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(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 2024-06-06 View latest technical analysis

10 day averaged volume of Globus Medical is 790970

Date	Daily Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	66.18	65.92	66.66	65.12	0.749 times
05 Wed Jun 2024	66.31	66.43	66.48	65.42	0.844 times
04 Tue Jun 2024	66.20	66.50	66.89	65.73	1.164 times
03 Mon Jun 2024	66.70	67.04	67.89	66.06	1.345 times
31 Fri May 2024	67.11	66.75	67.52	66.65	1.236 times
30 Thu May 2024	66.59	65.45	66.88	65.36	1.079 times
29 Wed May 2024	65.27	64.91	65.53	64.43	0.791 times
28 Tue May 2024	65.49	65.88	66.18	65.47	0.73 times
24 Fri May 2024	65.82	65.48	66.23	65.21	0.805 times
23 Thu May 2024	65.39	67.10	67.26	65.05	0.793 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 66.7 as stoploss in an intra day sell trade for a target of 65.48. However, stock will show a bullish move above 66.7.

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	65.28
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	64.9
Downside Intraday Target	63.63
Upside Intraday Target	67.67
Upside Intraday Target	69.17
Upside Intraday Target	66.4

Weekly technical analysis of Globus Medical (GMED)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	66.18	67.04	67.89	65.12	1.069 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
06 Thu Jun 2024	66.18	67.04	67.89	65.12	0.113 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 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 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 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 Weak 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 and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 66.21 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.