(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 2024-08-13 View latest technical analysis
10 day averaged volume of Globus Medical is 1090996
Date | Daily Closing Price | Open | High | Low | Volume |
13 Tue Aug 2024 | 67.32 | 72.50 | 72.65 | 63.61 | 4.408 times |
12 Mon Aug 2024 | 73.05 | 73.58 | 73.66 | 72.30 | 0.567 times |
09 Fri Aug 2024 | 73.20 | 72.55 | 74.17 | 72.18 | 1.068 times |
08 Thu Aug 2024 | 73.92 | 71.25 | 73.95 | 71.04 | 1.326 times |
07 Wed Aug 2024 | 70.53 | 74.20 | 74.21 | 69.82 | 1.933 times |
06 Tue Aug 2024 | 69.05 | 67.82 | 69.76 | 67.52 | 0.977 times |
05 Mon Aug 2024 | 67.80 | 66.82 | 68.40 | 66.02 | 1.053 times |
02 Fri Aug 2024 | 69.10 | 69.00 | 69.80 | 68.14 | 0.713 times |
01 Thu Aug 2024 | 70.10 | 71.57 | 71.90 | 68.88 | 0.993 times |
31 Wed Jul 2024 | 71.96 | 71.03 | 72.78 | 70.53 | 0.664 times |
Stock of Globus Medical (GMED) has showed a significant fall. This could be a good time to exit from this stock.
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 67.4, for a target of 69.6 or 71.45
Share price targets for Globus Medical (GMED)
Target Type | Value |
Downside Target | 49.33 |
Downside Target | 54.16 |
Downside Target | 63.61 |
Downside Target | 66.02 |
Upside Target | 67.36 |
Upside Target | 70.68 |
Upside Target | 72.78 |
Upside Target | 73.66 |
Upside Target | 73.89 |
Upside Target | 74.16 |
Upside Target | 74.21 |
Intraday share price targets for Globus Medical (GMED)
Target Type | Value |
Downside Intraday Target | 62.73 |
Downside Intraday Target | 58.15 |
Upside Intraday Target | 72.78 |
Upside Intraday Target | 78.25 |
Upside Intraday Target | 68.2 |
Weekly technical analysis of Globus Medical (GMED)
Date | Weekly Closing Price | Open | High | Low | Volume |
13 Tue Aug 2024 | 67.32 | 73.58 | 73.66 | 63.61 | 0.783 times |
09 Fri Aug 2024 | 73.20 | 66.82 | 74.21 | 66.02 | 1.597 times |
02 Fri Aug 2024 | 69.10 | 71.89 | 72.78 | 68.14 | 1.081 times |
26 Fri Jul 2024 | 71.89 | 72.94 | 74.16 | 71.51 | 0.806 times |
19 Fri Jul 2024 | 72.63 | 71.13 | 73.89 | 70.68 | 1.574 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 |
13 Tue Aug 2024 | 67.32 | 71.57 | 74.21 | 63.61 | 0.814 times |
31 Wed Jul 2024 | 71.96 | 68.75 | 74.16 | 67.36 | 0.841 times |
28 Fri Jun 2024 | 68.49 | 67.04 | 69.12 | 64.19 | 0.721 times |
31 Fri May 2024 | 67.11 | 49.60 | 67.52 | 49.33 | 1.48 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 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 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 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 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 SELL. 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 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 red color and prices are below the red 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 SELL signal in short term and selling is picking up 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 69.79 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 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 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 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 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 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 SELL. 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 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 red color and prices are below the red 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 SELL signal in short term and selling is picking up 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 69.79 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.