Logo image of GMED

GLOBUS MEDICAL INC - A (GMED) Stock Technical Analysis

NYSE:GMED - New York Stock Exchange, Inc. - US3795772082 - Common Stock - Currency: USD

93.12  +0.33 (+0.36%)

After market: 93.12 0 (0%)

Technical Rating and Analysis

10

Overall GMED gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, GMED is showing a nice and steady performance.

Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that GMED is one of the better performing stocks in the market, outperforming 92% of all stocks. We also observe that the gains produced by GMED over the past year are nicely spread over this period.
GMED is part of the Health Care Equipment & Supplies industry. There are 191 other stocks in this industry. GMED outperforms 86% of them.
A new 52 week high is currently being made by GMED, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
GMED is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
GMED has an average volume of 1009560 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Weekly and Daily overview Charts
GLOBUS MEDICAL INC - A / GMED Weekly stock chart
GLOBUS MEDICAL INC - A / GMED Daily stock chart
Setup Rating and Analysis

5

GMED has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.

Support and Resistance Analysis

60.77

94.25

4 important support areas can be observed.

  • A support zone ranging from 81.70 to 83.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @73.86 from a trend line in the daily time frame.
  • Support @67.80 from a horizontal line in the daily time frame.
  • Support @61.38 from a trend line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 93.13 to 93.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.62
Mansfield2.34
10 Day High94.93
10 Day Low89.34
20 Day High94.93
20 Day Low81.37
52 Week High94.93
52 Week Low49.33
Performance
1 Week0.76%
2 Weeks2.72%
1 Month12.64%
3 Month24.36%
6 Month34.76%
12 Month79.66%
2 Year23.34%
3 Year39.55%
5 Year78.12%
10 Year294.91%
15 YearN/A
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)0.22
RSI(14)72.06
LBB86.9
UBB95.41
GLOBUS MEDICAL INC - A / GMED Daily stock chart

GLOBUS MEDICAL INC - A

NYSE:GMED (1/30/2025, 4:15:00 PM)

After market: 93.12 0 (0%)

93.12

+0.33 (+0.36%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg0.36%
1 Week0.76%
2 Weeks2.72%
1 Month12.64%
3 Month24.36%
6 Month34.76%
12 Month79.66%
2 Year23.34%
3 Year39.55%
5 Year78.12%
10 Year294.91%
15 YearN/A
Volatility
ATR(14)2
ATR(20)%2.13%
ATR Inc-6.96%
Range Today2.39
ADR(20)1.92
ADR(20)%2.06%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.62
Mansfield2.34
10 Day High94.93
10 Day Low89.34
20 Day High94.93
20 Day Low81.37
52 Week High94.93
52 Week Low49.33
CS1 End82.89
CR1 Start92.84
Volume & EV
DER(3)-0.1%
DER(5)1.1%
Volume838.46K
Volume Incr-23.05%
Vol(5)854.91K
Vol(50)1.01M