Conmed Corporation (CNMD) Technical (Analysis) Reports Conmed Corporation ["Technical Analysis"] Reports -USA Stock Exchange MunafaSutra.com
Complete & easy to understand technical analysis of Conmed Corporation (CNMD)
Technical Analysis Report for USA stock CNMD Conmed Corporation. Dated: 28 Jun 2024 Updated Daily. Stock trades under Health Care Deals in Biotechnology Electromedical Electrotherapeutic Apparatus in USA stock exchange
If you are looking for Tomorrow's Movement Predictions for USA stock CNMD Conmed Corporation then click here. or read Experts views on Conmed Corporation or Forecast & share price targets of Conmed Corporation
Conmed Corporation Opened at 68.04 and Closed at: 69.32, which is 2.63% of previous session's close. It moved within a range of 67.66 and 69.40
The session was a Bullish session with an average volume of 673500, which is 66.46% of previous session's volumes.
- Even though the stock has shown an up move, but the short term trend of the stock remains negative and in a downtrend.
- Even though the stock has shown an up move, but the mid term trend of the stock remains negative and in a downtrend.
- Even though the stock has shown an up move, but the long term trend of the stock remains negative and in a downtrend.
A Dead cross was found 8 days back on mid term averages
Support for tomorrow is 68.49 and resistance for tomorrow is 70.23
These support and resistance points are valid for the first 5-15 minutes charts
Above are simple pivot point calculations. For a list of much stronger support and resistance levels click here. These are way more stronger support and resistance levels, and mark trend reversals and are Support & Resistance levels recommended by experts.
Support for tomorrow's hourly charts is 68.19, 67.05 resistance for tomorrow's hourly charts is 69.93, 70.53
10 Day SMA for Conmed Corporation (CNMD) is 67.89 and stock is trading above these levels. This is a good sign for its short term trend
20 Day SMA for Conmed Corporation (CNMD) is 71.55 and the stock is trading below these levels. This is not a good sign for its mid term trend
50 Day SMA for Conmed Corporation (CNMD) is 71.74 and the stock is trading below these levels. This is not a good sign for its mid to long term trend
100 Day SMA is 75.82 and the stock is trading below these levels. This is not a good sign for its long term trend
200 Day SMA Conmed Corporation is 88.94 and stock is trading below these levels. This is not a good sign for its long term trend
20 DMA of Conmed Corporation is at 71.55 and 200 DMA is at 88.94, while 50 DMA and 100 DMA are at 71.74 and 75.82 respectively
Conmed Corporation (CNMD) moving average of 20 SMA is at 71.55 and 20 EMA is at 70.24
| Date | Closing Price | 20 SMA | 20 EMA |
| 28 Fri Jun | 69.32 | 71.55 | 70.24 |
| 27 Thu Jun | 67.50 | 71.9 | 70.34 |
| 26 Wed Jun | 67.45 | 72.31 | 70.64 |
| 25 Tue Jun | 66.92 | 72.65 | 70.98 |
| 24 Mon Jun | 68.14 | 73.03 | 71.41 |
| 21 Fri Jun | 67.10 | 73.33 | 71.75 |
Conmed Corporation (CNMD) moving average of 50 SMA is at 71.74 and 50 EMA is at 72.79
| Date | Closing Price | 50 SMA | 50 EMA |
| 28 Fri Jun | 69.32 | 71.74 | 72.79 |
| 27 Thu Jun | 67.50 | 71.78 | 72.93 |
| 26 Wed Jun | 67.45 | 71.88 | 73.15 |
| 25 Tue Jun | 66.92 | 72.08 | 73.38 |
| 24 Mon Jun | 68.14 | 72.25 | 73.64 |
| 21 Fri Jun | 67.10 | 72.38 | 73.86 |
Conmed Corporation (CNMD) moving average of 100 SMA is at 75.82 and 100 EMA is at 77.68
| Date | Closing Price | 100 SMA | 100 EMA |
| 28 Fri Jun | 69.32 | 75.82 | 77.68 |
| 27 Thu Jun | 67.50 | 75.97 | 77.85 |
| 26 Wed Jun | 67.45 | 76.13 | 78.06 |
| 25 Tue Jun | 66.92 | 76.29 | 78.27 |
| 24 Mon Jun | 68.14 | 76.45 | 78.5 |
| 21 Fri Jun | 67.10 | 76.58 | 78.71 |
Conmed Corporation (CNMD) moving average of 200 SMA is at 88.94 and 200 EMA is at 85.81
| Date | Closing Price | 200 SMA | 200 EMA |
| 28 Fri Jun | 69.32 | 88.94 | 85.81 |
| 27 Thu Jun | 67.50 | 89.13 | 85.98 |
| 26 Wed Jun | 67.45 | 89.33 | 86.17 |
| 25 Tue Jun | 66.92 | 89.53 | 86.36 |
| 24 Mon Jun | 68.14 | 89.73 | 86.56 |
| 21 Fri Jun | 67.10 | 89.93 | 86.75 |
Conmed Corporation has performed better than Nu Skin in short term. Holding Conmed Corporation could be a better choice for now!
