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Stock Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
CONMED Corporation (NYSE:CNMD)
Sidelines Mode (+55) - CNMD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 UP since Jul 16th, 2024 at 70.40
The short-term trend has been DOWN since Jul 26th, 2024 at 70.38
Smart Scan Analysis for CNMD
Based on our trend formula, CNMD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 71.00 | 71.71 | 70.32 | 71.02 | +0.42 |
| Prev. Close | Volume | Bid | Ask | Time |
| 70.60 | 339420 | 2024-07-26 15:59:56 |
| 52wk High | 133.57 | 52wk High Date | 2023-07-27 |
| 52wk Low | 61.05 | 52wk Low Date | 2024-04-25 |
| Average Volume | 408,287 | Shares Outstanding | 30,801 |
| Assets | 230,925,500M | Liabilities | 145,459,100M |
| P/E Ratio | 27.0498 |