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RMD Stock Analysis

Data source: Trade-Ideas Alerts | 28 alerts analyzed | Backtest period: 2022-02-01 → 2024-04-17

⚠️ Small sample size (28 alerts). Statistics may have high variance. Interpret with caution.

🏢 Company Profile

📍 NYSE 📅 IPO: Jun 02, 1995 🔗 www.resmed.com
💰 Market Cap: $36.84B 👥 Employees: 10,600
ResMed is one of the largest respiratory care device companies globally, primarily developing and supplying flow generators, masks and accessories for the treatment of sleep apnea. Increasing diagnosis of sleep apnea combined with ageing populations and increasing prevalence of obesity is resulting in a structurally growing market. The company earns roughly two thirds of its revenue in the Americas and the balance across other regions dominated by Europe, Japan and Australia. Recent developments and acquisitions have focused on digital health as ResMed is aiming to differentiate itself through the provision of clinical data for use by the patient, medical care advisor and payer in the out-of-hospital setting.
📊
28
Total Alerts
🎯
39.3%
Win Rate (5MIN)
💰
-0.15%
Avg Gain (5MIN)
🚀
+0.65%
Avg MFE (Max Potential)

📈 Performance by Timeframe

5MIN

Win Rate: 39.3%
Avg Gain: -0.15%
Avg Winner: +0.70%
Avg Loser: -0.69%
Best: +1.34%
Worst: -1.68%
Trades: 11/17

15MIN

Win Rate: 28.6%
Avg Gain: -0.56%
Avg Winner: +0.71%
Avg Loser: -1.06%
Best: +1.53%
Worst: -3.27%
Trades: 8/20

30MIN

Win Rate: 32.1%
Avg Gain: -0.53%
Avg Winner: +0.57%
Avg Loser: -1.06%
Best: +1.62%
Worst: -4.31%
Trades: 9/19

60MIN

Win Rate: 35.7%
Avg Gain: -0.83%
Avg Winner: +0.58%
Avg Loser: -1.62%
Best: +1.38%
Worst: -5.70%
Trades: 10/18

EOD (End of Day)

Win Rate: 39.3%
Avg Gain: -0.66%
Avg Winner: +0.87%
Avg Loser: -1.65%
Best: +1.92%
Worst: -5.04%
Trades: 11/17

🚀 Max Favorable / Adverse Excursion (MFE/MAE)

Institutional-grade metrics showing the maximum profit potential and risk for each alert.

📈 MFE (Max Profit Potential)

Average MFE: +0.65%
Best MFE: +2.15%
Avg Time to MFE: 89 min

On average, RMD alerts reach +0.65% profit potential within 89 minutes.

📉 MAE (Max Drawdown Risk)

Average MAE: -0.61%
Worst MAE: -1.82%
Avg Time to MAE: 20 min

Before reaching MFE, expect an average drawdown of 0.61%.

⚖️ Risk/Reward Ratio

1.06:1

Good risk/reward - favorable for momentum trading.

💡 Trading Insight: Based on 28 alerts, RMD typically reaches +0.65% profit before pulling back. Consider setting profit targets around 0.5% to capture most of the move.

🌅 Premarket Gap Analysis (9:25 → 9:30)

Total Gaps Analyzed 28
Gap Up % 32.1%
Avg Gap -0.20%
Best Gap +1.03%

🏭 Sector Comparison: SURGICAL & MEDICAL INSTRUMENTS & APPARATUS

How RMD compares to 88 other tickers in the same sector.

5-Min Gain
RMD: -0.15% Sector: -0.34% +0.19%
EOD Gain
RMD: -0.66% Sector: +38960.46% -38961.12%
Avg MFE
RMD: +0.65% Sector: +8.67% -8.02%

📋 Last 20 Alerts

Historical RMD alerts with performance metrics calculated from 1-minute price data. Each row shows the actual price movement at different timeframes after the alert.

