between two parallel rising lines. Trigger: Inside the channel, the lower rail is the buy zone. A close below it warns the trend is breaking; a close above the upper rail is an acceleration. Invalidation: A sustained close below the lower rail.
Automated detection for education and research; not a recommendation. Levels are drawn from split-adjusted daily prices.