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(CNMD) Conmed Corporation complete technical analysis [charts+indicators] | Buy/Sell Conmed Corporation | (CNMD) share price targets

Complete technical analysis of Conmed Corporation (CNMD) by charts plus indicators, forecast predictions and share price targets for Conmed Corporation (CNMD)

Conmed Corporation trades in USA in Health Care sector.

Showing technical analysis as on 2024-01-08 View latest technical analysis

10 day averaged volume of Conmed Corporation is 299960

Date	Daily Closing Price	Open	High	Low	Volume
08 Mon Jan 2024	111.56	106.74	111.69	106.30	1.185 times
05 Fri Jan 2024	106.88	108.02	109.53	106.87	0.874 times
04 Thu Jan 2024	109.12	108.61	109.58	107.80	1.209 times
03 Wed Jan 2024	108.36	108.86	109.20	106.98	1.84 times
02 Tue Jan 2024	110.13	108.71	111.43	108.67	1.391 times
29 Fri Dec 2023	109.51	111.19	111.88	109.35	0.825 times
29 Fri Dec 2023	109.51	111.19	111.88	109.35	0.825 times
28 Thu Dec 2023	111.78	111.78	113.31	111.30	0.6 times
27 Wed Dec 2023	112.25	113.71	114.80	111.52	0.929 times
26 Tue Dec 2023	113.62	113.26	114.11	112.42	0.598 times

My analysis of stock is bullish for shortterm, and stock might move up till 112.6 or till 115.1. Use a stoploss of 110.57 and if this stock hits its stoploss, then it can fall down till 108.5

Share price targets for Conmed Corporation (CNMD)

Target Type	Value
Downside Target	90.75
Downside Target	94.61
Downside Target	97.07
Downside Target	101.66
Downside Target	106.30
Upside Target	111.69
Upside Target	111.88
Upside Target	113.28
Upside Target	113.31
Upside Target	114.80
Upside Target	117.27

Intraday share price targets for Conmed Corporation (CNMD)

Target Type	Value
Downside Intraday Target	108.01
Downside Intraday Target	104.46
Upside Intraday Target	113.4
Upside Intraday Target	115.24
Downside Intraday Target	109.85

Weekly technical analysis of Conmed Corporation (CNMD)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Mon Jan 2024	111.56	106.74	111.69	106.30	0.223 times
05 Fri Jan 2024	106.88	108.71	111.43	106.87	6.44 times
29 Fri Dec 2023	109.51	111.19	111.88	109.35	0.279 times
29 Fri Dec 2023	109.51	113.26	114.80	109.35	0.47 times
22 Fri Dec 2023	112.88	113.22	113.31	108.20	0.762 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 Conmed Corporation (CNMD)

Date	Monthly Closing Price	Open	High	Low	Volume
08 Mon Jan 2024	111.56	108.71	111.69	106.30	0.275 times
29 Fri Dec 2023	109.51	107.27	117.27	106.64	1.022 times
30 Thu Nov 2023	107.27	97.04	109.99	94.61	0.712 times
31 Tue Oct 2023	97.46	100.29	101.66	90.75	1.434 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 Conmed Corporation (CNMD)

Price action analysis of Conmed Corporation ( (CNMD) ) 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 Conmed Corporation ( (CNMD) ) 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 Conmed Corporation ( (CNMD) ) based on a short to mid 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 Conmed Corporation ( (CNMD) ) 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 Conmed Corporation stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Conmed Corporation 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.

Conmed Corporation 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 above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Conmed Corporation in short term but BUY signal is weak.

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 Conmed Corporation is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 109.97 and Conmed Corporation (CNMD) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Conmed Corporation (CNMD) stock. Volume based technical analysis of Conmed Corporation (CNMD) stock is negative.

Conmed Corporation 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.