(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 2024-08-20 View latest technical analysis
10 day averaged volume of Globus Medical is 1559957
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Tue Aug 2024 | 69.14 | 69.89 | 70.27 | 69.07 | 0.288 times |
| 19 Mon Aug 2024 | 70.01 | 69.86 | 70.34 | 69.16 | 0.458 times |
| 16 Fri Aug 2024 | 69.86 | 68.79 | 70.32 | 68.60 | 0.558 times |
| 15 Thu Aug 2024 | 68.79 | 67.78 | 70.64 | 67.55 | 0.929 times |
| 14 Wed Aug 2024 | 67.08 | 67.34 | 67.80 | 66.66 | 0.868 times |
| 13 Tue Aug 2024 | 67.32 | 72.50 | 72.65 | 63.61 | 3.083 times |
| 12 Mon Aug 2024 | 73.05 | 73.58 | 73.66 | 72.30 | 0.396 times |
| 09 Fri Aug 2024 | 73.20 | 72.55 | 74.17 | 72.18 | 0.747 times |
| 08 Thu Aug 2024 | 73.92 | 71.25 | 73.95 | 71.04 | 0.927 times |
| 07 Wed Aug 2024 | 70.53 | 74.20 | 74.21 | 69.82 | 1.352 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 68.5 as stoploss in an intra day buy trade for a target of 70.49. However, stock will show a bearish move below 68.5.
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 |
| Downside Target | 67.36 |
| Upside Target | 71.51 |
| Upside Target | 72.78 |
| Upside Target | 73.66 |
| Upside Target | 74.16 |
| Upside Target | 74.21 |
Intraday share price targets for Globus Medical (GMED)
| Target Type | Value |
| Downside Intraday Target | 68.69 |
| Downside Intraday Target | 68.25 |
| Upside Intraday Target | 69.96 |
| Upside Intraday Target | 70.79 |
| Upside Intraday Target | 69.52 |
Weekly technical analysis of Globus Medical (GMED)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Tue Aug 2024 | 69.14 | 69.86 | 70.34 | 69.07 | 0.128 times |
| 16 Fri Aug 2024 | 69.86 | 73.58 | 73.66 | 63.61 | 1.312 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 |
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 |
| 20 Tue Aug 2024 | 69.14 | 71.57 | 74.21 | 63.61 | 1.091 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 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 trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 Weak 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 stronger in this stock.
Ichimoku cloud is of red color and prices are in or above 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 but selling is losing 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 69.55 and Globus Medical (GMED) stock is trading below this level. This means that stock is falling with high volumes. 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 trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 Weak 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 stronger in this stock.
Ichimoku cloud is of red color and prices are in or above 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 but selling is losing 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 69.55 and Globus Medical (GMED) stock is trading below this level. This means that stock is falling with high volumes. 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.