Technical Analysis for GMED - Globus Medical, Inc.

Grade Last Price % Change Price Change
A 67.0 1.07% 0.71
GMED closed up 1.07 percent on Friday, April 9, 2021, on 1.12 times normal volume. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up
Historical GMED trend table...

Date Alert Name Type % Chg
Pocket Pivot Bullish Swing Setup 0.00%
Upper Bollinger Band Walk Strength 0.00%
Above Upper BB 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%
Pocket Pivot Bullish Swing Setup 1.07%
Upper Bollinger Band Walk Strength 1.07%
Above Upper BB Strength 1.07%
Older End-of-Day Signals for GMED ...

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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 Technology Products Tumor Spine Healing Neurosurgery Biomaterials Deformity Biomaterial Globus Medical Fusion Products Neurosurgical Procedures Artificial Facet Replacement Degenerative Disc Disease 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 68.24
52 Week Low 42.85
Average Volume 418,881
200-Day Moving Average 57.30
50-Day Moving Average 62.86
20-Day Moving Average 62.04
10-Day Moving Average 63.03
Average True Range 1.42
ADX 19.54
+DI 36.09
-DI 12.95
Chandelier Exit (Long, 3 ATRs ) 62.75
Chandelier Exit (Short, 3 ATRs ) 63.63
Upper Bollinger Band 65.86
Lower Bollinger Band 58.23
Percent B (%b) 1.15
BandWidth 12.29
MACD Line 0.73
MACD Signal Line -0.02
MACD Histogram 0.7462
Fundamentals Value
Market Cap 5.11 Billion
Num Shares 76.2 Million
EPS 0.93
Price-to-Earnings (P/E) Ratio 71.73
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) 68.07
Resistance 3 (R3) 67.95 67.48 67.89
Resistance 2 (R2) 67.48 67.21 67.54 67.83
Resistance 1 (R1) 67.24 67.04 67.36 67.36 67.77
Pivot Point 66.77 66.77 66.83 66.83 66.77
Support 1 (S1) 66.53 66.50 66.65 66.64 66.23
Support 2 (S2) 66.06 66.33 66.11 66.17
Support 3 (S3) 65.82 66.06 66.11
Support 4 (S4) 65.93