Technical Analysis for CNMD - CONMED Corporation

Grade Last Price % Change Price Change
C 74.91 4.46% 3.20
CNMD closed up 4.46 percent on Friday, November 22, 2024, on approximately normal volume. The stock crossed above its 200 day moving average, improving its long-term outlook by crossing above that critical trendline.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up

Date Alert Name Type % Chg
Crossed Above 200 DMA Bullish 0.00%
20 DMA Support Bullish 4.46%
Outside Day Range Expansion 4.46%
MACD Bearish Signal Line Cross Bearish 5.97%
20 DMA Support Bullish 5.97%
NR7 Range Contraction 5.97%
Inside Day Range Contraction 5.97%
200 DMA Resistance Bearish 4.40%
20 DMA Support Bullish 4.40%
50 DMA Support Bullish 4.40%

   Recent Intraday Alerts

Alert Time
Up 3% about 14 hours ago
Up 1 ATR about 14 hours ago
60 Minute Opening Range Breakout about 16 hours ago
Rose Above 200 DMA about 16 hours ago
Rose Above 10 DMA about 16 hours ago

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Profile

CONMED Corporation Description

CONMED Corporation provides surgical devices and equipment for minimally invasive procedures and monitoring. It offers arthroscopy products, including powered resection instruments, arthroscopes, reconstructive systems, tissue repair sets, metal and bioabsorbable implants, and related disposable products and fluid management systems; video endoscopy products for use in multi-specialty clinical environments; powered surgical instruments used to perform orthopedic, arthroscopic, and other surgical procedures; and electrosurgery products comprising pencils, ground pads, active electrodes, generators, coagulation systems, and smoke evacuation and vessel sealing systems used to cut and coagulate tissue and small vessels. The company also provides patient care products comprising vital signs and cardiac monitoring products, including pulse oximetry equipment and sensors, ECG electrodes and cables, cardiac defibrillation and pacing pads, and blood pressure cuffs; surgical suction instruments and tubing products; and IV products used in critical care areas. In addition, it offers endosurgical products, such as clip appliers, laparoscopic instruments, dilating trocars, suction/irrigation instruments and accessories, laparoscopic scissors, dissectors and graspers, active electrodes, insufflation needles, linear cutters, and staplers for use in laparoscopic surgery. Further, the company provides endoscopic technology products comprising mucosal management devices, forceps, scope management accessories, bronchoscopy devices, dilatation, stricture management devices, hemostasis, biliary devices, and polypectomy for gastrointestinal endoscopy and pulmonology. Its products are used by surgeons and physicians in orthopedics, general surgery, gynecology, neurosurgery, and gastroenterology. The company has operations in the United States, Canada, the United Kingdom, Japan, Australia, and internationally. CONMED Corporation was founded in 1970 and is headquartered in Utica, New York.


Classification

Sector: Healthcare
Industry: Medical Devices
Keywords: Medicine Clinical Medicine Metals Medical Equipment Gastrointestinal Irrigation Medical Device Technology Products Polyp Disposable Products Gastroenterology Neurosurgery Surgical Products Disposable Product Minimally Invasive Procedure Orthopedics Endoscopy Coagulation Fluid Management General Surgery Pulmonology Cardiac Monitoring Digestive System Surgery Coagulation System Hemostasis Oab Arthroscopy Electrosurgery Pulse Oximetry Surgical Instruments Trocar Defibrillation Electrosurgery Products Endoscopy Products Laparoscopy Surgical Devices

Is CNMD a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 116.1636
52 Week Low 60.7209
Average Volume 418,897
200-Day Moving Average 72.37
50-Day Moving Average 69.53
20-Day Moving Average 71.46
10-Day Moving Average 72.85
Average True Range 2.77
RSI (14) 60.78
ADX 24.45
+DI 29.29
-DI 17.03
Chandelier Exit (Long, 3 ATRs) 69.67
Chandelier Exit (Short, 3 ATRs) 69.97
Upper Bollinger Bands 78.51
Lower Bollinger Band 64.41
Percent B (%b) 0.74
BandWidth 19.74
MACD Line 1.33
MACD Signal Line 1.34
MACD Histogram -0.0123
Fundamentals Value
Market Cap 2.3 Billion
Num Shares 30.8 Million
EPS 2.04
Price-to-Earnings (P/E) Ratio 36.72
Price-to-Sales 2.15
Price-to-Book 3.36
PEG Ratio 5.29
Dividend 0.80
Dividend Yield 1.07%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 80.18
Resistance 3 (R3) 79.69 77.46 79.30
Resistance 2 (R2) 77.46 76.12 77.70 79.00
Resistance 1 (R1) 76.18 75.29 76.82 76.67 78.71
Pivot Point 73.95 73.95 74.27 74.19 73.95
Support 1 (S1) 72.67 72.61 73.31 73.16 71.11
Support 2 (S2) 70.44 71.78 70.68 70.82
Support 3 (S3) 69.16 70.44 70.52
Support 4 (S4) 69.65