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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 2024-01-16 View latest technical analysis

10 day averaged volume of Conmed Corporation is 342250

Date	Daily Closing Price	Open	High	Low	Volume
16 Tue Jan 2024	110.48	110.10	111.10	109.57	0.841 times
12 Fri Jan 2024	111.54	113.23	113.68	110.49	0.68 times
12 Fri Jan 2024	111.54	113.23	113.68	110.49	0.68 times
11 Thu Jan 2024	111.92	112.18	112.68	110.28	0.718 times
10 Wed Jan 2024	112.51	112.39	113.05	111.46	1.04 times
09 Tue Jan 2024	112.25	110.43	113.00	110.43	1.187 times
08 Mon Jan 2024	111.56	106.74	111.69	106.30	1.038 times
05 Fri Jan 2024	106.88	108.02	109.53	106.87	0.766 times
04 Thu Jan 2024	109.12	108.61	109.58	107.80	1.06 times
03 Wed Jan 2024	108.36	108.86	109.20	106.98	1.613 times

My analysis of stock is bearish for shortterm, and stock might move down till 109.1 or till 107.1. Use a stoploss of 110.8 and if the stock hits stoploss, then it can shoot up till 112.49

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
Downside Target	109.35
Upside Target	111.43
Upside Target	111.88
Upside Target	113.28
Upside Target	113.68
Upside Target	117.27

Intraday share price targets for Conmed Corporation (CNMD)

Target Type	Value
Downside Intraday Target	109.67
Downside Intraday Target	108.85
Upside Intraday Target	111.2
Upside Intraday Target	111.91
Downside Intraday Target	110.38

Weekly technical analysis of Conmed Corporation (CNMD)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Tue Jan 2024	110.48	110.10	111.10	109.57	1.237 times
12 Fri Jan 2024	111.54	113.23	113.68	110.49	0.146 times
12 Fri Jan 2024	111.54	106.74	113.68	106.30	1.001 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

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 Conmed Corporation (CNMD)

Date	Monthly Closing Price	Open	High	Low	Volume
16 Tue Jan 2024	110.48	108.71	113.68	106.30	0.522 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 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 Conmed Corporation ( (CNMD) ) 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 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.

Conmed Corporation Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears 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 Conmed Corporation in short term and SELL 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 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 110.5 and Conmed Corporation (CNMD) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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 is giving positive returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.