Technical Analysis for GMED - Globus Medical, Inc.

Grade Last Price % Change Price Change
grade F 53.3 0.02% 0.01
GMED closed up 0.02 percent on Friday, January 17, 2020, on approximately normal volume. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Strong Up Down Down
Historical GMED trend table...

Date Alert Name Type % Chg
1,2,3 Retracement Bearish Bearish Swing Setup 0.00%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 0.00%
Calm After Storm Range Contraction 0.00%
Oversold Stochastic Weakness 0.00%
1,2,3 Retracement Bearish Bearish Swing Setup 0.02%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 0.02%
Calm After Storm Range Contraction 0.02%
Narrow Range Bar Range Contraction 0.02%
NR7 Range Contraction 0.02%
Lower Bollinger Band Walk Weakness 0.02%

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Profile

Globus Medical, Inc., a medical device company, focuses on the design, development, and commercialization of products that promote healing in patients with spine disorders. It offers approximately 100 innovative fusion and disruptive technology products that address an array of spinal pathologies, anatomies, and surgical approaches. The company's innovative fusion products are used in cervical, thoracolumbar, sacral, and interbody/corpectomy fusion procedures to treat degenerative, deformity, tumor, and trauma conditions. Its disruptive technology products provide material improvements to fusion procedures, such as minimally invasive surgical techniques, as well as new treatment alternatives, which include motion preservation technologies, such as dynamic stabilization, total disc replacement and interspinous process spacer products, and advanced biomaterials technologies. The company's products under clinical development include SECURE-C Cervical Artificial Disc, an artificial disc designed to alleviate pain and preserve motion in patients with symptomatic cervical disc disease; ACADIA Facet Replacement System, which allows for an anatomic reconstruction of the facet joint after the degenerated facet is decompressed and removed; and TRIUMPH Lumbar Disc that is used in the treatment of lumbar degenerative disc disease. Globus Medical, Inc. sells its implants and related disposables primarily to hospitals. The company markets and sells its products through sales representatives and independent distributors in the United States and 17 countries internationally. Globus Medical, Inc. was founded in 2003 and is based in Audubon, Pennsylvania.
Medicine Medical Specialties Pain Organ Systems Tumor Neurosurgery Deformity Globus Medical Neurosurgical Procedures Instrumented Posterior Lumbar Interbody Fusion Intervertebral Disc Arthroplasty Spine Disorders Vertebra

Is GMED a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 60.15
52 Week Low 38.365
Average Volume 538,206
200-Day Moving Average 48.91
50-Day Moving Average 56.48
20-Day Moving Average 56.91
10-Day Moving Average 54.84
Average True Range 1.17
ADX 36.78
+DI 13.75
-DI 31.59
Chandelier Exit (Long, 3 ATRs ) 56.64
Chandelier Exit (Short, 3 ATRs ) 55.80
Upper Bollinger Band 62.27
Lower Bollinger Band 51.55
Percent B (%b) 0.16
BandWidth 18.83
MACD Line -1.08
MACD Signal Line -0.40
MACD Histogram -0.6812
Fundamentals Value
Market Cap 5.13 Billion
Num Shares 96.2 Million
EPS 1.11
Price-to-Earnings (P/E) Ratio 48.02
Price-to-Sales 5.03
Price-to-Book 3.31
PEG Ratio 2.32
Dividend 0.00
Dividend Yield 0.00%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 54.60
Resistance 3 (R3) 54.65 54.27 54.38
Resistance 2 (R2) 54.27 53.94 54.25 54.31
Resistance 1 (R1) 53.79 53.74 53.60 53.73 54.24
Pivot Point 53.41 53.41 53.31 53.38 53.41
Support 1 (S1) 52.92 53.08 52.73 52.87 52.36
Support 2 (S2) 52.54 52.87 52.52 52.29
Support 3 (S3) 52.06 52.54 52.22
Support 4 (S4) 52.00