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Stock Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Globus Medical, Inc. Class A (NYSE:GMED)
Bull Market Weakness (+75) - GMED is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GMED as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid GMED?
MarketClub looks at technical strength and momentum to determine if the timing is right for GMED.
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 GMED
The long-term trend has been UP since May 8th, 2024 at 57.3750
The intermediate-term trend has been UP since Jun 26th, 2024 at 67.8899
The short-term trend has been DOWN since Jul 25th, 2024 at 72.3600
Smart Scan Analysis for GMED
Based on our trend formula, GMED is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 72.26 | 73.09 | 71.65 | 71.90 | +0.15 |
| Prev. Close | Volume | Bid | Ask | Time |
| 71.75 | 625112 | 2024-07-26 15:59:49 |
| Year High | 57.83 | Year High Date | 2018-11-08 |
| Year Low | 42.17 | Year Low Date | 2018-01-02 |
| 52wk High | 74.16 | 52wk High Date | 2024-07-23 |
| 52wk Low | 43.385 | 52wk Low Date | 2023-11-09 |
| Year End Close | 10.49 | Average Volume | 865,666 |
| Shares Outstanding | 135,057 | Short Interest | 5,643,039 |
| % Institutional | 29 | Market Cap | 5,118M |
| Assets | 494,361,200M | Liabilities | 102,125,100M |
| P/E Ratio | 115.7258 | Beta | -1.14000000 |
| Volatility | 40.34 |