Globus Medical has performed better than Conmed Corporation in short term. You could have earned much better returns by investing in Globus Medical, about 12.86% more returns!
Conmed Corporation has performed better than Seelos Therapeutics in short term. Holding Conmed Corporation could be a better choice for now!
Conmed Corporation has performed better than Scynexis Inc in short term. Holding Conmed Corporation could be a better choice for now!
Rockwell Medical has performed better than Conmed Corporation in short term. You could have earned much better returns by investing in Rockwell Medical, about 10.75% more returns!
Radnet Inc has performed better than Conmed Corporation in short term. You could have earned much better returns by investing in Radnet Inc, about 10.26% more returns!
Marker Therapeutics has performed better than Conmed Corporation in short term. You could have earned much better returns by investing in Marker Therapeutics, about 44.92% more returns!
Conmed Corporation has performed better than Karyopharm Therapeutics in short term. Holding Conmed Corporation could be a better choice for now!
Conmed Corporation has performed better than Iridex Corporation in short term. Holding Conmed Corporation could be a better choice for now!
Idexx Laboratories has performed better than Conmed Corporation in short term. You could have earned much better returns by investing in Idexx Laboratories, about 9.12% more returns!
Harrow Health has performed better than Conmed Corporation in short term. You could have earned much better returns by investing in Harrow Health, about 32.85% more returns!
Conmed Corporation has performed better than Eyenovia Inc in short term. Holding Conmed Corporation could be a better choice for now!
Eyegate Pharmaceuticals has performed better than Conmed Corporation in short term. You could have earned much better returns by investing in Eyegate Pharmaceuticals, about 10.41% more returns!
Exelixis Inc has performed better than Conmed Corporation in short term. You could have earned much better returns by investing in Exelixis Inc, about 12.64% more returns!
Eagle Pharmaceuticals has performed better than Conmed Corporation in short term. You could have earned much better returns by investing in Eagle Pharmaceuticals, about 57.16% more returns!
Aurinia Pharmaceuticals has performed better than Conmed Corporation in short term. You could have earned much better returns by investing in Aurinia Pharmaceuticals, about 16.71% more returns!
Arvinas Inc has performed better than Conmed Corporation in short term. You could have earned much better returns by investing in Arvinas Inc, about 5.63% more returns!
Ani Pharmaceuticals has performed better than Conmed Corporation in short term. You could have earned much better returns by investing in Ani Pharmaceuticals, about 10.56% more returns!
Allogene Therapeutics has performed better than Conmed Corporation in short term. You could have earned much better returns by investing in Allogene Therapeutics, about 3.01% more returns!
Conmed Corporation Technical analysis of indicators
Price action analysis of Conmed Corporation (CNMD) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Conmed Corporation stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Conmed Corporation in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Conmed Corporation Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Conmed Corporation in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Conmed Corporation is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 67.95 and Conmed Corporation CNMD stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down
People seem to be coming out and selling the Conmed Corporation CNMD stock. Volume based technical analysis of Conmed Corporation CNMD stock is negative.
Conmed Corporation Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Tomorrow's Predictions
You should also read Tomorrow's Movement Predictions for USA stock CNMD Conmed Corporation These predictions are based on various factors, are easy to understand, and upto 75% accurate!
And CNMD Experts View which covers a lot of information including buying and selling signals
CNMD future forecast & share price targets
You can also take a look at the Charts and indicator analysis here Announcements & NEWS by Conmed Corporation or View Candle Stick Charts here
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