(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 2024-06-21 View latest technical analysis
10 day averaged volume of Globus Medical is 977720
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Fri Jun 2024 | 66.52 | 67.00 | 67.89 | 66.33 | 2.164 times |
| 20 Thu Jun 2024 | 67.00 | 66.72 | 67.45 | 66.58 | 0.967 times |
| 18 Tue Jun 2024 | 67.02 | 66.23 | 67.35 | 66.10 | 1.216 times |
| 18 Tue Jun 2024 | 67.02 | 66.23 | 67.35 | 66.10 | 1.216 times |
| 17 Mon Jun 2024 | 66.68 | 65.13 | 67.07 | 65.13 | 1.135 times |
| 14 Fri Jun 2024 | 65.61 | 65.52 | 65.99 | 65.28 | 0.604 times |
| 13 Thu Jun 2024 | 65.91 | 66.23 | 66.32 | 64.86 | 1.081 times |
| 12 Wed Jun 2024 | 66.20 | 66.81 | 67.50 | 66.06 | 0.825 times |
| 11 Tue Jun 2024 | 66.14 | 65.95 | 67.19 | 65.59 | 1.358 times |
| 10 Mon Jun 2024 | 66.19 | 64.54 | 66.38 | 64.19 | 0.99 times |
Stock of Globus Medical (GMED) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bullish for shortterm, and stock might move up till 66.8 or till 67.5. Use a stoploss of 66.25 and if this stock hits its stoploss, then it can fall down till 65.67
Share price targets for Globus Medical (GMED)
| Target Type | Value |
| Downside Target | 49.33 |
| Downside Target | 50.87 |
| Downside Target | 54.16 |
| Downside Target | 56.00 |
| Downside Target | 57.38 |
| Downside Target | 64.19 |
| Upside Target | 67.35 |
| Upside Target | 67.50 |
| Upside Target | 67.52 |
| Upside Target | 67.89 |
Intraday share price targets for Globus Medical (GMED)
| Target Type | Value |
| Downside Intraday Target | 65.78 |
| Downside Intraday Target | 65.05 |
| Upside Intraday Target | 67.57 |
| Upside Intraday Target | 68.63 |
| Upside Intraday Target | 66.84 |
Weekly technical analysis of Globus Medical (GMED)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Fri Jun 2024 | 66.52 | 66.23 | 67.89 | 66.10 | 1.849 times |
| 18 Tue Jun 2024 | 67.02 | 65.13 | 67.35 | 65.13 | 0.484 times |
| 14 Fri Jun 2024 | 65.61 | 64.54 | 67.50 | 64.19 | 1.237 times |
| 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 |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Globus Medical (GMED)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 21 Fri Jun 2024 | 66.52 | 67.04 | 67.89 | 64.19 | 0.525 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 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 neutral. A longer time frame might give a better analysis.
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 gaining momentum.
MACD generated a SELL signal for Globus Medical in short term but the sell signal is initial and weak.
Globus Medical Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 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 66.48 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 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 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 neutral. A longer time frame might give a better analysis.
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 gaining momentum.
MACD generated a SELL signal for Globus Medical in short term but the sell signal is initial and weak.
Globus Medical Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 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 66.48 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.