Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-06-04 View latest technical analysis

10 day averaged volume of Globus Medical is 826930

Date	Daily Closing Price	Open	High	Low	Volume
04 Tue Jun 2024	66.20	66.50	66.89	65.73	1.114 times
03 Mon Jun 2024	66.70	67.04	67.89	66.06	1.286 times
31 Fri May 2024	67.11	66.75	67.52	66.65	1.182 times
30 Thu May 2024	66.59	65.45	66.88	65.36	1.032 times
29 Wed May 2024	65.27	64.91	65.53	64.43	0.757 times
28 Tue May 2024	65.49	65.88	66.18	65.47	0.698 times
24 Fri May 2024	65.82	65.48	66.23	65.21	0.77 times
23 Thu May 2024	65.39	67.10	67.26	65.05	0.759 times
22 Wed May 2024	67.15	66.34	67.37	66.11	1.161 times
21 Tue May 2024	66.50	66.03	66.63	65.87	1.053 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 67.8 as stoploss in an intra day sell trade for a target of 64.51. However, stock will show a bullish move above 67.8.

Share price targets for Globus Medical (GMED)

Target Type	Value
Downside Target	49.33
Downside Target	54.16
Downside Target	56.00
Downside Target	57.38
Downside Target	62.13
Downside Target	64.43
Downside Target	65.73
Downside Target	65.74
Upside Target	67.37
Upside Target	67.52
Upside Target	67.89

Intraday share price targets for Globus Medical (GMED)

Target Type	Value
Downside Intraday Target	65.32
Downside Intraday Target	64.45
Upside Intraday Target	67.48
Upside Intraday Target	68.77
Upside Intraday Target	66.61

Weekly technical analysis of Globus Medical (GMED)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Tue Jun 2024	66.20	67.04	67.89	65.73	0.654 times
31 Fri May 2024	67.11	65.88	67.52	64.43	0.727 times
24 Fri May 2024	65.82	66.29	67.37	65.04	0.92 times
17 Fri May 2024	64.40	64.70	65.28	62.13	0.315 times
10 Fri May 2024	64.72	52.48	65.74	50.00	3.826 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 Tue Jun 2024	66.20	67.04	67.89	65.73	0.069 times
31 Fri May 2024	67.11	49.60	67.52	49.33	1.48 times
30 Tue Apr 2024	49.79	53.78	54.16	49.77	0.929 times
28 Thu Mar 2024	53.64	53.77	56.00	50.87	0.92 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Globus Medical stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Globus Medical in short term but the sell signal is initial and weak.

Globus Medical 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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green 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 BUY signal in short term and the buying is gaining 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 66.35 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.