CONMED CORP (CNMD) Stock Technical Analysis
NYSE:CNMD - US2074101013 - Common Stock
55.025 USD
-0.79 (-1.41%)
Taking everything into account, CNMD scores 2 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. CNMD was also a bad performer in the overall market in the last year.
86% of all other stocks performed better in the past year than CNMD.
CNMD is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month CNMD has a been trading in the 49.59 - 56.12 range, which is quite wide. It is currently trading near the high of this range.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
CNMD is an average performer in the Health Care Equipment & Supplies industry, it outperforms 43% of 185 stocks in the same industry.
Although the technical rating is bad, CNMD does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 55.82. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for CNMD in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
47.15
77.20
We found 1 important support area.
- A support zone ranging from 47.63 to 47.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
5 important resistance areas can be observed.
- A resistance zone ranging from 55.82 to 55.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @57.56 from a trend line in the daily time frame.
- Resistance @60.43 from a horizontal line in the daily time frame.
- Resistance @72.00 from a trend line in the weekly time frame.
- Resistance @76.44 from a horizontal line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for CNMD is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CNMD is up. |
| ChartMill Relative Strength | 14.92 | NEGATIVE | CNMD has a low relative strength, it was outperformed by 85.08% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CNMD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of CNMD is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CNMD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 59.22 | NEUTRAL | The RSI value for CNMD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.22 | POSITIVE | The MACD value suggests CNMD has a positive trend. |
| Stochastics (14,3) | 66.2 | NEUTRAL | The Stochastics value for CNMD is a neutral value. |
| Average True Range in percent/ATR (20) | 3.68 | MEDIUM VOLATILITY | The ATR as a percentage value for CNMD suggests some volalility. |
| Average Directional Index/ADX (14) | 15.65 | NEGATIVE | The low ADX value for CNMD suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
NYSE:CNMD (8/25/2025, 10:51:09 AM)
55.025
-0.79 (-1.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-1.41%
1 Week5.06%
2 Weeks2.09%
1 Month9.54%
3 Month0.74%
6 Month-8.7%
12 Month-22.43%
2 Year-49.93%
3 Year-36.99%
5 Year-35.34%
10 Year5.18%
15 Year201.51%
Volatility
ATR(14)2.03
ATR(20)%3.68%
ATR Inc7.67%
Range Today1.26
ADR(20)1.98
ADR(20)%3.61%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.92
Mansfield-1.87
10 Day High56.12
10 Day Low52
20 Day High56.12
20 Day Low49.59
52 Week High78.19
52 Week Low46
CS1 End47.66
CR1 Start55.82
Volume & EV
DER(3)3.77%
DER(5)3.95%
Volume31.49K
Volume Incr-37.04%
Vol(5)379.20K
Vol(50)502.85K