(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.
10 day averaged volume of Globus Medical is 939580
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Wed May 2024 | 61.73 | 58.20 | 65.74 | 58.20 | 7.091 times |
| 07 Tue May 2024 | 51.36 | 50.56 | 51.87 | 50.31 | 1.949 times |
| 06 Mon May 2024 | 50.27 | 52.48 | 52.56 | 50.00 | 1.869 times |
| 03 Fri May 2024 | 51.95 | 51.19 | 51.96 | 50.89 | 1.13 times |
| 02 Thu May 2024 | 50.48 | 50.75 | 50.75 | 50.05 | 0.753 times |
| 01 Wed May 2024 | 50.43 | 49.60 | 51.29 | 49.33 | 0.955 times |
| 30 Tue Apr 2024 | 49.79 | 50.32 | 50.75 | 49.77 | 0.553 times |
| 29 Mon Apr 2024 | 50.61 | 50.63 | 51.27 | 50.60 | 0.617 times |
| 26 Fri Apr 2024 | 50.55 | 50.60 | 51.07 | 50.55 | 0.58 times |
| 25 Thu Apr 2024 | 50.37 | 51.34 | 51.40 | 50.02 | 0.653 times |
Stock of Globus Medical (GMED) has showed a significant upmove. This could be a good time to enter in this stock!
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 56.9, for a target of 54 or 51.58
Share price targets for Globus Medical (GMED)
| Target Type | Value |
| Downside Target | 49.33 |
| Downside Target | 51.99 |
| Downside Target | 52.84 |
| Downside Target | 54.16 |
| Downside Target | 56.00 |
| Downside Target | 57.38 |
| Downside Target | 57.46 |
| Upside Target | 65.74 |
Intraday share price targets for Globus Medical (GMED)
| Target Type | Value |
| Downside Intraday Target | 52.57 |
| Downside Intraday Target | 43.42 |
| Upside Intraday Target | 68.31 |
| Upside Intraday Target | 74.9 |
| Downside Intraday Target | 59.16 |
Weekly technical analysis of Globus Medical (GMED)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Wed May 2024 | 61.73 | 52.48 | 65.74 | 50.00 | 2.721 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 up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Globus Medical (GMED)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 08 Wed May 2024 | 61.73 | 49.60 | 65.74 | 49.33 | 0.664 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 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 short 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 short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 moving up
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
Stock of Globus Medical is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 55.58 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.
Price action analysis of Globus Medical ( (GMED) ) based on a short 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 short 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 short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 moving up
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
Stock of Globus Medical is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 55.58 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.