(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 2024-06-07 View latest technical analysis
10 day averaged volume of Globus Medical is 754260
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Fri Jun 2024 | 65.12 | 65.12 | 66.03 | 64.91 | 0.788 times |
| 06 Thu Jun 2024 | 66.18 | 65.92 | 66.66 | 65.12 | 0.786 times |
| 05 Wed Jun 2024 | 66.31 | 66.43 | 66.48 | 65.42 | 0.885 times |
| 04 Tue Jun 2024 | 66.20 | 66.50 | 66.89 | 65.73 | 1.221 times |
| 03 Mon Jun 2024 | 66.70 | 67.04 | 67.89 | 66.06 | 1.41 times |
| 31 Fri May 2024 | 67.11 | 66.75 | 67.52 | 66.65 | 1.296 times |
| 30 Thu May 2024 | 66.59 | 65.45 | 66.88 | 65.36 | 1.132 times |
| 29 Wed May 2024 | 65.27 | 64.91 | 65.53 | 64.43 | 0.83 times |
| 28 Tue May 2024 | 65.49 | 65.88 | 66.18 | 65.47 | 0.766 times |
| 24 Fri May 2024 | 65.82 | 65.48 | 66.23 | 65.21 | 0.844 times |
My analysis of stock is bearish for shortterm, and stock might move down till 64.4 or till 63. Use a stoploss of 65.51 and if the stock hits stoploss, then it can shoot up till 66.67
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 |
| Upside Target | 65.28 |
| Upside 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 | 64.06 |
| Downside Intraday Target | 62.99 |
| Upside Intraday Target | 67.04 |
| Upside Intraday Target | 68.95 |
| Upside Intraday Target | 65.97 |
Weekly technical analysis of Globus Medical (GMED)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Fri Jun 2024 | 65.12 | 67.04 | 67.89 | 64.91 | 1.265 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 |
| 07 Fri Jun 2024 | 65.12 | 67.04 | 67.89 | 64.91 | 0.133 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 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 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 to mid 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 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. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below 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 but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Globus Medical is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 66.19 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.
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 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 to mid 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 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. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below 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 but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Globus Medical is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 66.19 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.