(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 879080
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Tue Apr 2024 | 51.27 | 51.52 | 51.65 | 51.02 | 1.024 times |
| 22 Mon Apr 2024 | 51.25 | 50.66 | 51.58 | 50.46 | 1.101 times |
| 19 Fri Apr 2024 | 50.35 | 51.03 | 51.56 | 49.94 | 1.205 times |
| 18 Thu Apr 2024 | 50.75 | 51.17 | 51.54 | 50.65 | 1.103 times |
| 17 Wed Apr 2024 | 51.20 | 51.74 | 52.04 | 51.10 | 1.32 times |
| 16 Tue Apr 2024 | 51.79 | 51.74 | 52.02 | 50.75 | 1.242 times |
| 15 Mon Apr 2024 | 51.82 | 52.22 | 52.84 | 51.58 | 0.861 times |
| 12 Fri Apr 2024 | 51.67 | 51.94 | 52.39 | 51.32 | 0.832 times |
| 11 Thu Apr 2024 | 52.47 | 53.79 | 54.16 | 52.33 | 0.861 times |
| 10 Wed Apr 2024 | 53.11 | 52.88 | 53.51 | 52.44 | 0.702 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 51.1 as stoploss in an intra day buy trade for a target of 52.06. However, stock will show a bearish move below 51.1.
Share price targets for Globus Medical (GMED)
| Target Type | Value |
| Downside Target | 44.02 |
| Downside Target | 49.94 |
| Upside Target | 52.84 |
| Upside Target | 53.98 |
| Upside Target | 54.04 |
| Upside Target | 54.16 |
| Upside Target | 54.81 |
| 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 | 50.6 |
| Downside Intraday Target | 49.94 |
| Upside Intraday Target | 51.79 |
| Upside Intraday Target | 52.32 |
| Downside Intraday Target | 51.13 |
Weekly technical analysis of Globus Medical (GMED)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Tue Apr 2024 | 51.27 | 50.66 | 51.65 | 50.46 | 0.371 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 |
| 05 Fri Apr 2024 | 51.83 | 53.78 | 54.04 | 50.95 | 1.622 times |
| 28 Thu Mar 2024 | 53.64 | 52.12 | 53.98 | 50.87 | 0.627 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 |
| 23 Tue Apr 2024 | 51.27 | 53.78 | 54.16 | 49.94 | 0.779 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 |
| 31 Wed Jan 2024 | 52.79 | 53.04 | 57.46 | 51.51 | 1.141 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 Globus Medical (GMED)
Price action analysis of Globus Medical ( (GMED) ) based on a short 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 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 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 Strong and stock is losing momentum.
MACD generated a SELL signal for Globus Medical in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Globus Medical Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Globus Medical in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 51.46 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 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 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 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 Strong and stock is losing momentum.
MACD generated a SELL signal for Globus Medical in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Globus Medical Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Globus Medical in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 51.46 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.