Date Time Price 5min 15min 30min 60min EOD MFE MAE Gap Result
2024-04-17 09:29:59 $181.49 +0.80% -2.96% -2.23% -3.35% -4.22% +1.05% -1.55% +0.28% WIN
2023-11-17 09:29:00 $148.9 +0.70% -0.11% -0.02% +0.44% +0.03% +0.81% -0.26% -0.06% WIN
2023-11-02 09:26:00 $150.12 -0.43% +0.52% +0.23% -0.96% -0.01% +0.69% -0.89% +0.26% LOSS
2023-10-16 09:26:00 $141.7 -0.85% -1.58% -1.19% -1.05% -0.32% -0.01% -0.01% -0.87% LOSS
2023-10-06 09:25:00 $147.0 +0.86% +0.41% -0.32% -0.95% -0.28% +1.64% -0.05% -0.05% WIN
2023-10-05 09:26:00 $148.01 -1.61% -1.46% -1.24% -3.29% -1.68% -0.79% -1.82% -1.34% LOSS
2023-09-28 09:29:00 $153.15 -1.25% -0.96% -0.94% -1.29% -2.02% -0.24% -1.43% -0.97% LOSS
2023-09-25 09:28:00 $136.61 +0.05% +0.40% +0.37% +0.76% +1.23% +1.32% -0.30% -0.30% WIN
2023-09-19 09:27:00 $146.0 -0.33% -0.27% -0.23% -1.08% -1.58% +0.18% -0.63% -0.38% LOSS
2023-08-24 09:26:00 $162.52 -1.17% -2.05% -1.15% -1.55% -1.71% +0.02% -1.43% -0.12% LOSS
2023-08-17 09:25:00 $173.55 -1.41% -3.27% -4.31% -5.70% -5.04% -0.22% -0.23% -0.84% LOSS
2023-08-11 09:26:00 $177.13 +0.56% +0.94% +0.97% +0.89% +1.32% +1.60% +0.27% +0.55% WIN
2023-08-07 09:26:00 $190.75 -0.51% +0.24% -1.39% -2.67% -2.14% +0.65% -0.26% -0.26% LOSS
2023-05-31 09:25:00 $210.31 +0.31% -0.66% -0.82% -0.79% +0.23% +0.80% -1.43% +0.14% WIN
2023-05-02 09:27:00 $234.43 -0.35% -0.20% +0.21% +0.36% +0.64% +0.90% -0.89% - LOSS
2023-03-15 09:28:00 $204.07 +1.34% +1.53% +1.62% +1.38% +1.92% +2.15% +0.67% +1.01% WIN
2023-03-10 09:29:00 $212.12 -0.11% -0.72% -1.05% -1.33% -2.95% +0.20% -0.08% -0.08% LOSS
2023-02-23 09:25:00 $213.99 +0.53% +0.56% +0.86% +0.64% +0.47% +1.13% +0.25% +0.26% WIN
2023-02-22 09:29:00 $215.28 -0.43% -0.28% -0.48% -0.58% -0.60% +0.34% -0.84% -0.33% LOSS
2023-02-21 09:28:00 $216.14 -0.56% -0.54% -0.54% -0.45% -0.40% -0.29% -0.71% -0.71% LOSS

Table Metrics Explained:

  • 5min/15min/30min/60min/EOD: Price change at each timeframe (calculated from real minute-by-minute data)
  • MFE: Maximum Favorable Excursion - highest profit potential reached during the day
  • MAE: Maximum Adverse Excursion - worst drawdown experienced before reaching MFE
  • Gap: Premarket price gap from 9:25 AM to 9:30 AM market open
  • Result: WIN if 5min change > 0%, LOSS otherwise

⚠️ RMD Shows Negative Expectancy

With 39.3% win rate and -0.15% average gain, RMD alerts have historically faded. Use the app to find specific filters that might reverse this pattern, or consider RMD for short-selling strategies.

📉 Turn Negative Expectancy Positive →

Why Analyze RMD with FILTRIX?

🛡️ Realistic Entry Simulation

We don't inflate stats. Our analysis tracks only the first alert of the day for RMD. This simulates a true "Gap & Go" entry at pre-market hours (9:25-9:30 AM), avoiding the trap of chasing a stock that has already extended.

💰 Max Potential (MFE) Analysis

How much is left in the move? On winning days, RMD historically offers an average upside of +0.65% intraday. Our data helps you distinguish between a quick scalp and a runner.

📊 RMD Momentum Personality

With a baseline win rate of 39.3%, RMD shows negative momentum - the stock tends to fade after alerts. This pattern suggests RMD may be better suited for contrarian strategies or avoiding altogether.

⏱️ Optimized Exit Timing

⚠️ Caution Advised: RMD shows negative expectancy across all tested intraday timeframes (Best: 5MIN at -0.15%). This suggests RMD is prone to fading after the open, making it a potential candidate for short-selling or quick scalps only.