(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 2024-03-26 View latest technical analysis
10 day averaged volume of Globus Medical is 1299810
| Date | Daily Closing Price | Open | High | Low | Volume |
| 26 Tue Mar 2024 | 51.62 | 51.41 | 51.86 | 50.91 | 0.635 times |
| 25 Mon Mar 2024 | 51.15 | 52.12 | 52.26 | 50.87 | 0.641 times |
| 22 Fri Mar 2024 | 52.02 | 52.60 | 52.73 | 51.87 | 0.661 times |
| 21 Thu Mar 2024 | 52.13 | 52.22 | 52.51 | 51.38 | 0.739 times |
| 20 Wed Mar 2024 | 51.83 | 51.97 | 52.16 | 51.00 | 0.597 times |
| 19 Tue Mar 2024 | 51.98 | 51.75 | 52.03 | 51.56 | 0.747 times |
| 18 Mon Mar 2024 | 51.65 | 53.47 | 53.58 | 51.58 | 1.304 times |
| 15 Fri Mar 2024 | 51.40 | 51.42 | 52.50 | 51.03 | 2.064 times |
| 14 Thu Mar 2024 | 51.87 | 55.17 | 55.31 | 51.21 | 2.262 times |
| 13 Wed Mar 2024 | 55.35 | 55.36 | 56.00 | 55.07 | 0.47 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 51.8, but if it comes above 51.8, then a intra day buy could be more profitable.
If you take a sell trade below 51.8, then use 51.8 as stoploss and 50 as target. However if you take a buy trade in stock , then use 51.8 as stoploss and 53.37 as target.
Share price targets for Globus Medical (GMED)
| Target Type | Value |
| Downside Target | 43.39 |
| Downside Target | 47.53 |
| Downside Target | 50.87 |
| Upside Target | 53.58 |
| Upside Target | 54.81 |
| Upside Target | 55.80 |
| Upside Target | 56.00 |
| Upside Target | 57.38 |
| Upside Target | 57.46 |
Intraday share price targets for Globus Medical (GMED)
| Target Type | Value |
| Downside Intraday Target | 50.91 |
| Downside Intraday Target | 50.19 |
| Upside Intraday Target | 52.3 |
| Upside Intraday Target | 52.97 |
| Downside Intraday Target | 51.58 |
Weekly technical analysis of Globus Medical (GMED)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 26 Tue Mar 2024 | 51.62 | 52.12 | 52.26 | 50.87 | 0.315 times |
| 22 Fri Mar 2024 | 52.02 | 53.47 | 53.58 | 51.00 | 0.678 times |
| 15 Fri Mar 2024 | 51.40 | 55.13 | 56.00 | 51.03 | 1.934 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 |
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 |
| 26 Tue Mar 2024 | 51.62 | 53.77 | 56.00 | 50.87 | 0.848 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 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 Globus Medical (GMED)
Price action analysis of Globus Medical ( (GMED) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Globus Medical ( (GMED) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Globus Medical ( (GMED) ) 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 Globus Medical ( (GMED) ) 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 Globus Medical stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Globus Medical in short term and the sell signal is strong.
Globus Medical Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Globus Medical in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Globus Medical is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 51.88 and Globus Medical (GMED) stock is trading below this level. This means that stock is falling with high volumes. 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 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 Globus Medical ( (GMED) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Globus Medical ( (GMED) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Globus Medical ( (GMED) ) 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 Globus Medical ( (GMED) ) 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 Globus Medical stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Globus Medical in short term and the sell signal is strong.
Globus Medical Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Globus Medical in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Globus Medical is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 51.88 and Globus Medical (GMED) stock is trading below this level. This means that stock is falling with high volumes. 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.