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Stock Trend Analysis Report
Prepared for you on Wednesday, April 17, 2024.
Globus Medical, Inc. Class A (NYSE:GMED)
Strong Downtrend (-100) - GMED is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, GMED continues to fall. Traders should use caution 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.
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MarketClub’s Trade Triangles for GMED
The long-term trend has been DOWN since Apr 16th, 2024 at 50.870
The intermediate-term trend has been DOWN since Apr 16th, 2024 at 50.870
The short-term trend has been DOWN since Apr 12th, 2024 at 52.385
Smart Scan Analysis for GMED
Based on our trend formula, GMED is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 51.74 | 52.04 | 51.10 | 51.25 | -0.54 |
| Prev. Close | Volume | Bid | Ask | Time |
| 51.79 | 875124 | 2024-04-17 15:59:29 |
| Year High | 57.83 | Year High Date | 2018-11-08 |
| Year Low | 42.17 | Year Low Date | 2018-01-02 |
| 52wk High | 62.88 | 52wk High Date | 2023-07-27 |
| 52wk Low | 43.385 | 52wk Low Date | 2023-11-09 |
| Year End Close | 10.49 | Average Volume | 906,570 |
| Shares Outstanding | 135,372 | Short Interest | 5,643,039 |
| % Institutional | 29 | Market Cap | 5,118M |
| Assets | 508,608,300M | Liabilities | 108,812,400M |
| P/E Ratio | 48.4019 | Beta | -1.14000000 |
| Volatility | 40.34 |