Globus Medical Technical Analysis

GMED -- USA Stock  

Fiscal Quarter End: December 31, 2019  

As of the 13th of December 2019 Globus Medical retains Downside Deviation of 1.23, Risk Adjusted Performance of 0.0923 and Market Risk Adjusted Performance of 0.2092. Globus Medical technical analysis makes it possible for you to employ historical prices and volume momentum with intention to determine a pattern that calculates the direction of the corporation future prices. In other words you can use this information to find out if the corporation will indeed mirror its model of historical price patterns or the prices will eventually revert. We found nineteen technical drivers for Globus Medical which can be compared to its competitors. Please check out Globus Medical Value At Risk, and the relationship between Jensen Alpha and Semi Variance to decide if Globus Medical is priced fairly providing market reflects its last-minute price of 58.35 per share. Given that Globus Medical has Jensen Alpha of 0.1287, we strongly advise you confirm Globus Medical regular market performance to make sure the company can sustain itself at future point.
Target PriceAdvice# of Analysts
Globus Medical current and past analyst recommendations published by number of research institutions as well as average analyst consensus
Globus Medical Analyst Advice  
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Globus Medical Technical Analysis

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  Portfolio Suggestion    
Execute Indicator
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Normalized Average True Range is used to analyze tradable apportunities for Globus Medical across different markets. View also all equity analysis or get more info about normalized average true range volatility indicators indicator.

Globus Medical Trend Analysis

Use this graph to draw trend lines for Globus Medical. You can use it to identify possible trend reversals for Globus Medical as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Globus Medical price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Globus Medical Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Globus Medical applied against its price change over selected period. The best fit line has a slop of   0.14  which means Globus Medical will continue generating value for investors. It has 122 observation points and a regression sum of squares at 697.81, which is the sum of squared deviations for the predicted Globus Medical price change compared to its average price change.

Globus Medical December 13, 2019 Technical Indicators

Globus Medical December 13, 2019 Daily Price Condition

Please also check Risk vs Return Analysis. Please also try Money Flow Index module to determine momentum by analyzing money flow index and other technical indicators.