(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 2024-01-17 View latest technical analysis
10 day averaged volume of Conmed Corporation is 329320
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Wed Jan 2024 | 109.53 | 109.05 | 110.75 | 108.38 | 0.79 times |
| 16 Tue Jan 2024 | 110.48 | 110.10 | 111.10 | 109.57 | 0.874 times |
| 12 Fri Jan 2024 | 111.54 | 113.23 | 113.68 | 110.49 | 0.707 times |
| 12 Fri Jan 2024 | 111.54 | 113.23 | 113.68 | 110.49 | 0.707 times |
| 11 Thu Jan 2024 | 111.92 | 112.18 | 112.68 | 110.28 | 0.746 times |
| 10 Wed Jan 2024 | 112.51 | 112.39 | 113.05 | 111.46 | 1.08 times |
| 09 Tue Jan 2024 | 112.25 | 110.43 | 113.00 | 110.43 | 1.234 times |
| 08 Mon Jan 2024 | 111.56 | 106.74 | 111.69 | 106.30 | 1.079 times |
| 05 Fri Jan 2024 | 106.88 | 108.02 | 109.53 | 106.87 | 0.796 times |
| 04 Thu Jan 2024 | 109.12 | 108.61 | 109.58 | 107.80 | 1.101 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 109 as stoploss in an intra day buy trade for a target of 110.75. However, stock will show a bearish move below 109.
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 | 111.43 |
| 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 | 108.24 |
| Downside Intraday Target | 106.95 |
| Upside Intraday Target | 110.96 |
| Upside Intraday Target | 112.39 |
| Upside Intraday Target | 109.67 |
Weekly technical analysis of Conmed Corporation (CNMD)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 17 Wed Jan 2024 | 109.53 | 110.10 | 111.10 | 108.38 | 2.355 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, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Conmed Corporation (CNMD)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 17 Wed Jan 2024 | 109.53 | 108.71 | 113.68 | 106.30 | 0.559 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 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 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 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 gaining 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 red color and prices are below the red 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 110.81 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 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 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 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 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 gaining 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 red color and prices are below the red 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 110.81 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.