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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 2024-07-23 View latest technical analysis

10 day averaged volume of Conmed Corporation is 439263

Date	Daily Closing Price	Open	High	Low	Volume
23 Tue Jul 2024	73.25	70.66	73.36	70.38	0.981 times
22 Mon Jul 2024	70.62	71.39	71.68	69.29	0.912 times
19 Fri Jul 2024	70.96	71.76	71.76	67.51	1.346 times
18 Thu Jul 2024	71.59	73.14	75.18	71.54	1.112 times
17 Wed Jul 2024	73.60	73.20	75.43	73.20	1.443 times
16 Tue Jul 2024	73.54	69.00	73.88	68.60	1.28 times
15 Mon Jul 2024	68.43	68.34	68.78	67.71	0.785 times
12 Fri Jul 2024	68.34	68.40	69.42	67.59	0.573 times
11 Thu Jul 2024	67.78	66.80	69.05	66.29	0.866 times
10 Wed Jul 2024	65.25	64.45	65.32	63.80	0.723 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 71.4, but if it comes below 71.4, then a intra day sell could be more profitable.
If you take a sell trade below 71.4, then use 71.4 as stoploss and 68.79 as target. However if you take a buy trade in stock , then use 71.4 as stoploss and 74.6 as target.

Share price targets for Conmed Corporation (CNMD)

Target Type	Value
Downside Target	61.05
Downside Target	63.55
Downside Target	65.89
Downside Target	69.29
Upside Target	73.36
Upside Target	74.67
Upside Target	75.43
Upside Target	77.68
Upside Target	78.58
Upside Target	80.65
Upside Target	86.96

Intraday share price targets for Conmed Corporation (CNMD)

Target Type	Value
Downside Intraday Target	70.57
Downside Intraday Target	67.9
Upside Intraday Target	74.64
Upside Intraday Target	76.04
Downside Intraday Target	71.97

Weekly technical analysis of Conmed Corporation (CNMD)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Tue Jul 2024	73.25	71.39	73.36	69.29	0.317 times
19 Fri Jul 2024	70.96	68.34	75.43	67.51	1.449 times
12 Fri Jul 2024	68.34	68.90	69.66	63.55	3.59 times
05 Fri Jul 2024	68.86	67.50	69.46	66.59	0.741 times
03 Wed Jul 2024	67.51	69.07	70.40	65.89	0.365 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 Conmed Corporation (CNMD)

Date	Monthly Closing Price	Open	High	Low	Volume
23 Tue Jul 2024	73.25	69.07	75.43	63.55	0.759 times
28 Fri Jun 2024	69.32	75.06	78.58	66.27	0.867 times
31 Fri May 2024	76.44	67.77	77.68	66.19	0.701 times
30 Tue Apr 2024	67.98	80.08	80.65	61.05	1.437 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 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 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 Conmed Corporation ( (CNMD) ) 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 Conmed Corporation ( (CNMD) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

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

MACD generated a BUY signal for Conmed Corporation 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.

Conmed Corporation 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 stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Conmed Corporation in short term and BUY 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

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 70.9 and Conmed Corporation (CNMD) 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 Conmed Corporation (CNMD) stock. Volume based technical analysis of Conmed Corporation (CNMD) stock is negative.

Conmed Corporation Stock is giving positive 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.