(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 2024-04-10 View latest technical analysis
10 day averaged volume of Globus Medical is 977850
| Date | Daily Closing Price | Open | High | Low | Volume |
| 10 Wed Apr 2024 | 53.11 | 52.88 | 53.51 | 52.44 | 0.631 times |
| 09 Tue Apr 2024 | 53.68 | 53.36 | 53.73 | 53.13 | 0.695 times |
| 08 Mon Apr 2024 | 53.17 | 52.08 | 53.40 | 51.86 | 1.315 times |
| 05 Fri Apr 2024 | 51.83 | 51.02 | 51.87 | 50.95 | 0.899 times |
| 04 Thu Apr 2024 | 51.22 | 52.77 | 52.87 | 51.13 | 1.153 times |
| 03 Wed Apr 2024 | 52.34 | 51.70 | 52.71 | 51.28 | 1.185 times |
| 02 Tue Apr 2024 | 51.82 | 52.52 | 52.60 | 51.48 | 0.785 times |
| 01 Mon Apr 2024 | 53.13 | 53.78 | 54.04 | 52.47 | 1.448 times |
| 28 Thu Mar 2024 | 53.64 | 53.00 | 53.98 | 52.91 | 0.782 times |
| 27 Wed Mar 2024 | 53.06 | 52.00 | 53.26 | 51.88 | 0.894 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 53.4 as stoploss in an intra day sell trade for a target of 52.4. However, stock will show a bullish move above 53.4.
Share price targets for Globus Medical (GMED)
| Target Type | Value |
| Downside Target | 44.02 |
| Downside Target | 50.87 |
| Upside Target | 53.58 |
| Upside Target | 53.98 |
| Upside Target | 54.04 |
| 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 | 52.07 |
| Downside Intraday Target | 51.03 |
| Upside Intraday Target | 53.94 |
| Upside Intraday Target | 54.77 |
| Downside Intraday Target | 52.9 |
Weekly technical analysis of Globus Medical (GMED)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 10 Wed Apr 2024 | 53.11 | 52.08 | 53.73 | 51.86 | 0.483 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 |
| 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 |
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 |
| 10 Wed Apr 2024 | 53.11 | 53.78 | 54.04 | 50.95 | 0.378 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 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 Globus Medical ( (GMED) ) 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 Globus Medical ( (GMED) ) 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 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 BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Globus Medical 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.
Globus Medical Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Globus Medical in short term but SELL 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
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 52.66 and Globus Medical (GMED) 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 Globus Medical (GMED) stock. Volume based technical analysis of Globus Medical (GMED) stock is negative.
Globus Medical Stock is giving positive 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 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 Globus Medical ( (GMED) ) 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 Globus Medical ( (GMED) ) 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 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 BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Globus Medical 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.
Globus Medical Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Globus Medical in short term but SELL 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
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 52.66 and Globus Medical (GMED) 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 Globus Medical (GMED) stock. Volume based technical analysis of Globus Medical (GMED) stock is negative.
Globus Medical Stock is giving positive 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.