(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 2024-06-26 View latest technical analysis
10 day averaged volume of Globus Medical is 1042690
Date | Daily Closing Price | Open | High | Low | Volume |
26 Wed Jun 2024 | 68.06 | 67.01 | 68.16 | 66.94 | 0.737 times |
25 Tue Jun 2024 | 67.41 | 67.09 | 67.47 | 66.33 | 0.617 times |
24 Mon Jun 2024 | 67.23 | 66.65 | 67.48 | 66.01 | 0.749 times |
21 Fri Jun 2024 | 66.52 | 67.00 | 67.89 | 66.33 | 2.029 times |
20 Thu Jun 2024 | 67.00 | 66.72 | 67.45 | 66.58 | 0.907 times |
18 Tue Jun 2024 | 67.02 | 66.23 | 67.35 | 66.10 | 1.141 times |
18 Tue Jun 2024 | 67.02 | 66.23 | 67.35 | 66.10 | 1.141 times |
17 Mon Jun 2024 | 66.68 | 65.13 | 67.07 | 65.13 | 1.064 times |
14 Fri Jun 2024 | 65.61 | 65.52 | 65.99 | 65.28 | 0.566 times |
13 Thu Jun 2024 | 65.91 | 66.23 | 66.32 | 64.86 | 1.014 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 68, for a target of 67.2 or 66.56
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 |
Downside Target | 67.50 |
Downside Target | 67.52 |
Downside Target | 67.89 |
Upside Target | 68.16 |
Intraday share price targets for Globus Medical (GMED)
Target Type | Value |
Downside Intraday Target | 66.66 |
Downside Intraday Target | 65.26 |
Upside Intraday Target | 68.81 |
Upside Intraday Target | 69.56 |
Downside Intraday Target | 67.41 |
Weekly technical analysis of Globus Medical (GMED)
Date | Weekly Closing Price | Open | High | Low | Volume |
26 Wed Jun 2024 | 68.06 | 66.65 | 68.16 | 66.01 | 0.516 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 |
26 Wed Jun 2024 | 68.06 | 67.04 | 68.16 | 64.19 | 0.601 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 Strong 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 BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Globus Medical is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 66.8 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.
Price action analysis of Globus Medical ( (GMED) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 Strong 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 BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Globus Medical is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 66.8 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.