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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
CONMED Corporation (NYSE:CNMD)
Strong Downtrend (-100) - CNMD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, CNMD continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid CNMD?
MarketClub looks at technical strength and momentum to determine if the timing is right for CNMD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for CNMD
The long-term trend has been DOWN since Feb 1st, 2024 at 91.05
The intermediate-term trend has been DOWN since Mar 14th, 2024 at 78.95
The short-term trend has been DOWN since May 8th, 2024 at 70.01
Smart Scan Analysis for CNMD
Based on our trend formula, CNMD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 71.050 | 71.220 | 69.065 | 69.465 | -2.185 |
| Prev. Close | Volume | Bid | Ask | Time |
| 69.400 | 277221 | 2024-05-08 15:59:44 |
| 52wk High | 138.47 | 52wk High Date | 2023-06-14 |
| 52wk Low | 61.05 | 52wk Low Date | 2024-04-25 |
| Average Volume | 705,917 | Shares Outstanding | 30,801 |
| Assets | 230,925,500M | Liabilities | 145,459,100M |
| P/E Ratio | 27.4521 |