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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 2024-07-10 View latest technical analysis

10 day averaged volume of Conmed Corporation is 317370

Date	Daily Closing Price	Open	High	Low	Volume
10 Wed Jul 2024	65.25	64.45	65.32	63.80	1 times
09 Tue Jul 2024	64.09	66.10	66.41	63.55	1.329 times
08 Mon Jul 2024	66.10	68.90	69.66	65.63	1.377 times
05 Fri Jul 2024	68.86	67.65	69.46	66.93	1.154 times
03 Wed Jul 2024	67.51	67.50	67.71	66.59	0.434 times
03 Wed Jul 2024	67.51	67.50	67.71	66.59	0.434 times
02 Tue Jul 2024	67.04	67.27	67.63	65.89	0.701 times
01 Mon Jul 2024	66.99	69.07	70.40	66.88	1.009 times
28 Fri Jun 2024	69.32	68.04	69.40	67.66	2.122 times
27 Thu Jun 2024	67.50	67.43	67.88	66.77	0.712 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 65.9, but if it comes above 65.9, then a intra day buy could be more profitable.
If you take a sell trade below 65.9, then use 65.9 as stoploss and 63.6 as target. However if you take a buy trade in stock , then use 65.9 as stoploss and 67.81 as target.

Share price targets for Conmed Corporation (CNMD)

Target Type	Value
Downside Target	61.05
Downside Target	63.55
Upside Target	65.89
Upside Target	69.46
Upside Target	70.28
Upside Target	70.40
Upside Target	74.67
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	62.65
Downside Intraday Target	60.04
Upside Intraday Target	68.76
Upside Intraday Target	72.26
Upside Intraday Target	66.15

Weekly technical analysis of Conmed Corporation (CNMD)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Wed Jul 2024	65.25	68.90	69.66	63.55	2.335 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
28 Fri Jun 2024	69.32	67.96	69.88	66.27	0.986 times
21 Fri Jun 2024	67.10	69.75	70.28	66.28	1.531 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Conmed Corporation (CNMD)

Date	Monthly Closing Price	Open	High	Low	Volume
10 Wed Jul 2024	65.25	69.07	70.40	63.55	0.278 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 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 Conmed Corporation (CNMD)

Price action analysis of Conmed Corporation ( (CNMD) ) 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 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 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 Conmed Corporation ( (CNMD) ) based on a mid to longer term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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

MACD generated a SELL signal for Conmed Corporation in short term and the sell signal is strong.

Conmed Corporation Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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 Conmed Corporation in short term but BUY signal is weak.

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 67.1 and Conmed Corporation (CNMD) 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 Conmed Corporation (CNMD) stock. Volume based technical analysis of Conmed Corporation (CNMD) stock is negative.

Conmed Corporation 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.