Londinia Opportunities Analyses - 01/27/2023 (GMT) GLOBUS MEDICAL INC. CLASS A - 1H
- U.S. Stocks
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
78%
0%
22%
My opinion
Bullish above 74.66 USD
My targets
78.24 USD (+3.28%)
81.37 USD (+7.40%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on GLOBUS MEDICAL INC. CLASS A as long as the price remains well above 74.66 USD. The buyers' bullish objective is set at 78.24 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 81.37 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.6
Analysis too old. There are no more charts available.
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.
Additional analysis
Quotes
The GLOBUS MEDICAL INC. CLASS A rating is 75.76 USD. The price registered an increase of +0.77% on the session and was traded between 74.97 USD and 75.82 USD over the period. The price is currently at +1.05% from its lowest and -0.08% from its highest.74.97
75.82
75.76
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of GLOBUS MEDICAL INC. CLASS A indicates that the overall trend is strongly bullish. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, 14 technical indicators on 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:
Bearish doji star
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 73.79 | 74.66 | 75.51 | 75.76 | 81.37 |
| Change (%) | -2.60% | -1.45% | -0.33% | - | +7.40% |
| Change | -1.97 | -1.10 | -0.25 | - | +5.61 |
| Level | Minor | Minor | Major | - | Major |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 73.17 | 73.61 | 74.39 | 74.83 | 75.61 | 76.05 | 76.83 |
| Camarilla | 74.85 | 74.96 | 75.07 | 75.18 | 75.29 | 75.40 | 75.52 |
| Woodie | 73.35 | 73.70 | 74.57 | 74.92 | 75.79 | 76.14 | 77.01 |
| Fibonacci | 73.61 | 74.07 | 74.36 | 74.83 | 75.29 | 75.58 | 76.05 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 68.91 | 70.00 | 72.02 | 73.11 | 75.13 | 76.22 | 78.24 |
| Camarilla | 73.20 | 73.48 | 73.77 | 74.05 | 74.34 | 74.62 | 74.91 |
| Woodie | 69.39 | 70.23 | 72.50 | 73.34 | 75.61 | 76.45 | 78.72 |
| Fibonacci | 70.00 | 71.19 | 71.92 | 73.11 | 74.30 | 75.03 | 76.22 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 60.96 | 64.61 | 69.44 | 73.09 | 77.92 | 81.57 | 86.40 |
| Camarilla | 71.94 | 72.72 | 73.49 | 74.27 | 75.05 | 75.83 | 76.60 |
| Woodie | 61.55 | 64.91 | 70.03 | 73.39 | 78.51 | 81.87 | 86.99 |
| Fibonacci | 64.61 | 67.85 | 69.85 | 73.09 | 76.33 | 78.33 | 81.57 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 68.28 | |
| MACD (12,26,9): | 0.4900 | |
| Directional Movement: | 23.61 | |
| AROON (14): | 64.29 | |
| DEMA (21): | 75.48 | |
| Parabolic SAR (0,02-0,02-0,2): | 74.88 | |
| Elder Ray (13): | 0.59 | |
| Super Trend (3,10): | 74.50 | |
| Zig ZAG (10): | 75.77 | |
| VORTEX (21): | 1.1600 | |
| Stochastique (14,3,5): | 89.42 | |
| TEMA (21): | 75.71 | |
| Williams %R (14): | -2.81 | |
| Chande Momentum Oscillator (20): | 1.32 | |
| Repulse (5,40,3): | 0.7200 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0800 | |
| Courbe Coppock: | 4.68 |
| MA7: | 74.29 | |
| MA20: | 73.63 | |
| MA50: | 72.70 | |
| MA100: | 67.58 | |
| MAexp7: | 75.43 | |
| MAexp20: | 74.87 | |
| MAexp50: | 74.23 | |
| MAexp100: | 73.79 | |
| Price / MA7: | +1.98% | |
| Price / MA20: | +2.89% | |
| Price / MA50: | +4.21% | |
| Price / MA100: | +12.10% | |
| Price / MAexp7: | +0.44% | |
| Price / MAexp20: | +1.19% | |
| Price / MAexp50: | +2.06% | |
| Price / MAexp100: | +2.67% |
Quotes :
-
15 min delayed data
-
Actions NYSE
News
Don't forget to follow the news on GLOBUS MEDICAL INC. CLASS A. At the time of publication of this analysis, the latest news was as follows:
- Globus Medical, Inc. Class A to Host Earnings Call
- Globus Medical, Inc. Class A to Host Earnings Call
- Investor Network: Globus Medical, Inc. to Host Earnings Call
-
Globus Medical
- Globus Medical Reports Preliminary Fourth Quarter and Full Year Sales Results