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(CNMD) Conmed Corporation complete technical analysis [charts+indicators] | Buy/Sell Conmed Corporation | (CNMD) share price targets

Complete technical analysis of Conmed Corporation (CNMD) by charts plus indicators, forecast predictions and share price targets for Conmed Corporation (CNMD)

Conmed Corporation trades in USA in Health Care sector.

Showing technical analysis as on 2024-10-25 View latest technical analysis

10 day averaged volume of Conmed Corporation is 340960

Date	Daily Closing Price	Open	High	Low	Volume
25 Fri Oct 2024	62.15	62.41	63.15	61.65	1.102 times
24 Thu Oct 2024	62.31	62.51	63.63	62.01	0.715 times
23 Wed Oct 2024	62.30	62.89	62.90	61.71	0.871 times
22 Tue Oct 2024	63.05	64.02	64.02	62.98	0.877 times
21 Mon Oct 2024	63.84	66.22	66.22	63.72	1.152 times
18 Fri Oct 2024	66.38	65.30	66.61	65.11	0.914 times
17 Thu Oct 2024	64.72	65.48	66.67	64.64	0.931 times
16 Wed Oct 2024	65.48	64.91	67.37	64.69	1.022 times
15 Tue Oct 2024	64.81	64.34	65.63	63.96	1.081 times
14 Mon Oct 2024	64.59	63.99	65.13	62.87	1.357 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 62.4, but if it comes above 62.4, then a intra day buy could be more profitable.
If you take a sell trade below 62.4, then use 62.4 as stoploss and 59.6 as target. However if you take a buy trade in stock , then use 62.4 as stoploss and 64.86 as target.

Share price targets for Conmed Corporation (CNMD)

Target Type	Value
Downside Target	61.45
Upside Target	65.97
Upside Target	70.09
Upside Target	71.95
Upside Target	73.28
Upside Target	74.84
Upside Target	75.43
Upside Target	76.25
Upside Target	77.27
Upside Target	78.19
Upside Target	78.58

Intraday share price targets for Conmed Corporation (CNMD)

Target Type	Value
Downside Intraday Target	60.46
Downside Intraday Target	58.77
Upside Intraday Target	65.03
Upside Intraday Target	67.91
Upside Intraday Target	63.34

Weekly technical analysis of Conmed Corporation (CNMD)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Fri Oct 2024	62.15	66.22	66.22	61.65	0.889 times
18 Fri Oct 2024	66.38	63.99	67.37	62.87	0.775 times
11 Fri Oct 2024	64.02	66.29	66.41	61.45	1.063 times
04 Fri Oct 2024	66.59	74.61	76.25	65.97	1.336 times
27 Fri Sep 2024	74.76	75.67	77.27	73.28	0.853 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Conmed Corporation (CNMD)

Date	Monthly Closing Price	Open	High	Low	Volume
25 Fri Oct 2024	62.15	71.76	71.95	61.45	0.96 times
30 Mon Sep 2024	71.92	72.75	78.19	70.09	0.84 times
30 Fri Aug 2024	73.22	63.40	74.84	62.52	0.925 times
31 Wed Jul 2024	69.04	69.07	75.43	63.55	1.181 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Conmed Corporation (CNMD)

Price action analysis of Conmed Corporation ( (CNMD) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Conmed Corporation ( (CNMD) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Conmed Corporation ( (CNMD) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Conmed Corporation stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Conmed Corporation in short term and the sell signal is strong.

Conmed Corporation Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Conmed Corporation in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Conmed Corporation is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 64.03 and Conmed Corporation (CNMD) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Conmed Corporation (CNMD) stock. Volume based technical analysis of Conmed Corporation (CNMD) stock is negative.

Conmed Corporation Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.