GLOBUS MEDICAL INC - A (GMED)
US3795772082 - Common Stock
We assign a technical rating of 10 out of 10 to GMED. 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. 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 89% 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.
In the last month GMED has a been trading in the 73.10 - 85.01 range, which is quite wide. It is currently trading near the high of this range.
GMED has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
58.10
85.76
We found 6 important support areas.
- Support @81.10 from a horizontal line in the daily time frame.
- A support zone ranging from 74.46 to 75.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @71.82 from a trend line in the daily time frame.
- Support @69.27 from a horizontal line in the daily time frame.
- Support @67.80 from a horizontal line in the daily time frame.
- Support @58.69 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.57
Mansfield2.11
10 Day High85.01
10 Day Low79.94
20 Day High85.01
20 Day Low73.1
52 Week High85.01
52 Week Low44.02
Performance
1 Week4.7%
2 Weeks3.59%
1 Month15.3%
3 Month17.85%
6 Month29%
12 Month83.31%
2 Year14.91%
3 Year35.6%
5 Year51.76%
10 Year268.53%
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)0.28
RSI(14)72.75
LBB75.86
UBB86.95
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 85.02 | 81.09 | 3.93 (4.62%) | 21.63% |
| An entry @85.02. This is a Buy Stop order right above the 10 day high. | An exit @81.09. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 3.93 points, which is 4.62%. | For a 1.00% total portfolio risk, you can invest 21.63% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
GLOBUS MEDICAL INC - A
NYSE:GMED (11/21/2024, 8:04:00 PM)
After market: 84.91 0 (0%)84.91
+1.32 (+1.58%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg1.58%
1 Week4.7%
2 Weeks3.59%
1 Month15.3%
3 Month17.85%
6 Month29%
12 Month83.31%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.31
ATR(20)%2.4%
ATR Inc
Range Today1.93
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High85.01
10 Day Low79.94
20 Day High85.01
20 Day Low73.1
52 Week High85.01
52 Week Low44.02
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.75M
Volume Incr4.79%
Vol(5)1.08M
Vol(50)865.99K