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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 2024-06-25 View latest technical analysis

10 day averaged volume of Globus Medical is 1111130

Date	Daily Closing Price	Open	High	Low	Volume
25 Tue Jun 2024	67.41	67.09	67.47	66.33	0.579 times
24 Mon Jun 2024	67.23	66.65	67.48	66.01	0.703 times
21 Fri Jun 2024	66.52	67.00	67.89	66.33	1.904 times
20 Thu Jun 2024	67.00	66.72	67.45	66.58	0.851 times
18 Tue Jun 2024	67.02	66.23	67.35	66.10	1.07 times
18 Tue Jun 2024	67.02	66.23	67.35	66.10	1.07 times
17 Mon Jun 2024	66.68	65.13	67.07	65.13	0.999 times
14 Fri Jun 2024	65.61	65.52	65.99	65.28	0.531 times
13 Thu Jun 2024	65.91	66.23	66.32	64.86	0.951 times
12 Wed Jun 2024	66.20	66.81	67.50	66.06	0.726 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 67, but if it comes below 67, then a intra day sell could be more profitable.
If you take a sell trade below 67, then use 67 as stoploss and 66.42 as target. However if you take a buy trade in stock , then use 67 as stoploss and 67.8 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
Downside Target	67.35
Upside Target	67.48
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	66.45
Downside Intraday Target	65.5
Upside Intraday Target	67.92
Upside Intraday Target	68.44
Downside Intraday Target	66.97

Weekly technical analysis of Globus Medical (GMED)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Tue Jun 2024	67.41	66.65	67.48	66.01	0.335 times
21 Fri Jun 2024	66.52	66.23	67.89	66.10	1.849 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

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
25 Tue Jun 2024	67.41	67.04	67.89	64.19	0.575 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 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 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 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 66.66 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.