(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 2024-01-30 View latest technical analysis
10 day averaged volume of Conmed Corporation is 675290
| Date | Daily Closing Price | Open | High | Low | Volume |
| 30 Tue Jan 2024 | 94.82 | 94.53 | 95.74 | 92.87 | 0.942 times |
| 29 Mon Jan 2024 | 94.97 | 91.90 | 95.06 | 91.30 | 0.602 times |
| 26 Fri Jan 2024 | 92.04 | 93.99 | 95.06 | 91.25 | 0.476 times |
| 25 Thu Jan 2024 | 93.78 | 92.59 | 94.13 | 91.12 | 1.022 times |
| 24 Wed Jan 2024 | 91.08 | 94.52 | 96.42 | 91.05 | 2.367 times |
| 23 Tue Jan 2024 | 98.30 | 101.07 | 101.71 | 98.18 | 1.106 times |
| 22 Mon Jan 2024 | 99.88 | 102.82 | 103.81 | 99.72 | 1.073 times |
| 19 Fri Jan 2024 | 101.79 | 104.01 | 104.07 | 100.58 | 0.995 times |
| 18 Thu Jan 2024 | 103.60 | 110.18 | 110.40 | 97.96 | 1.548 times |
| 17 Wed Jan 2024 | 109.53 | 109.05 | 110.75 | 108.38 | 0.385 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 96.8, but if it comes above 96.8, then a intra day buy could be more profitable.
If you take a sell trade below 96.8, then use 96.8 as stoploss and 87.7 as target. However if you take a buy trade in stock , then use 96.8 as stoploss and 104.3 as target.
Share price targets for Conmed Corporation (CNMD)
| Target Type | Value |
| Downside Target | 90.75 |
| Downside Target | 94.61 |
| Upside Target | 101.66 |
| Upside Target | 103.81 |
| Upside Target | 106.30 |
| Upside Target | 109.99 |
| Upside Target | 110.49 |
| Upside Target | 111.10 |
| 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 | 92.17 |
| Downside Intraday Target | 89.51 |
| Upside Intraday Target | 96.61 |
| Upside Intraday Target | 98.39 |
| Downside Intraday Target | 93.95 |
Weekly technical analysis of Conmed Corporation (CNMD)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 30 Tue Jan 2024 | 94.82 | 91.90 | 95.74 | 91.30 | 0.255 times |
| 26 Fri Jan 2024 | 92.04 | 102.82 | 103.81 | 91.05 | 1.802 times |
| 19 Fri Jan 2024 | 101.79 | 110.10 | 111.10 | 97.96 | 9.732 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 |
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 |
| 30 Tue Jan 2024 | 94.82 | 108.71 | 113.68 | 91.05 | 1.522 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 down this month, and volume has increased substantially. This means that the move can 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Conmed Corporation stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Conmed Corporation in short term and the sell signal is strong.
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 red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a buy signal for Conmed Corporation in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing 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 97.13 and Conmed Corporation (CNMD) 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 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 negative.
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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Conmed Corporation stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Conmed Corporation in short term and the sell signal is strong.
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 red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a buy signal for Conmed Corporation in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing 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 97.13 and Conmed Corporation (CNMD) 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 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.