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Stock Trend Analysis Report

Prepared for you on Sunday, June 16, 2024.

Globus Medical, Inc. Class A (NYSE:GMED)

Sidelines Mode (-55) - GMED 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 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.

NYSE_GMED
Open High Low GMED Price Change
65.52 65.99 65.28 65.61 -0.30
Entry Signal

MarketClub’s Trade Triangles for GMED

long term up The long-term trend has been UP since May 8th, 2024 at 57.3750

intermediate term down The intermediate-term trend has been DOWN since Jun 10th, 2024 at 64.4301

short term up The short-term trend has been UP since Jun 11th, 2024 at 66.6599

Smart Scan Analysis for GMED

Based on our trend formula, GMED is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for GMED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
65.52 65.99 65.28 65.61 -0.30
Prev. Close Volume Bid Ask Time
65.61 453986 2024-06-14 15:59:56
Year High57.83Year High Date2018-11-08
Year Low42.17Year Low Date2018-01-02
52wk High67.889952wk High Date2024-06-03
52wk Low43.38552wk Low Date2023-11-09
Year End Close10.49Average Volume840,448
Shares Outstanding135,057Short Interest5,643,039
% Institutional29Market Cap5,118M
Assets494,361,200MLiabilities102,125,100M
P/E Ratio106.3064Beta-1.14000000
Volatility40.34
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