Technical Analysis for CNMD - CONMED Corporation

Grade Last Price % Change Price Change
grade A 102.19 0.48% 0.49
CNMD closed up 0.48 percent on Tuesday, September 17, 2019, on approximately normal volume. The bulls were able to push the stock to a new 52-week high. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Strong Up Up Up
See historical CNMD trend table...

Date Alert Name Type % Chg
Shooting Star Candlestick Bearish 0.00%
Lizard Bearish Bearish Day Trade Setup 0.00%
New 52 Week Closing High Bullish 0.00%
Doji - Bearish? Reversal 0.00%
New 52 Week High Strength 0.00%
Gapped Up Strength 0.00%
Overbought Stochastic Strength 0.00%
Up 3 Days in a Row Strength 0.00%
Up 4 Days in a Row Strength 0.00%
Up 5 Days in a Row Strength 0.00%

Older signals for CNMD ...

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Profile
CONMED Corporation provides surgical devices and equipment for minimally invasive procedures and monitoring. It offers arthroscopy products, including powered resection instruments, arthroscopes, reconstructive systems, tissue repair sets, metal and bioabsorbable implants, and related disposable products and fluid management systems; video endoscopy products for use in multi-specialty clinical environments; powered surgical instruments used to perform orthopedic, arthroscopic, and other surgical procedures; and electrosurgery products comprising pencils, ground pads, active electrodes, generators, coagulation systems, and smoke evacuation and vessel sealing systems used to cut and coagulate tissue and small vessels. The company also provides patient care products comprising vital signs and cardiac monitoring products, including pulse oximetry equipment and sensors, ECG electrodes and cables, cardiac defibrillation and pacing pads, and blood pressure cuffs; surgical suction instruments and tubing products; and IV products used in critical care areas. In addition, it offers endosurgical products, such as clip appliers, laparoscopic instruments, dilating trocars, suction/irrigation instruments and accessories, laparoscopic scissors, dissectors and graspers, active electrodes, insufflation needles, linear cutters, and staplers for use in laparoscopic surgery. Further, the company provides endoscopic technology products comprising mucosal management devices, forceps, scope management accessories, bronchoscopy devices, dilatation, stricture management devices, hemostasis, biliary devices, and polypectomy for gastrointestinal endoscopy and pulmonology. Its products are used by surgeons and physicians in orthopedics, general surgery, gynecology, neurosurgery, and gastroenterology. The company has operations in the United States, Canada, the United Kingdom, Japan, Australia, and internationally. CONMED Corporation was founded in 1970 and is headquartered in Utica, New York.
Medicine Medical Specialties Clinical Medicine Metal Medical Equipment Medical Devices Neurosurgery Minimally Invasive Procedures General Surgery Digestive System Surgery Endoscopy Electrosurgery Laparoscopy Surgical Devices
Is CNMD a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 4 bullish, 0 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 103.9
52 Week Low 56.905
Average Volume 200,309
200-Day Moving Average 80.3737
50-Day Moving Average 93.727
20-Day Moving Average 99.669
10-Day Moving Average 99.759
Average True Range 2.2849
ADX 38.45
+DI 31.3845
-DI 12.6674
Chandelier Exit (Long, 3 ATRs ) 97.0453
Chandelier Exit (Short, 3 ATRs ) 100.5147
Upper Bollinger Band 102.8158
Lower Bollinger Band 96.5222
Percent B (%b) 0.9
BandWidth 6.314501
MACD Line 1.9686
MACD Signal Line 2.075
MACD Histogram -0.1064
Fundamentals Value
Market Cap 2.85 Billion
Num Shares 27.9 Million
EPS 0.56
Price-to-Earnings (P/E) Ratio 182.48
Price-to-Sales 1.91
Price-to-Book 2.54
PEG Ratio 5.28
Dividend 0.80
Dividend Yield 0.78%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 105.13
Resistance 3 (R3) 105.37 104.64 104.64
Resistance 2 (R2) 104.64 103.89 104.52 104.48
Resistance 1 (R1) 103.41 103.43 104.03 103.17 104.31
Pivot Point 102.68 102.68 102.98 102.56 102.68
Support 1 (S1) 101.45 101.93 102.07 101.21 100.07
Support 2 (S2) 100.72 101.47 100.60 99.90
Support 3 (S3) 99.49 100.72 99.74
Support 4 (S4) 99.25