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RMD forms NR7 on August 6
RMD posted a 0.28% loss on Thursday, August 6th, accompanied by 1.9× normal trading volume. consolidation patterns formed: NR7 and NR7-2, suggesting a potential continuation after price stabilization. Key support levels exist at 221.7, 219.99 & 217.78, with resistance at 225.62, 227.83 & 229.54. Slow Stochastic readings suggest the stock is currently overbought.
Current SwingTradeBot Technical Rating of RMD: C
Today’s move could mean more—check all the signals for RMD on SwingTradeBot.
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