(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 2024-03-06 View latest technical analysis
10 day averaged volume of Conmed Corporation is 421450
Date | Daily Closing Price | Open | High | Low | Volume |
06 Wed Mar 2024 | 84.59 | 83.88 | 85.83 | 83.53 | 0.978 times |
05 Tue Mar 2024 | 83.31 | 83.13 | 83.54 | 82.22 | 0.927 times |
04 Mon Mar 2024 | 82.83 | 79.69 | 82.90 | 79.56 | 0.919 times |
01 Fri Mar 2024 | 79.95 | 80.24 | 80.27 | 79.11 | 0.888 times |
29 Thu Feb 2024 | 80.32 | 80.64 | 80.64 | 78.95 | 1.804 times |
28 Wed Feb 2024 | 79.60 | 80.22 | 81.06 | 79.11 | 0.959 times |
27 Tue Feb 2024 | 80.48 | 80.52 | 80.71 | 79.22 | 0.706 times |
26 Mon Feb 2024 | 80.08 | 80.29 | 81.05 | 79.15 | 0.999 times |
23 Fri Feb 2024 | 80.80 | 80.78 | 81.33 | 80.17 | 0.77 times |
22 Thu Feb 2024 | 81.36 | 81.12 | 81.59 | 80.49 | 0.954 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 84.8 as stoploss in an intra day sell trade for a target of 82.55. However, stock will show a bullish move above 84.8.
Share price targets for Conmed Corporation (CNMD)
Target Type | Value |
Downside Target | 78.95 |
Upside Target | 85.83 |
Upside Target | 87.03 |
Upside Target | 88.60 |
Upside Target | 91.05 |
Upside Target | 94.61 |
Upside Target | 106.64 |
Upside Target | 109.99 |
Upside Target | 113.68 |
Upside Target | 117.27 |
Intraday share price targets for Conmed Corporation (CNMD)
Target Type | Value |
Downside Intraday Target | 80.82 |
Downside Intraday Target | 77.06 |
Upside Intraday Target | 87.09 |
Upside Intraday Target | 89.6 |
Downside Intraday Target | 83.33 |
Weekly technical analysis of Conmed Corporation (CNMD)
Date | Weekly Closing Price | Open | High | Low | Volume |
06 Wed Mar 2024 | 84.59 | 79.69 | 85.83 | 79.56 | 0.527 times |
01 Fri Mar 2024 | 79.95 | 80.29 | 81.06 | 78.95 | 1.32 times |
23 Fri Feb 2024 | 80.80 | 80.97 | 81.80 | 80.17 | 0.658 times |
16 Fri Feb 2024 | 81.02 | 87.01 | 88.60 | 80.52 | 0.716 times |
09 Fri Feb 2024 | 86.92 | 80.42 | 87.03 | 80.27 | 0.579 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 |
06 Wed Mar 2024 | 84.59 | 80.24 | 85.83 | 79.11 | 0.11 times |
29 Thu Feb 2024 | 80.32 | 83.75 | 88.60 | 78.95 | 1.218 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 |
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 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 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 to mid 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 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 BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Conmed Corporation in short term but the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Conmed Corporation in short term and BUY signal is strong.
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 81.28 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 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.
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 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 to mid 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 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 BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Conmed Corporation in short term but the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Conmed Corporation in short term and BUY signal is strong.
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 81.28 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 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.