(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 2024-03-27 View latest technical analysis
10 day averaged volume of Conmed Corporation is 615520
| Date | Daily Closing Price | Open | High | Low | Volume |
| 27 Wed Mar 2024 | 80.14 | 77.81 | 80.20 | 77.27 | 0.858 times |
| 26 Tue Mar 2024 | 77.09 | 77.13 | 77.82 | 76.72 | 0.554 times |
| 25 Mon Mar 2024 | 76.66 | 75.80 | 77.92 | 75.09 | 0.912 times |
| 22 Fri Mar 2024 | 75.69 | 75.75 | 75.80 | 74.67 | 0.815 times |
| 21 Thu Mar 2024 | 75.36 | 76.39 | 76.58 | 74.80 | 1.197 times |
| 20 Wed Mar 2024 | 76.09 | 75.70 | 76.29 | 75.44 | 1.223 times |
| 19 Tue Mar 2024 | 76.21 | 76.21 | 76.73 | 75.73 | 0.874 times |
| 18 Mon Mar 2024 | 76.41 | 77.83 | 77.83 | 75.16 | 1.341 times |
| 15 Fri Mar 2024 | 77.44 | 78.32 | 78.91 | 76.68 | 1.357 times |
| 14 Thu Mar 2024 | 78.71 | 84.96 | 85.28 | 78.46 | 1.024 times |
My analysis of stock is bearish for shortterm, and stock might move down till 76.6 or till 72.1. Use a stoploss of 80.32 and if the stock hits stoploss, then it can shoot up till 84.07
Share price targets for Conmed Corporation (CNMD)
| Target Type | Value |
| Downside Target | 74.67 |
| Downside Target | 76.68 |
| Upside Target | 86.39 |
| Upside Target | 86.96 |
| 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 | 76.75 |
| Downside Intraday Target | 73.37 |
| Upside Intraday Target | 81.86 |
| Upside Intraday Target | 83.59 |
| Downside Intraday Target | 78.48 |
Weekly technical analysis of Conmed Corporation (CNMD)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 27 Wed Mar 2024 | 80.14 | 75.80 | 80.20 | 75.09 | 0.426 times |
| 22 Fri Mar 2024 | 75.69 | 77.83 | 77.83 | 74.67 | 1.316 times |
| 15 Fri Mar 2024 | 77.44 | 84.92 | 86.96 | 76.68 | 1.59 times |
| 08 Fri Mar 2024 | 85.03 | 79.69 | 86.39 | 79.56 | 0.71 times |
| 01 Fri Mar 2024 | 79.95 | 80.29 | 81.06 | 78.95 | 1.32 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 |
| 27 Wed Mar 2024 | 80.14 | 80.24 | 86.96 | 74.67 | 0.656 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 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 neutral. A longer time frame might give a better analysis.
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 Weak and stock is losing 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 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 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
Stock of Conmed Corporation is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 76.92 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 neutral. A longer time frame might give a better analysis.
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 Weak and stock is losing 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 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 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
Stock of Conmed Corporation is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 76.92 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.