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Stock Trend Analysis Report
Prepared for you on Friday, April 19, 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.
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MarketClub’s Trade Triangles for CNMD
The long-term trend has been DOWN since Feb 1st, 2024 at 91.05
The intermediate-term trend has been DOWN since Mar 14th, 2024 at 78.95
The short-term trend has been UP since Apr 17th, 2024 at 77.40
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 72.79 | 72.79 | 70.57 | 71.12 | -1.64 |
| Prev. Close | Volume | Bid | Ask | Time |
| 71.08 | 482849 | 2024-04-18 15:59:32 |
| 52wk High | 138.47 | 52wk High Date | 2023-06-14 |
| 52wk Low | 73.875 | 52wk Low Date | 2024-04-12 |
| Average Volume | 454,633 | Shares Outstanding | 30,781 |
| Assets | 230,002,100M | Liabilities | 146,579,900M |
| P/E Ratio | 35.6667 |