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Stock Trend Analysis Report

Prepared for you on Wednesday, November 20, 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.

NYSE_CNMD
Open High Low CNMD Price Change
70.50 72.70 69.33 71.70 +0.93
Entry Signal

MarketClub’s Trade Triangles for CNMD

long term down The long-term trend has been DOWN since Feb 1st, 2024 at 91.05

intermediate term up The intermediate-term trend has been UP since Oct 31st, 2024 at 67.37

short term down The short-term trend has been DOWN since Nov 14th, 2024 at 73.46

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).

+55
Smart Scan Analysis for CNMD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
70.50 72.70 69.33 71.70 +0.93
Prev. Close Volume Bid Ask Time
71.75 235278 2024-11-19 15:59:34
52wk High117.2752wk High Date2023-12-14
52wk Low61.0552wk Low Date2024-04-25
Average Volume469,431Shares Outstanding30,891
Assets231,574,400MLiabilities138,284,800M
P/E Ratio16.794
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