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(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 2024-10-24 View latest technical analysis

10 day averaged volume of Globus Medical is 876630

Date	Daily Closing Price	Open	High	Low	Volume
24 Thu Oct 2024	73.64	73.88	74.46	73.46	0.475 times
23 Wed Oct 2024	73.89	73.19	73.95	72.81	0.703 times
22 Tue Oct 2024	73.33	73.14	73.54	72.19	0.537 times
21 Mon Oct 2024	73.49	72.85	74.00	72.72	0.692 times
18 Fri Oct 2024	72.85	74.15	74.15	71.93	1.268 times
17 Thu Oct 2024	73.92	74.50	74.86	73.33	1.107 times
16 Wed Oct 2024	74.88	74.37	75.98	74.12	1.689 times
15 Tue Oct 2024	74.05	71.44	74.13	71.04	2.003 times
14 Mon Oct 2024	71.19	70.94	71.24	70.30	0.461 times
11 Fri Oct 2024	70.57	70.23	71.60	69.95	0.865 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 73.5, but if it comes below 73.5, then a intra day sell could be more profitable.
If you take a sell trade below 73.5, then use 73.5 as stoploss and 71.76 as target. However if you take a buy trade in stock , then use 73.5 as stoploss and 75.5 as target.

Share price targets for Globus Medical (GMED)

Target Type	Value
Downside Target	63.61
Downside Target	67.36
Downside Target	72.19
Downside Target	72.25
Downside Target	72.47
Downside Target	72.94
Upside Target	74.16
Upside Target	74.21
Upside Target	74.46
Upside Target	75.98

Intraday share price targets for Globus Medical (GMED)

Target Type	Value
Downside Intraday Target	72.4
Downside Intraday Target	71.16
Upside Intraday Target	74.67
Upside Intraday Target	75.7
Downside Intraday Target	73.43

Weekly technical analysis of Globus Medical (GMED)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Thu Oct 2024	73.64	72.85	74.46	72.19	0.369 times
18 Fri Oct 2024	72.85	70.94	75.98	70.30	2.221 times
11 Fri Oct 2024	70.57	70.32	71.60	69.21	0.993 times
04 Fri Oct 2024	70.66	70.47	72.47	69.01	0.828 times
27 Fri Sep 2024	70.61	70.80	72.25	69.67	0.822 times

Price has moved up 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
24 Thu Oct 2024	73.64	71.92	75.98	69.01	1.03 times
30 Mon Sep 2024	71.54	72.29	72.94	67.73	0.496 times
30 Fri Aug 2024	72.70	71.57	74.21	63.61	1.388 times
31 Wed Jul 2024	71.96	68.75	74.16	67.36	0.841 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Globus Medical ( (GMED) ) based on a mid to longer 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.

ADX buy sell signal for Globus Medical stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Globus Medical in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a buy signal for Globus Medical in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 73.47 and Globus Medical (GMED) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive returns over a short term period. Returns for a longer term period have been positive

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