CONMED CORP (CNMD) Stock Technical Analysis
NYSE:CNMD - New York Stock Exchange, Inc. - US2074101013 - Common Stock - Currency: USD
Taking everything into account, CNMD scores 0 out of 10 in our technical rating. CNMD scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, CNMD is a bad performer in the overall market: 86% of all stocks are doing better.
CNMD is part of the Health Care Equipment & Supplies industry. There are 190 other stocks in this industry, of which 68% are performing better than CNMD.
CNMD is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month CNMD has a been trading in the 59.50 - 74.70 range, which is quite wide. It is currently trading near the lows of this range.
CNMD has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
60.51
78.59
When analyzing the support we notice one important area.
- A support zone ranging from 61.12 to 61.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
5 important resistance areas can be observed.
- A resistance zone ranging from 66.92 to 67.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 68.88 to 69.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @73.17 from a trend line in the daily time frame.
- A resistance zone ranging from 76.25 to 76.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @77.81 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.17
Mansfield-2.07
10 Day High68.46
10 Day Low59.5
20 Day High74.7
20 Day Low59.5
52 Week High86.96
52 Week Low59.5
Performance
1 Week-5.03%
2 Weeks-9.25%
1 Month-10.75%
3 Month-18.4%
6 Month-15.04%
12 Month-24.34%
2 Year-36.45%
3 Year-58.18%
5 Year-35.41%
10 Year19.16%
15 Year179.39%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.74
RSI(14)33.23
LBB57.78
UBB74.02
61.13
-0.18 (-0.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-0.29%
1 Week-5.03%
2 Weeks-9.25%
1 Month-10.75%
3 Month-18.4%
6 Month-15.04%
12 Month-24.34%
2 Year-36.45%
3 Year-58.18%
5 Year-35.41%
10 Year19.16%
15 Year179.39%
Volatility
ATR(14)2.82
ATR(20)%4.28%
ATR Inc-24.28%
Range Today2.03
ADR(20)2.5
ADR(20)%4.08%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.17
Mansfield-2.07
10 Day High68.46
10 Day Low59.5
20 Day High74.7
20 Day Low59.5
52 Week High86.96
52 Week Low59.5
CS1 End61.12
CR1 Start66.92
Volume & EV
DER(3)4.92%
DER(5)4.34%
Volume576.10K
Volume Incr-18.24%
Vol(5)441.42K
Vol(50)463.59K