(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 2024-08-23 View latest technical analysis
10 day averaged volume of Globus Medical is 1236437
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Fri Aug 2024 | 72.05 | 70.00 | 72.19 | 69.57 | 0.504 times |
| 22 Thu Aug 2024 | 69.68 | 70.00 | 70.24 | 69.43 | 0.336 times |
| 21 Wed Aug 2024 | 69.59 | 69.36 | 69.62 | 68.52 | 0.423 times |
| 20 Tue Aug 2024 | 69.14 | 69.89 | 70.27 | 69.07 | 0.363 times |
| 19 Mon Aug 2024 | 70.01 | 69.86 | 70.34 | 69.16 | 0.577 times |
| 16 Fri Aug 2024 | 69.86 | 68.79 | 70.32 | 68.60 | 0.704 times |
| 15 Thu Aug 2024 | 68.79 | 67.78 | 70.64 | 67.55 | 1.172 times |
| 14 Wed Aug 2024 | 67.08 | 67.34 | 67.80 | 66.66 | 1.095 times |
| 13 Tue Aug 2024 | 67.32 | 72.50 | 72.65 | 63.61 | 3.889 times |
| 12 Mon Aug 2024 | 73.05 | 73.58 | 73.66 | 72.30 | 0.5 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 72.1 as stoploss in an intra day sell trade for a target of 70.24. However, stock will show a bullish move above 72.1.
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 |
| Downside Target | 71.51 |
| Upside Target | 72.19 |
| 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 | 69.65 |
| Downside Intraday Target | 67.25 |
| Upside Intraday Target | 73.32 |
| Upside Intraday Target | 74.59 |
| Downside Intraday Target | 70.92 |
Weekly technical analysis of Globus Medical (GMED)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Fri Aug 2024 | 72.05 | 69.86 | 72.19 | 68.52 | 0.299 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 up 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 |
| 23 Fri Aug 2024 | 72.05 | 71.57 | 74.21 | 63.61 | 1.18 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 up 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 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 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 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 Weak and stock is losing momentum.
MACD generated a BUY signal for Globus Medical in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Globus Medical in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing 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 68.62 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 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 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 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 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 Weak and stock is losing momentum.
MACD generated a BUY signal for Globus Medical in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Globus Medical in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing 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 68.62 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 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.