(GMED) Globus Medical complete technical analysis [charts+indicators] | Buy/Sell Globus Medical | (GMED) share price targets
Complete technical analysis of Globus Medical (GMED) by charts plus indicators, forecast predictions and share price targets for Globus Medical (GMED)
Globus Medical trades in USA in Health Care sector.
Showing technical analysis as on 2024-05-06 View latest technical analysis
10 day averaged volume of Globus Medical is 767690
Date | Daily Closing Price | Open | High | Low | Volume |
06 Mon May 2024 | 50.27 | 52.48 | 52.56 | 50.00 | 2.287 times |
03 Fri May 2024 | 51.95 | 51.19 | 51.96 | 50.89 | 1.383 times |
02 Thu May 2024 | 50.48 | 50.75 | 50.75 | 50.05 | 0.922 times |
01 Wed May 2024 | 50.43 | 49.60 | 51.29 | 49.33 | 1.169 times |
30 Tue Apr 2024 | 49.79 | 50.32 | 50.75 | 49.77 | 0.677 times |
29 Mon Apr 2024 | 50.61 | 50.63 | 51.27 | 50.60 | 0.755 times |
26 Fri Apr 2024 | 50.55 | 50.60 | 51.07 | 50.55 | 0.71 times |
25 Thu Apr 2024 | 50.37 | 51.34 | 51.40 | 50.02 | 0.799 times |
24 Wed Apr 2024 | 51.44 | 51.08 | 51.99 | 51.05 | 1.151 times |
23 Tue Apr 2024 | 51.27 | 51.52 | 51.65 | 51.02 | 1.173 times |
Stock of Globus Medical (GMED) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 50.3, but if it comes above 50.3, then a intra day buy could be more profitable.
If you take a sell trade below 50.3, then use 50.3 as stoploss and 49.1 as target. However if you take a buy trade in stock , then use 50.3 as stoploss and 51.26 as target.
Share price targets for Globus Medical (GMED)
Target Type | Value |
Downside Target | 49.33 |
Upside Target | 51.99 |
Upside Target | 52.56 |
Upside Target | 52.84 |
Upside Target | 54.16 |
Upside Target | 56.00 |
Upside Target | 57.38 |
Upside Target | 57.46 |
Intraday share price targets for Globus Medical (GMED)
Target Type | Value |
Downside Intraday Target | 49.33 |
Downside Intraday Target | 48.38 |
Upside Intraday Target | 51.89 |
Upside Intraday Target | 53.5 |
Upside Intraday Target | 50.94 |
Weekly technical analysis of Globus Medical (GMED)
Date | Weekly Closing Price | Open | High | Low | Volume |
06 Mon May 2024 | 50.27 | 52.48 | 52.56 | 50.00 | 0.466 times |
03 Fri May 2024 | 51.95 | 50.63 | 51.96 | 49.33 | 0.963 times |
26 Fri Apr 2024 | 50.55 | 50.66 | 51.99 | 50.02 | 0.776 times |
19 Fri Apr 2024 | 50.35 | 52.22 | 52.84 | 49.94 | 1.237 times |
12 Fri Apr 2024 | 51.67 | 52.08 | 54.16 | 51.32 | 0.761 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 Globus Medical (GMED)
Date | Monthly Closing Price | Open | High | Low | Volume |
06 Mon May 2024 | 50.27 | 49.60 | 52.56 | 49.33 | 0.227 times |
30 Tue Apr 2024 | 49.79 | 53.78 | 54.16 | 49.77 | 0.929 times |
28 Thu Mar 2024 | 53.64 | 53.77 | 56.00 | 50.87 | 0.92 times |
29 Thu Feb 2024 | 53.99 | 52.75 | 57.38 | 51.03 | 0.77 times |
Scroll below to view daily charts
Price has moved up 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 Globus Medical (GMED)
Price action analysis of Globus Medical ( (GMED) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Globus Medical ( (GMED) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Globus Medical ( (GMED) ) 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 Globus Medical ( (GMED) ) 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 Globus Medical stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Globus Medical in short term but the buy signal is initial and weak.
Globus Medical Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
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 Globus Medical in short term but SELL signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 Globus Medical is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 50.76 and Globus Medical (GMED) 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 Globus Medical (GMED) stock. Volume based technical analysis of Globus Medical (GMED) stock is negative.
Globus Medical 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.
Price action analysis of Globus Medical ( (GMED) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Globus Medical ( (GMED) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Globus Medical ( (GMED) ) 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 Globus Medical ( (GMED) ) 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 Globus Medical stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Globus Medical in short term but the buy signal is initial and weak.
Globus Medical Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
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 Globus Medical in short term but SELL signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 Globus Medical is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 50.76 and Globus Medical (GMED) 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 Globus Medical (GMED) stock. Volume based technical analysis of Globus Medical (GMED) stock is negative.
Globus Medical 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.