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Stock Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

CONMED Corporation (NYSE:CNMD)

Countertrend Down (-85) - CNMD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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.

Open High Low CNMD Price Change
72.63 73.26 71.16 71.31 -1.30
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 down The intermediate-term trend has been DOWN since Mar 14th, 2024 at 78.95

short term up The short-term trend has been UP since Apr 23rd, 2024 at 73.08

Smart Scan Analysis for CNMD

Based on our trend formula, CNMD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for CNMD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
72.63 73.26 71.16 71.31 -1.30
Prev. Close Volume Bid Ask Time
71.31 465394 2024-04-23 15:59:59
52wk High138.4752wk High Date2023-06-14
52wk Low70.5752wk Low Date2024-04-18
Average Volume448,631Shares Outstanding30,781
P/E Ratio35.5931
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