(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 2024-08-07 View latest technical analysis
10 day averaged volume of Conmed Corporation is 651698
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Wed Aug 2024 | 66.45 | 65.90 | 67.56 | 65.71 | 0.778 times |
| 06 Tue Aug 2024 | 65.42 | 65.32 | 66.55 | 64.82 | 0.675 times |
| 05 Mon Aug 2024 | 65.63 | 67.14 | 68.04 | 65.43 | 0.831 times |
| 02 Fri Aug 2024 | 68.67 | 64.48 | 68.93 | 64.48 | 1.11 times |
| 01 Thu Aug 2024 | 65.34 | 63.40 | 67.18 | 62.52 | 1.886 times |
| 31 Wed Jul 2024 | 69.04 | 69.47 | 70.40 | 67.57 | 1.379 times |
| 30 Tue Jul 2024 | 69.52 | 69.96 | 71.71 | 68.90 | 1.144 times |
| 29 Mon Jul 2024 | 70.08 | 71.22 | 71.99 | 70.02 | 0.87 times |
| 26 Fri Jul 2024 | 71.00 | 71.00 | 71.71 | 70.32 | 0.633 times |
| 25 Thu Jul 2024 | 70.60 | 71.74 | 74.11 | 70.54 | 0.85 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 67, but if it comes above 67, then a intra day buy could be more profitable.
If you take a sell trade below 67, then use 67 as stoploss and 64 as target. However if you take a buy trade in stock , then use 67 as stoploss and 69.57 as target.
Share price targets for Conmed Corporation (CNMD)
| Target Type | Value |
| Downside Target | 61.05 |
| Downside Target | 62.52 |
| Downside Target | 64.82 |
| Downside Target | 66.19 |
| Upside Target | 69.66 |
| Upside Target | 71.99 |
| Upside Target | 74.84 |
| Upside Target | 75.43 |
| Upside Target | 77.68 |
| Upside Target | 78.58 |
| Upside Target | 80.65 |
Intraday share price targets for Conmed Corporation (CNMD)
| Target Type | Value |
| Downside Intraday Target | 64.83 |
| Downside Intraday Target | 63.22 |
| Upside Intraday Target | 68.05 |
| Upside Intraday Target | 69.66 |
| Downside Intraday Target | 66.44 |
Weekly technical analysis of Conmed Corporation (CNMD)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Wed Aug 2024 | 66.45 | 67.14 | 68.04 | 64.82 | 0.357 times |
| 02 Fri Aug 2024 | 68.67 | 71.22 | 71.99 | 62.52 | 1.891 times |
| 26 Fri Jul 2024 | 71.00 | 71.39 | 74.84 | 69.29 | 0.84 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 |
Price has moved down 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 |
| 07 Wed Aug 2024 | 66.45 | 63.40 | 68.93 | 62.52 | 0.343 times |
| 31 Wed Jul 2024 | 69.04 | 69.07 | 75.43 | 63.55 | 1.181 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 |
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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
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 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 Conmed Corporation stock for short term is SELL. Signal strength is Weak and stock is losing 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 and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Conmed Corporation is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 67.99 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.
Price action analysis of Conmed Corporation ( (CNMD) ) based on a short 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.
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 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 Conmed Corporation stock for short term is SELL. Signal strength is Weak and stock is losing 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 and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Conmed Corporation is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 67.99 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.