(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 2024-05-08 View latest technical analysis
10 day averaged volume of Conmed Corporation is 867670
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Wed May 2024 | 69.40 | 71.05 | 71.22 | 69.07 | 0.43 times |
| 07 Tue May 2024 | 71.65 | 71.04 | 72.21 | 70.86 | 0.266 times |
| 06 Mon May 2024 | 70.75 | 72.08 | 72.17 | 70.71 | 0.44 times |
| 03 Fri May 2024 | 71.76 | 70.65 | 71.86 | 70.01 | 0.593 times |
| 02 Thu May 2024 | 70.12 | 68.75 | 70.43 | 67.33 | 0.776 times |
| 01 Wed May 2024 | 68.34 | 67.77 | 69.18 | 66.19 | 0.661 times |
| 30 Tue Apr 2024 | 67.98 | 66.57 | 68.81 | 66.57 | 0.799 times |
| 29 Mon Apr 2024 | 67.22 | 66.10 | 67.25 | 65.48 | 0.772 times |
| 26 Fri Apr 2024 | 65.78 | 62.28 | 66.25 | 62.00 | 1.309 times |
| 25 Thu Apr 2024 | 61.90 | 63.37 | 65.94 | 61.05 | 3.01 times |
My analysis of stock is bearish for shortterm, and stock might move down till 67.4 or till 63.1. Use a stoploss of 70.93 and if the stock hits stoploss, then it can shoot up till 74.48
Share price targets for Conmed Corporation (CNMD)
| Target Type | Value |
| Downside Target | 61.05 |
| Downside Target | 65.48 |
| Downside Target | 69.07 |
| Upside Target | 70.57 |
| Upside Target | 77.73 |
| Upside Target | 78.95 |
| Upside Target | 80.65 |
| Upside Target | 86.96 |
| Upside Target | 88.60 |
| Upside Target | 91.05 |
| Upside Target | 113.68 |
Intraday share price targets for Conmed Corporation (CNMD)
| Target Type | Value |
| Downside Intraday Target | 68.24 |
| Downside Intraday Target | 67.09 |
| Upside Intraday Target | 71.38 |
| Upside Intraday Target | 73.37 |
| Upside Intraday Target | 70.23 |
Weekly technical analysis of Conmed Corporation (CNMD)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Wed May 2024 | 69.40 | 72.08 | 72.21 | 69.07 | 0.316 times |
| 03 Fri May 2024 | 71.76 | 66.10 | 71.86 | 65.48 | 0.537 times |
| 26 Fri Apr 2024 | 65.78 | 73.04 | 73.26 | 61.05 | 1.754 times |
| 19 Fri Apr 2024 | 72.64 | 75.03 | 77.73 | 70.57 | 1.9 times |
| 12 Fri Apr 2024 | 74.58 | 78.18 | 80.65 | 73.88 | 1.006 times |
Price has moved down 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 |
| 08 Wed May 2024 | 69.40 | 67.77 | 72.21 | 66.19 | 0.197 times |
| 30 Tue Apr 2024 | 67.98 | 80.08 | 80.65 | 61.05 | 1.437 times |
| 28 Thu Mar 2024 | 80.08 | 80.24 | 86.96 | 74.67 | 0.685 times |
| 29 Thu Feb 2024 | 80.32 | 83.75 | 88.60 | 78.95 | 1.218 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 neutral. A longer time frame might give a better analysis.
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 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 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 but SELL signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 66.34 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 neutral. A longer time frame might give a better analysis.
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 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 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 but SELL signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 66.34 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.