NYSE:GMED - New York Stock Exchange, Inc. - US3795772082 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to GMED. GMED's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
GMED has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
55.25
When analyzing the support we notice one important area.
When analyzing the resistance we notice 3 important areas.
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 GMED is down. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GMED is down. |
ChartMill Relative Strength | 20.63 | NEGATIVE | GMED has a low relative strength, it was outperformed by 79.37% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GMED is below a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GMED is below a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GMED is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 34.77 | NEUTRAL | The RSI value for GMED is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.38 | NEGATIVE | The MACD value suggests GMED has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 28.79 | NEUTRAL | The Stochastics value for GMED is a neutral value. |
Average True Range in percent/ATR (20) | 4.37 | MEDIUM VOLATILITY | The ATR as a percentage value for GMED suggests some volalility. |
Average Directional Index/ADX (14) | 33.91 | POSITIVE | The high ADX value value for GMED suggests a strong trend. |
58.96
+0.36 (+0.61%)