(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 2024-05-23 View latest technical analysis
10 day averaged volume of Conmed Corporation is 458131
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Thu May 2024 | 73.09 | 74.48 | 74.49 | 72.34 | 0.833 times |
| 22 Wed May 2024 | 74.98 | 74.59 | 75.93 | 74.59 | 1.053 times |
| 21 Tue May 2024 | 74.86 | 75.04 | 75.56 | 74.29 | 0.841 times |
| 20 Mon May 2024 | 75.31 | 74.62 | 75.74 | 73.91 | 0.689 times |
| 17 Fri May 2024 | 74.72 | 75.73 | 76.16 | 74.67 | 0.908 times |
| 16 Thu May 2024 | 75.50 | 74.50 | 76.41 | 74.50 | 1.575 times |
| 15 Wed May 2024 | 74.54 | 73.85 | 74.83 | 72.66 | 1.249 times |
| 14 Tue May 2024 | 72.47 | 73.51 | 75.25 | 71.35 | 1.078 times |
| 13 Mon May 2024 | 72.80 | 71.83 | 73.75 | 71.41 | 1.108 times |
| 10 Fri May 2024 | 71.16 | 70.46 | 71.50 | 70.01 | 0.698 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 74.5 as stoploss in an intra day sell trade for a target of 71.64. However, stock will show a bullish move above 74.5.
Share price targets for Conmed Corporation (CNMD)
| Target Type | Value |
| Downside Target | 61.05 |
| Downside Target | 65.48 |
| Downside Target | 68.52 |
| Downside Target | 71.35 |
| Upside Target | 76.41 |
| 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 | 71.64 |
| Downside Intraday Target | 70.2 |
| Upside Intraday Target | 75.23 |
| Upside Intraday Target | 77.38 |
| Upside Intraday Target | 73.79 |
Weekly technical analysis of Conmed Corporation (CNMD)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Thu May 2024 | 73.09 | 74.62 | 75.93 | 72.34 | 0.577 times |
| 17 Fri May 2024 | 74.72 | 71.83 | 76.41 | 71.35 | 1.621 times |
| 10 Fri May 2024 | 71.16 | 72.08 | 72.21 | 68.52 | 0.535 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 |
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 |
| 23 Thu May 2024 | 73.09 | 67.77 | 76.41 | 66.19 | 0.552 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 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 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 to mid 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 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.
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 green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Conmed Corporation in short term and SELL signal is strong!
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 74.06 and Conmed Corporation (CNMD) stock is trading below this level. This means that stock is falling with high volumes. 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 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 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 to mid 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 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.
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 green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Conmed Corporation in short term and SELL signal is strong!
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 74.06 and Conmed Corporation (CNMD) stock is trading below this level. This means that stock is falling with high volumes. 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.