(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 2024-08-01 View latest technical analysis
10 day averaged volume of Globus Medical is 852594
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Thu Aug 2024 | 70.10 | 71.57 | 71.90 | 68.88 | 1.27 times |
| 31 Wed Jul 2024 | 71.96 | 71.03 | 72.78 | 70.53 | 0.849 times |
| 30 Tue Jul 2024 | 71.00 | 71.62 | 72.08 | 70.65 | 0.905 times |
| 29 Mon Jul 2024 | 71.58 | 71.89 | 72.68 | 71.52 | 1.156 times |
| 26 Fri Jul 2024 | 71.89 | 72.26 | 73.09 | 71.65 | 0.922 times |
| 25 Thu Jul 2024 | 71.75 | 72.23 | 73.28 | 71.51 | 1.16 times |
| 24 Wed Jul 2024 | 72.66 | 73.30 | 74.13 | 72.63 | 1.055 times |
| 23 Tue Jul 2024 | 73.38 | 73.50 | 74.16 | 73.36 | 0.754 times |
| 22 Mon Jul 2024 | 73.43 | 72.94 | 73.73 | 72.36 | 0.821 times |
| 19 Fri Jul 2024 | 72.63 | 72.39 | 72.75 | 71.42 | 0.898 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 69.8 as stoploss in an intra day buy trade for a target of 71.31. However, stock will show a bearish move below 69.8.
Share price targets for Globus Medical (GMED)
| Target Type | Value |
| Downside Target | 49.33 |
| Downside Target | 54.16 |
| Downside Target | 64.19 |
| Downside Target | 67.36 |
| Upside Target | 70.68 |
| Upside Target | 71.23 |
| Upside Target | 71.51 |
| Upside Target | 71.90 |
| Upside Target | 72.78 |
| Upside Target | 73.89 |
| Upside Target | 74.16 |
Intraday share price targets for Globus Medical (GMED)
| Target Type | Value |
| Downside Intraday Target | 68.39 |
| Downside Intraday Target | 66.69 |
| Upside Intraday Target | 72.29 |
| Upside Intraday Target | 74.49 |
| Upside Intraday Target | 70.59 |
Weekly technical analysis of Globus Medical (GMED)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Thu Aug 2024 | 70.10 | 71.89 | 72.78 | 68.88 | 0.887 times |
| 26 Fri Jul 2024 | 71.89 | 72.94 | 74.16 | 71.51 | 0.806 times |
| 19 Fri Jul 2024 | 72.63 | 71.13 | 73.89 | 70.68 | 1.574 times |
| 12 Fri Jul 2024 | 71.07 | 69.12 | 71.23 | 68.04 | 3.533 times |
| 05 Fri Jul 2024 | 68.76 | 68.09 | 68.98 | 67.36 | 0.464 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 |
| 01 Thu Aug 2024 | 70.10 | 71.57 | 71.90 | 68.88 | 0.062 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 |
| 31 Fri May 2024 | 67.11 | 49.60 | 67.52 | 49.33 | 1.48 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 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 short 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 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 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.
Globus Medical Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Globus Medical in short term and SELL 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 71.92 and Globus Medical (GMED) stock is trading below this level. This means that stock is falling with high volumes. 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 has given negative 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 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 short 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 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 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.
Globus Medical Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Globus Medical in short term and SELL 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 71.92 and Globus Medical (GMED) stock is trading below this level. This means that stock is falling with high volumes. 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 has given negative 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.