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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 2024-03-11 View latest technical analysis

10 day averaged volume of Globus Medical is 950030

Date	Daily Closing Price	Open	High	Low	Volume
11 Mon Mar 2024	55.10	55.13	55.66	54.28	0.898 times
08 Fri Mar 2024	55.36	54.49	55.80	54.29	1.042 times
07 Thu Mar 2024	54.38	54.97	55.31	54.00	0.751 times
06 Wed Mar 2024	54.49	53.82	54.70	53.73	0.696 times
05 Tue Mar 2024	53.68	55.10	55.22	53.41	0.839 times
04 Mon Mar 2024	55.20	54.53	55.24	54.00	0.893 times
01 Fri Mar 2024	54.45	53.77	54.75	53.19	0.665 times
29 Thu Feb 2024	53.99	54.69	55.01	53.83	1.384 times
28 Wed Feb 2024	54.46	55.98	56.26	54.09	0.986 times
27 Tue Feb 2024	56.43	55.91	57.38	55.68	1.539 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 55.6 as stoploss in an intra day sell trade for a target of 54.44. However, stock will show a bullish move above 55.6.

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	54.81
Upside Target	55.66
Upside Target	55.80
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	54.37
Downside Intraday Target	53.63
Upside Intraday Target	55.75
Upside Intraday Target	56.39
Downside Intraday Target	55.01

Weekly technical analysis of Globus Medical (GMED)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Mon Mar 2024	55.10	55.13	55.66	54.28	0.213 times
08 Fri Mar 2024	55.36	54.53	55.80	53.41	0.731 times
01 Fri Mar 2024	54.45	56.20	57.38	53.19	0.826 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

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 Globus Medical (GMED)

Date	Monthly Closing Price	Open	High	Low	Volume
11 Mon Mar 2024	55.10	53.77	55.80	53.19	0.241 times
29 Thu Feb 2024	53.99	52.75	57.38	51.03	0.77 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

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 Weak and stock is losing momentum.

MACD generated a SELL signal for Globus Medical in short term but the sell signal is initial and weak.

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

Globus Medical Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls 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 Globus Medical in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 54.86 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 falling down

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 has given negative 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.