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(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 2024-10-29 View latest technical analysis

10 day averaged volume of Globus Medical is 839540

Date	Daily Closing Price	Open	High	Low	Volume
29 Tue Oct 2024	74.29	74.09	74.37	73.42	0.636 times
28 Mon Oct 2024	74.20	73.53	74.33	73.53	0.652 times
25 Fri Oct 2024	73.17	73.62	73.96	73.10	0.501 times
24 Thu Oct 2024	73.64	73.88	74.46	73.46	0.496 times
23 Wed Oct 2024	73.89	73.19	73.95	72.81	0.734 times
22 Tue Oct 2024	73.33	73.14	73.54	72.19	0.561 times
21 Mon Oct 2024	73.49	72.85	74.00	72.72	0.722 times
18 Fri Oct 2024	72.85	74.15	74.15	71.93	1.325 times
17 Thu Oct 2024	73.92	74.50	74.86	73.33	1.156 times
16 Wed Oct 2024	74.88	74.37	75.98	74.12	1.763 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 74, but if it comes below 74, then a intra day sell could be more profitable.
If you take a sell trade below 74, then use 74 as stoploss and 72.22 as target. However if you take a buy trade in stock , then use 74 as stoploss and 76.2 as target.

Share price targets for Globus Medical (GMED)

Target Type	Value
Downside Target	63.61
Downside Target	67.36
Downside Target	72.47
Downside Target	72.94
Downside Target	73.42
Downside Target	74.16
Downside Target	74.21
Upside Target	74.37
Upside Target	74.46
Upside Target	75.98

Intraday share price targets for Globus Medical (GMED)

Target Type	Value
Downside Intraday Target	73.68
Downside Intraday Target	73.08
Upside Intraday Target	74.63
Upside Intraday Target	74.98
Downside Intraday Target	74.03

Weekly technical analysis of Globus Medical (GMED)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Tue Oct 2024	74.29	73.53	74.37	73.42	0.427 times
25 Fri Oct 2024	73.17	72.85	74.46	72.19	0.442 times
18 Fri Oct 2024	72.85	70.94	75.98	70.30	2.221 times
11 Fri Oct 2024	70.57	70.32	71.60	69.21	0.993 times
04 Fri Oct 2024	70.66	70.47	72.47	69.01	0.828 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
29 Tue Oct 2024	74.29	71.92	75.98	69.01	1.155 times
30 Mon Sep 2024	71.54	72.29	72.94	67.73	0.496 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

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 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 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 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 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 tired and bears are picking up momentum.

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 BUY signal in short term but buying 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 73.86 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 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.