GLOBUS MEDICAL INC - A (GMED) Stock Technical Analysis
NYSE:GMED - New York Stock Exchange, Inc. - US3795772082 - Common Stock - Currency: USD
Overall GMED gets a technical rating of 4 out of 10. Although GMED is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
In the last month GMED has a been trading in the 78.19 - 93.92 range, which is quite wide. It is currently trading near the lows of this range.
When comparing the yearly performance of all stocks, we notice that GMED is one of the better performing stocks in the market, outperforming 89% of all stocks. On top of that, GMED also shows a nice and consistent pattern of rising prices.
GMED is part of the Health Care Equipment & Supplies industry. There are 188 other stocks in this industry. GMED outperforms 84% of them.
GMED has an average volume of 1225710 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
GMED is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so GMED is lagging the market slightly.
GMED has an average technical rating and also the quality of the setup is 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
74.25
81.93
2 important support areas can be observed.
- A support zone ranging from 78.67 to 79.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @75.00 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 80.32 to 81.12. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS89.28
Mansfield0.63
10 Day High85.5
10 Day Low78.19
20 Day High93.92
20 Day Low78.19
52 Week High94.93
52 Week Low49.33
Performance
1 Week-0.96%
2 Weeks-5.58%
1 Month-14.53%
3 Month-4.88%
6 Month13.23%
12 Month43.15%
2 Year39.92%
3 Year7.41%
5 Year86.34%
10 Year213.99%
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)-0.62
RSI(14)30.6
LBB77.41
UBB86.52
79.25
-1.07 (-1.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-1.33%
1 Week-0.96%
2 Weeks-5.58%
1 Month-14.53%
3 Month-4.88%
6 Month13.23%
12 Month43.15%
2 Year39.92%
3 Year7.41%
5 Year86.34%
10 Year213.99%
15 YearN/A
Volatility
ATR(14)2.06
ATR(20)%2.96%
ATR Inc14.51%
Range Today2.37
ADR(20)2.26
ADR(20)%2.85%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.28
Mansfield0.63
10 Day High85.5
10 Day Low78.19
20 Day High93.92
20 Day Low78.19
52 Week High94.93
52 Week Low49.33
CS1 End79.24
CR1 Start80.32
Volume & EV
DER(3)4.49%
DER(5)3.27%
Volume742.60K
Volume Incr-20.01%
Vol(5)1.06M
Vol(50)1.23M