Technical Analysis for GMED - Globus Medical, Inc.

Grade Last Price % Change Price Change
B 64.92 -0.28% -0.18
GMED closed down 0.28 percent on Friday, May 20, 2022, on approximately normal volume.

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Up

Date Alert Name Type % Chg
20 DMA Resistance Bearish 0.00%
Down 3 Days in a Row Weakness 0.00%
20 DMA Resistance Bearish -0.28%
20 DMA Resistance Bearish -1.22%
1,2,3 Retracement Bearish Bearish Swing Setup -1.22%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup -1.22%
NR7 Range Contraction -1.22%
Inside Day Range Contraction -1.22%
Gapped Down Weakness -1.22%
20 DMA Resistance Bearish -2.67%

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Alert Time
Fell Below Previous Day's Low about 17 hours ago
Down 2 % about 17 hours ago
60 Minute Opening Range Breakdown about 17 hours ago
Down 1% about 18 hours ago
20 DMA Resistance about 19 hours ago

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Profile

Globus Medical, Inc. Description

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.


Classification

Sector: Healthcare
Industry: Medical Devices
Keywords: Medicine Clinical Development Pain Organ Systems Tumor Technology Products Spine Neurosurgery Healing Biomaterial Deformity Globus Medical Degenerative Disc Disease Fusion Products Neurosurgical Procedures Artificial Facet Replacement 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 84.23
52 Week Low 57.21
Average Volume 838,071
200-Day Moving Average 72.58
50-Day Moving Average 69.86
20-Day Moving Average 65.17
10-Day Moving Average 63.34
Average True Range 2.58
RSI 44.44
ADX 30.9
+DI 18.55
-DI 30.76
Chandelier Exit (Long, 3 ATRs) 74.05
Chandelier Exit (Short, 3 ATRs) 64.94
Upper Bollinger Bands 70.32
Lower Bollinger Band 60.01
Percent B (%b) 0.48
BandWidth 15.83
MACD Line -1.83
MACD Signal Line -2.18
MACD Histogram 0.3478
Fundamentals Value
Market Cap 4.95 Billion
Num Shares 76.2 Million
EPS 0.93
Price-to-Earnings (P/E) Ratio 69.51
Price-to-Sales 7.87
Price-to-Book 4.15
PEG Ratio 3.10
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 68.76
Resistance 3 (R3) 68.66 67.29 68.12
Resistance 2 (R2) 67.29 66.31 67.34 67.91
Resistance 1 (R1) 66.10 65.70 65.42 66.20 67.69
Pivot Point 64.73 64.73 64.38 64.78 64.73
Support 1 (S1) 63.54 63.75 62.86 63.64 62.15
Support 2 (S2) 62.17 63.14 62.22 61.93
Support 3 (S3) 60.98 62.17 61.72
Support 4 (S4) 61.08