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(GMED) Globus Medical complete technical analysis [charts+indicators] | Buy/Sell Globus Medical | (GMED) share price targets

Complete technical analysis of Globus Medical (GMED) by charts plus indicators, forecast predictions and share price targets for Globus Medical (GMED)

Globus Medical trades in USA in Health Care sector.

Showing technical analysis as on 2024-02-27 View latest technical analysis

10 day averaged volume of Globus Medical is 1305810

Date	Daily Closing Price	Open	High	Low	Volume
27 Tue Feb 2024	56.43	55.91	57.38	55.68	1.12 times
26 Mon Feb 2024	55.91	56.20	56.88	55.68	0.877 times
23 Fri Feb 2024	56.29	55.19	56.38	54.83	0.953 times
22 Thu Feb 2024	55.26	55.00	56.12	54.55	0.791 times
21 Wed Feb 2024	55.00	53.56	56.66	52.61	2.137 times
20 Tue Feb 2024	54.16	53.57	54.42	52.96	1.209 times
16 Fri Feb 2024	53.82	53.40	54.51	53.01	0.737 times
15 Thu Feb 2024	53.55	53.03	53.62	52.90	0.669 times
14 Wed Feb 2024	52.75	52.50	52.87	51.78	0.853 times
13 Tue Feb 2024	52.15	51.19	52.34	51.10	1.043 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 56.7, for a target of 55 or 53.55

Share price targets for Globus Medical (GMED)

Target Type	Value
Downside Target	43.39
Downside Target	47.53
Downside Target	51.03
Downside Target	52.61
Downside Target	54.51
Downside Target	54.81
Downside Target	55.68
Downside Target	55.90
Upside Target	56.66
Upside Target	57.38
Upside Target	57.46

Intraday share price targets for Globus Medical (GMED)

Target Type	Value
Downside Intraday Target	55.61
Downside Intraday Target	54.8
Upside Intraday Target	57.31
Upside Intraday Target	58.2
Upside Intraday Target	56.5

Weekly technical analysis of Globus Medical (GMED)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Tue Feb 2024	56.43	56.20	57.38	55.68	0.392 times
23 Fri Feb 2024	56.29	53.57	56.66	52.61	1.262 times
16 Fri Feb 2024	53.82	52.26	54.51	51.10	1.491 times
09 Fri Feb 2024	52.36	51.55	53.18	51.03	0.646 times
02 Fri Feb 2024	51.83	53.45	54.58	51.26	0.985 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 Globus Medical (GMED)

Date	Monthly Closing Price	Open	High	Low	Volume
27 Tue Feb 2024	56.43	52.75	57.38	51.03	0.694 times
31 Wed Jan 2024	52.79	53.04	57.46	51.51	1.141 times
29 Fri Dec 2023	53.29	44.74	54.81	44.02	1.052 times
30 Thu Nov 2023	44.92	45.69	47.53	43.39	0.75 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 Globus Medical (GMED)

Price action analysis of Globus Medical ( (GMED) ) 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 Globus Medical ( (GMED) ) 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 Globus Medical ( (GMED) ) based on a mid to longer 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.

ADX buy sell signal for Globus Medical stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Globus Medical in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Globus Medical 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 green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Globus Medical in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Globus Medical is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 54.62 and Globus Medical (GMED) 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 Globus Medical (GMED) stock. Volume based technical analysis of Globus Medical (GMED) stock is negative.

Globus Medical Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.