(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 2024-05-30 View latest technical analysis
10 day averaged volume of Conmed Corporation is 440971
Date | Daily Closing Price | Open | High | Low | Volume |
30 Thu May 2024 | 75.68 | 74.68 | 75.94 | 74.68 | 0.941 times |
29 Wed May 2024 | 74.24 | 73.54 | 74.56 | 73.54 | 1.154 times |
28 Tue May 2024 | 74.52 | 74.14 | 74.75 | 73.11 | 0.866 times |
24 Fri May 2024 | 74.07 | 73.32 | 74.31 | 72.81 | 0.553 times |
23 Thu May 2024 | 73.09 | 74.48 | 74.49 | 72.34 | 0.865 times |
22 Wed May 2024 | 74.98 | 74.59 | 75.93 | 74.59 | 1.094 times |
21 Tue May 2024 | 74.86 | 75.04 | 75.56 | 74.29 | 0.874 times |
20 Mon May 2024 | 75.31 | 74.62 | 75.74 | 73.91 | 0.716 times |
17 Fri May 2024 | 74.72 | 75.73 | 76.16 | 74.67 | 0.944 times |
16 Thu May 2024 | 75.50 | 74.50 | 76.41 | 74.50 | 1.637 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 75.1, but if it comes below 75.1, then a intra day sell could be more profitable.
If you take a sell trade below 75.1, then use 75.1 as stoploss and 73.1 as target. However if you take a buy trade in stock , then use 75.1 as stoploss and 77.4 as target.
Share price targets for Conmed Corporation (CNMD)
Target Type | Value |
Downside Target | 61.05 |
Downside Target | 65.48 |
Downside Target | 68.52 |
Downside Target | 71.35 |
Downside Target | 74.67 |
Upside Target | 76.41 |
Upside Target | 78.95 |
Upside Target | 80.65 |
Upside Target | 86.96 |
Upside Target | 88.60 |
Upside Target | 91.05 |
Upside Target | 113.68 |
Intraday share price targets for Conmed Corporation (CNMD)
Target Type | Value |
Downside Intraday Target | 73.88 |
Downside Intraday Target | 72.08 |
Upside Intraday Target | 76.71 |
Upside Intraday Target | 77.74 |
Downside Intraday Target | 74.91 |
Weekly technical analysis of Conmed Corporation (CNMD)
Date | Weekly Closing Price | Open | High | Low | Volume |
30 Thu May 2024 | 75.68 | 74.14 | 75.94 | 73.11 | 0.722 times |
24 Fri May 2024 | 74.07 | 74.62 | 75.93 | 72.34 | 0.667 times |
17 Fri May 2024 | 74.72 | 71.83 | 76.41 | 71.35 | 1.621 times |
10 Fri May 2024 | 71.16 | 72.08 | 72.21 | 68.52 | 0.535 times |
03 Fri May 2024 | 71.76 | 66.10 | 71.86 | 65.48 | 0.537 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 |
30 Thu May 2024 | 75.68 | 67.77 | 76.41 | 66.19 | 0.663 times |
30 Tue Apr 2024 | 67.98 | 80.08 | 80.65 | 61.05 | 1.437 times |
28 Thu Mar 2024 | 80.08 | 80.24 | 86.96 | 74.67 | 0.685 times |
29 Thu Feb 2024 | 80.32 | 83.75 | 88.60 | 78.95 | 1.218 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 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 Conmed Corporation ( (CNMD) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
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 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 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 but the buy signal is initial and weak.
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 green color and prices are above the green 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 positive zone. This is a BUY 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 74.77 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 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 Conmed Corporation ( (CNMD) ) 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 Conmed Corporation ( (CNMD) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
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 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 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 but the buy signal is initial and weak.
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 green color and prices are above the green 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 positive zone. This is a BUY 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 74.77 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.