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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 2024-06-18 View latest technical analysis

10 day averaged volume of Globus Medical is 890260

Date	Daily Closing Price	Open	High	Low	Volume
18 Tue Jun 2024	67.02	66.23	67.35	66.10	1.336 times
18 Tue Jun 2024	67.02	66.23	67.35	66.10	1.336 times
17 Mon Jun 2024	66.68	65.13	67.07	65.13	1.246 times
14 Fri Jun 2024	65.61	65.52	65.99	65.28	0.663 times
13 Thu Jun 2024	65.91	66.23	66.32	64.86	1.187 times
12 Wed Jun 2024	66.20	66.81	67.50	66.06	0.906 times
11 Tue Jun 2024	66.14	65.95	67.19	65.59	1.491 times
10 Mon Jun 2024	66.19	64.54	66.38	64.19	1.087 times
07 Fri Jun 2024	65.12	65.12	66.03	64.91	0.668 times
06 Thu Jun 2024	66.18	65.92	66.66	65.12	0.666 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 66.8, but if it comes below 66.8, then a intra day sell could be more profitable.
If you take a sell trade below 66.8, then use 66.8 as stoploss and 66.21 as target. However if you take a buy trade in stock , then use 66.8 as stoploss and 67.6 as target.

Share price targets for Globus Medical (GMED)

Target Type	Value
Downside Target	49.33
Downside Target	50.87
Downside Target	54.16
Downside Target	56.00
Downside Target	57.38
Downside Target	64.19
Upside Target	67.35
Upside Target	67.50
Upside Target	67.52
Upside Target	67.89

Intraday share price targets for Globus Medical (GMED)

Target Type	Value
Downside Intraday Target	66.3
Downside Intraday Target	65.57
Upside Intraday Target	67.55
Upside Intraday Target	68.07
Downside Intraday Target	66.82

Weekly technical analysis of Globus Medical (GMED)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Tue Jun 2024	67.02	66.23	67.35	66.10	0.517 times
18 Tue Jun 2024	67.02	65.13	67.35	65.13	0.484 times
14 Fri Jun 2024	65.61	64.54	67.50	64.19	1.237 times
07 Fri Jun 2024	65.12	67.04	67.89	64.91	1.265 times
31 Fri May 2024	67.11	65.88	67.52	64.43	0.727 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
18 Tue Jun 2024	67.02	67.04	67.89	64.19	0.419 times
31 Fri May 2024	67.11	49.60	67.52	49.33	1.48 times
30 Tue Apr 2024	49.79	53.78	54.16	49.77	0.929 times
28 Thu Mar 2024	53.64	53.77	56.00	50.87	0.92 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 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 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 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 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 gaining momentum.

MACD generated a SELL signal for Globus Medical in short term but the sell signal is initial and weak.

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 coming down

CCI has generated a SELL signal for Globus Medical in short term

RSI is generating a BUY signal in short term but buying 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 66.32 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.