(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 2024-09-20 View latest technical analysis
10 day averaged volume of Globus Medical is 482253
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Fri Sep 2024 | 70.64 | 70.38 | 70.70 | 69.80 | 3.218 times |
| 19 Thu Sep 2024 | 70.60 | 70.38 | 70.99 | 69.35 | 1.229 times |
| 18 Wed Sep 2024 | 69.59 | 69.00 | 70.33 | 68.58 | 1.065 times |
| 17 Tue Sep 2024 | 69.34 | 69.97 | 70.90 | 69.05 | 0.992 times |
| 16 Mon Sep 2024 | 69.97 | 70.01 | 70.67 | 69.67 | 1.397 times |
| 13 Fri Sep 2024 | 69.75 | 70.23 | 70.85 | 69.55 | 0.973 times |
| 12 Thu Sep 2024 | 70.06 | 69.19 | 70.23 | 68.76 | 0.836 times |
| 11 Wed Sep 2024 | 69.27 | 68.64 | 69.43 | 67.73 | 0.869 times |
| 10 Tue Sep 2024 | 69.38 | 69.97 | 70.13 | 68.88 | 0.901 times |
| 09 Mon Sep 2024 | 70.02 | 70.23 | 71.07 | 69.78 | 0.902 times |
Stock of Globus Medical (GMED) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bearish for shortterm, and stock might move down till 69.6 or till 68.3. Use a stoploss of 70.72 and if the stock hits stoploss, then it can shoot up till 71.83
Share price targets for Globus Medical (GMED)
| Target Type | Value |
| Downside Target | 49.33 |
| Downside Target | 63.61 |
| Downside Target | 67.36 |
| Upside Target | 70.93 |
| Upside Target | 71.07 |
| Upside Target | 71.88 |
| Upside Target | 72.79 |
| Upside Target | 72.94 |
| Upside Target | 74.16 |
| Upside Target | 74.21 |
Intraday share price targets for Globus Medical (GMED)
| Target Type | Value |
| Downside Intraday Target | 69.15 |
| Downside Intraday Target | 67.66 |
| Upside Intraday Target | 71.56 |
| Upside Intraday Target | 72.48 |
| Downside Intraday Target | 70.07 |
Weekly technical analysis of Globus Medical (GMED)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Fri Sep 2024 | 70.64 | 70.01 | 70.99 | 68.58 | 1.763 times |
| 13 Fri Sep 2024 | 69.75 | 70.23 | 71.07 | 67.73 | 0.933 times |
| 06 Fri Sep 2024 | 69.99 | 72.29 | 72.94 | 69.25 | 3.166 times |
| 30 Fri Aug 2024 | 72.70 | 72.12 | 72.79 | 71.88 | 0.253 times |
| 30 Fri Aug 2024 | 72.70 | 72.00 | 72.79 | 70.93 | 1.062 times |
Price has moved up 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 |
| 20 Fri Sep 2024 | 70.64 | 72.29 | 72.94 | 67.73 | 0.342 times |
| 30 Fri Aug 2024 | 72.70 | 71.57 | 74.21 | 63.61 | 1.388 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 |
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 neutral. A longer time frame might give a better analysis.
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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Globus Medical Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 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 70.02 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 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 neutral. A longer time frame might give a better analysis.
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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Globus Medical Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 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 70.02 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.