(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.
Showing technical analysis as on 2024-04-04 View latest technical analysis
10 day averaged volume of Globus Medical is 923410
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Thu Apr 2024 | 51.22 | 52.77 | 52.87 | 51.13 | 1.22 times |
| 03 Wed Apr 2024 | 52.34 | 51.70 | 52.71 | 51.28 | 1.255 times |
| 02 Tue Apr 2024 | 51.82 | 52.52 | 52.60 | 51.48 | 0.831 times |
| 01 Mon Apr 2024 | 53.13 | 53.78 | 54.04 | 52.47 | 1.533 times |
| 28 Thu Mar 2024 | 53.64 | 53.00 | 53.98 | 52.91 | 0.828 times |
| 27 Wed Mar 2024 | 53.06 | 52.00 | 53.26 | 51.88 | 0.947 times |
| 26 Tue Mar 2024 | 51.62 | 51.41 | 51.86 | 50.91 | 0.894 times |
| 25 Mon Mar 2024 | 51.15 | 52.12 | 52.26 | 50.87 | 0.902 times |
| 22 Fri Mar 2024 | 52.02 | 52.60 | 52.73 | 51.87 | 0.93 times |
| 21 Thu Mar 2024 | 52.13 | 52.22 | 52.51 | 51.38 | 1.04 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 51.4, but if it comes above 51.4, then a intra day buy could be more profitable.
If you take a sell trade below 51.4, then use 51.4 as stoploss and 49.6 as target. However if you take a buy trade in stock , then use 51.4 as stoploss and 52.82 as target.
Share price targets for Globus Medical (GMED)
| Target Type | Value |
| Downside Target | 44.02 |
| Downside Target | 50.87 |
| Upside Target | 53.41 |
| Upside Target | 54.04 |
| Upside Target | 54.81 |
| Upside Target | 55.80 |
| 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 | 50.22 |
| Downside Intraday Target | 49.22 |
| Upside Intraday Target | 53.13 |
| Upside Intraday Target | 55.04 |
| Upside Intraday Target | 52.13 |
Weekly technical analysis of Globus Medical (GMED)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Thu Apr 2024 | 51.22 | 53.78 | 54.04 | 51.13 | 1.355 times |
| 28 Thu Mar 2024 | 53.64 | 52.12 | 53.98 | 50.87 | 0.627 times |
| 22 Fri Mar 2024 | 52.02 | 53.47 | 53.58 | 51.00 | 0.678 times |
| 15 Fri Mar 2024 | 51.40 | 55.13 | 56.00 | 51.03 | 1.934 times |
| 08 Fri Mar 2024 | 55.36 | 54.53 | 55.80 | 53.41 | 0.731 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 Globus Medical (GMED)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 04 Thu Apr 2024 | 51.22 | 53.78 | 54.04 | 51.13 | 0.213 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 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 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 Globus Medical ( (GMED) ) based on a short to mid 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 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 Weak and stock is losing momentum.
MACD generated a SELL signal for Globus Medical in short term and the sell signal is strong.
Globus Medical 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 coming down
CCI has generated a SELL signal for Globus Medical in short term and SELL signal is strong!
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 Globus Medical is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 52.24 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 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 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 Globus Medical ( (GMED) ) based on a short to mid 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 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 Weak and stock is losing momentum.
MACD generated a SELL signal for Globus Medical in short term and the sell signal is strong.
Globus Medical 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 coming down
CCI has generated a SELL signal for Globus Medical in short term and SELL signal is strong!
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 Globus Medical is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 52.24 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.