REPORTING FOR 2019-10-21 | LOGISTICS-BUSINESS-REVIEW.COM: We have done an in-depth analysis of how GMED has been trading over the last 2 weeks and the past day especially. On its latest session, Globus Medical, Inc. ($GMED) opened at 50.86, reaching a high of 51.82 and a low of 50.55 before closing at a price of 51.4. There was a total volume of 440654.
VOLUME INDICATORS FOR GLOBUS MEDICAL, INC. ($GMED): We saw an accumulation-distribution index of 288.63583, an on-balance volume of -51.01, chaikin money flow of 1.64583 and a force index of 0.9009. There was an ease of movement rating of 0.00388, a volume-price trend of 5.01357 and a negative volume index of 1000.0.
VOLATILITY INDICATORS FOR GLOBUS MEDICAL, INC. ($GMED): We noted an average true range of 0.54395, bolinger bands of 51.04368, an upper bollinger band of 49.51632, lower bollinger band of 50.55, a bollinger high band indicator of nan, bollinger low band indicator of 1.0, a central keltner channel of 51.07667, high band keltner channel of 50.11667, low band keltner channel of 52.03667, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 50.55, a donchian channel low band of 50.55, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.
TREND INDICATORS FOR GLOBUS MEDICAL, INC. ($GMED): We calculated a Moving Average Convergence Divergence (MACD) of -0.01212, a MACD signal of -0.00673, a MACD difference of -0.00538, a fast Exponential Moving Average (EMA) indicator of 50.55, a slow Exponential Moving Average (EMA) indicator of 50.55, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.06181, a trix of 5.4373, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of -66.66667, a Detrended Price Oscillator (DPO) of -4.54063, a KST Oscillator (KST) of 98.68929 and a KST Oscillator (KST Signal) of 98.68929 (leaving a KST difference of -2.93419). We also found an Ichimoku rating of 51.34, an Ichimoku B rating of 51.34, a Ichimoku visual trend A of 47.6861, an Ichimoku visual trend B of 49.09765, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of -4.0.
MOMENTUM INDICATORS FOR GLOBUS MEDICAL, INC. ($GMED): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 93.60908, a stochastic oscillator of 132.29167, a stochastic oscillator signal of 132.29167, a Williams %R rating of 32.29167 and an awesome oscillator of -0.13333.
RETURNS FOR GLOBUS MEDICAL, INC. ($GMED): There was a daily return of 9.86893, a daily log return of -1.074 and a cumulative return of -1.06825.
What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-10-21 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for Globus Medical, Inc. ($GMED)…
DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling Globus Medical, Inc. ($GMED) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.