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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 2024-12-04 View latest technical analysis

10 day averaged volume of Globus Medical is 880703

Date	Daily Closing Price	Open	High	Low	Volume
04 Wed Dec 2024	85.40	85.00	85.92	84.94	0.065 times
03 Tue Dec 2024	83.42	83.65	84.09	81.84	0.107 times
26 Tue Nov 2024	84.53	84.92	84.92	83.76	0.675 times
26 Tue Nov 2024	84.53	84.92	84.92	83.76	0.675 times
25 Mon Nov 2024	84.49	84.48	85.33	84.10	1.292 times
22 Fri Nov 2024	84.72	85.00	85.30	84.16	1.098 times
21 Thu Nov 2024	84.91	83.55	85.01	83.08	1.987 times
20 Wed Nov 2024	83.59	83.23	83.91	82.35	1.179 times
19 Tue Nov 2024	83.32	80.76	83.38	80.76	1.009 times
18 Mon Nov 2024	81.83	80.92	82.39	80.69	0.864 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 85.1, but if it comes below 85.1, then a intra day sell could be more profitable.
If you take a sell trade below 85.1, then use 85.1 as stoploss and 82.34 as target. However if you take a buy trade in stock , then use 85.1 as stoploss and 88.4 as target.

Share price targets for Globus Medical (GMED)

Target Type	Value
Downside Target	63.61
Downside Target	67.73
Downside Target	72.94
Downside Target	75.98
Downside Target	80.59
Downside Target	83.74
Downside Target	83.76
Downside Target	84.92
Downside Target	85.30
Downside Target	85.33
Upside Target	85.92

Intraday share price targets for Globus Medical (GMED)

Target Type	Value
Downside Intraday Target	82.85
Downside Intraday Target	80.31
Upside Intraday Target	86.93
Upside Intraday Target	88.47
Downside Intraday Target	84.39

Weekly technical analysis of Globus Medical (GMED)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Wed Dec 2024	85.40	83.65	85.92	81.84	0.255 times
26 Tue Nov 2024	84.53	84.92	84.92	83.76	0.343 times
26 Tue Nov 2024	84.53	84.48	85.33	83.76	0.321 times
22 Fri Nov 2024	84.72	80.92	85.30	80.69	0.944 times
15 Fri Nov 2024	81.10	82.18	83.74	80.59	0.631 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
04 Wed Dec 2024	85.40	83.65	85.92	81.84	0.007 times
26 Tue Nov 2024	84.53	73.61	85.33	73.31	1.512 times
31 Thu Oct 2024	73.54	71.92	75.98	69.01	1.277 times
30 Mon Sep 2024	71.54	72.29	72.94	67.73	0.496 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 and the buying is gaining 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 84.1 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.