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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, CNMD is a bad performer in the overall market: 81% of all stocks are doing better.
CNMD is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
CNMD is an average performer in the Health Care Equipment & Supplies industry, it outperforms 44% of 191 stocks in the same industry.
In the last month CNMD has a been trading in the 46.00 - 61.13 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of CNMD is bad and it also does not present a quality setup 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
50.20
77.20
We can see 6 important resistance areas.
- A resistance zone ranging from 50.72 to 51.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @54.86 from a trend line in the daily time frame.
- A resistance zone ranging from 57.63 to 58.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @62.51 from a trend line in the weekly time frame.
- Resistance @68.02 from a trend line in the weekly 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.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.54
Mansfield-2.34
10 Day High52.91
10 Day Low46
20 Day High61.13
20 Day Low46
52 Week High78.58
52 Week Low46
Performance
1 Week4.36%
2 Weeks-3.02%
1 Month-15.27%
3 Month-26.26%
6 Month-18.41%
12 Month-22.91%
2 Year-59.62%
3 Year-61.86%
5 Year-31.39%
10 Year0.96%
15 Year128.01%
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)0.05
RSI(14)41.01
LBB45.51
UBB56.1
50.71
-0.29 (-0.57%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-0.57%
1 Week4.36%
2 Weeks-3.02%
1 Month-15.27%
3 Month-26.26%
6 Month-18.41%
12 Month-22.91%
2 Year-59.62%
3 Year-61.86%
5 Year-31.39%
10 Year0.96%
15 Year128.01%
Volatility
ATR(14)3.22
ATR(20)%5.88%
ATR Inc-63.17%
Range Today1.17
ADR(20)2.78
ADR(20)%5.49%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.54
Mansfield-2.34
10 Day High52.91
10 Day Low46
20 Day High61.13
20 Day Low46
52 Week High78.58
52 Week Low46
CS1 EndN/A
CR1 Start50.72
Volume & EV
DER(3)-2.18%
DER(5)-1.29%
Volume449.30K
Volume Incr-12.73%
Vol(5)468.36K
Vol(50)517.01K