Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Friday, September 29, 2023.
Globus Medical, Inc. Class A (NYSE:GMED)
Countertrend Down (-85) - GMED 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 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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for GMED
The long-term trend has been DOWN since Sep 6th, 2023 at 52.81
The intermediate-term trend has been DOWN since Aug 3rd, 2023 at 57.78
The short-term trend has been UP since Sep 28th, 2023 at 50.73
Smart Scan Analysis for GMED
Based on our trend formula, GMED is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 50.580 | 50.790 | 50.020 | 50.095 | -0.155 |
| Prev. Close | Volume | Bid | Ask | Time |
| 50.250 | 142516 | 2023-09-29 11:58:18 |
| Year High | 57.83 | Year High Date | 2018-11-08 |
| Year Low | 42.17 | Year Low Date | 2018-01-02 |
| 52wk High | 80.04 | 52wk High Date | 2023-02-03 |
| 52wk Low | 48.86 | 52wk Low Date | 2023-09-14 |
| Year End Close | 10.49 | Average Volume | 2,816,051 |
| Shares Outstanding | 100,461 | Short Interest | 5,643,039 |
| % Institutional | 29 | Market Cap | 5,118M |
| Assets | 221,246,500M | Liabilities | 227,400,000M |
| P/E Ratio | 25.5076 | Beta | -1.14000000 |
| Volatility | 40.34 |