(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 2024-02-09 View latest technical analysis
10 day averaged volume of Conmed Corporation is 964490
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Fri Feb 2024 | 86.92 | 84.21 | 87.03 | 84.21 | 0.593 times |
| 08 Thu Feb 2024 | 84.47 | 82.79 | 84.57 | 80.75 | 0.924 times |
| 07 Wed Feb 2024 | 83.41 | 83.53 | 83.83 | 82.36 | 0.569 times |
| 06 Tue Feb 2024 | 83.40 | 82.52 | 83.83 | 82.12 | 0.737 times |
| 05 Mon Feb 2024 | 82.48 | 80.42 | 84.17 | 80.27 | 0.94 times |
| 02 Fri Feb 2024 | 80.91 | 83.92 | 84.28 | 80.01 | 1.527 times |
| 01 Thu Feb 2024 | 83.76 | 83.75 | 86.70 | 82.29 | 3.011 times |
| 31 Wed Jan 2024 | 95.60 | 95.73 | 97.08 | 94.67 | 0.877 times |
| 30 Tue Jan 2024 | 94.82 | 94.53 | 95.74 | 92.87 | 0.66 times |
| 29 Mon Jan 2024 | 94.97 | 91.90 | 95.06 | 91.30 | 0.421 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 84.6 as stoploss in an intra day buy trade for a target of 94.14. However, stock will show a bearish move below 84.6.
Share price targets for Conmed Corporation (CNMD)
| Target Type | Value |
| Downside Target | 80.01 |
| Upside Target | 87.03 |
| Upside Target | 90.75 |
| Upside Target | 94.61 |
| Upside Target | 97.08 |
| Upside Target | 101.66 |
| Upside Target | 103.81 |
| Upside Target | 106.64 |
| Upside Target | 109.99 |
| Upside Target | 110.49 |
| Upside Target | 111.10 |
| Upside Target | 113.68 |
| Upside Target | 117.27 |
Intraday share price targets for Conmed Corporation (CNMD)
| Target Type | Value |
| Downside Intraday Target | 82.45 |
| Downside Intraday Target | 77.98 |
| Upside Intraday Target | 89.21 |
| Upside Intraday Target | 91.5 |
| Downside Intraday Target | 84.74 |
Weekly technical analysis of Conmed Corporation (CNMD)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Fri Feb 2024 | 86.92 | 80.42 | 87.03 | 80.27 | 0.579 times |
| 02 Fri Feb 2024 | 80.91 | 91.90 | 97.08 | 80.01 | 1.535 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 |
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 |
| 09 Fri Feb 2024 | 86.92 | 83.75 | 87.03 | 80.01 | 0.687 times |
| 31 Wed Jan 2024 | 95.60 | 108.71 | 113.68 | 91.05 | 1.642 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 |
Scroll below to view daily charts
Price has moved down 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 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 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 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.
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 red color and prices are below the red 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 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 85.6 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 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 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 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 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.
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 red color and prices are below the red 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 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 85.6 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.