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Stock Trend Analysis Report
Prepared for you on Monday, January 20, 2025.
CONMED Corporation (NYSE:CNMD)
Long-Term Downtrend (-90) - CNMD is in a strong downtrend that is likely to continue. While CNMD is showing intraday strength, it remains in the confines of a bearish trend. 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 91.0500
The intermediate-term trend has been DOWN since Dec 16th, 2024 at 71.0100
The short-term trend has been DOWN since Jan 14th, 2025 at 66.5975
Smart Scan Analysis for CNMD
Based on our trend formula, CNMD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 67.210 | 68.245 | 66.375 | 67.680 | +0.820 |
| Prev. Close | Volume | Bid | Ask | Time |
| 67.690 | 328916 | 2025-01-17 15:59:50 |
| 52wk High | 104.07 | 52wk High Date | 2024-01-19 |
| 52wk Low | 61.05 | 52wk Low Date | 2024-04-25 |
| Average Volume | 424,180 | Shares Outstanding | 30,891 |
| Assets | 231,574,400M | Liabilities | 138,284,800M |
| P/E Ratio | 16.0631 |