GLOBUS MEDICAL INC CLASS A stock forecast: down to 52.29 USD GMED stock price prognosis
Forecast for Fri 17 Nov 2023 price
GLOBUS MEDICAL INC CLASS A stock price forecast for further price development down to -9.15% (time horizon: 1 day) and price target of 52.29 USD. Positive news sentiment. Short-term (time horizon: 2 weeks) GLOBUS MEDICAL INC CLASS A share price prediction for 2023-11-17 with daily closed price projections
News <--> Close correlation for next day influence (-0.28)
Earnings per share
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Summerized Form 10-K with GPT-2
4Table of Contents Continue to expand into international markets. We began marketing these products in 2018 and intend to grow our presence in this field. We believe our approach to product development is unique and highly efficient. All of our U.S. independent distributors are compensated solely on commission. Payor medical policies vary from payor to payor and contract to contract. We discuss below the statutes and regulations that are most relevant to our business. Some low risk devices are exempt from this requirement. These inspections may include our suppliers' facilities. As of December 31, 2020, this warning letter remains open. Additionally, the FDA and other regulatory authorities have broad enforcement powers. We are subject to risks associated with our non-U.S. operations. Our quarterly and annual operating results may fluctuate significantly. Furthermore, we cannot assure you that any of our patent applications will be approved.
Candlestick patterns can be used as additional information for price prediction. Following list show which pattern applies on latest price information.
Meta analyst score 60.76/100
Good financial position.
Historical view, profit is growing.
Company revenue is growing faster compared with the industry.
Stock price is above book price value.
Institutional ownership list is based on filling form information
Bollinger Bollinger Bands for GLOBUS MEDICAL INC CLASS A can provide the information where the market is moving based on price information.
GLOBUS MEDICAL INC CLASS A Short Volume Ratio is shown in the diagram. Short volume sales can be seen as an investor sentiment.
Converting prices to returns GLOBUS MEDICAL INC CLASS A.
On-Balance Volume information for GLOBUS MEDICAL INC CLASS A. On-Balance Volume information can be an indicator for bullish or bearish outcome.
Accumulation / Distribution (A/D) indicator information for GLOBUS MEDICAL INC CLASS A. The indicator identify divergences between price and volume flow.
Aroon Oscillator information for GLOBUS MEDICAL INC CLASS A. The trend-following indicator can show the strengh of a current trend and likelihood that trend can continue.
Average Directional Index (ADX) information for GLOBUS MEDICAL INC CLASS A. The index can be used to identify the strengh of a trend.
Moving Average Convergence Divergence (MACD) for GLOBUS MEDICAL INC CLASS A. The indicator helps to predict trend direction and the momentum of the trend.
Stochastic Oscillator as momentum indicator for GLOBUS MEDICAL INC CLASS A. The indicator is useful for identifying overbought and oversold levels.
Relative Strength Index (RSI) for GLOBUS MEDICAL INC CLASS A. RSI is a momentum oscillator that measures the speed and change of price development.
The momentum indicator was created by analyst Welles Wilder. The result compares recent gains and losses over restricted time period.
Primary usage of the indicator is to identify overbought or oversold signals.
When RSI indicator reaches a value of 70 it could mean that speculators should consider selling, suggests Wilder and Chong. Or vice versa when selling excess at which the RSI Indicators show a value of 30
Relative Strength Index for Developing Effective Trading Strategies in Constructing Optimal Portfolio
Heikin Ashi trading signals are generated based on the Heikin Ashi candles, which are a type of candlestick that smooths out the price action and can help to identify trends.
Heikin Ashi signals can be used to identify both long and short trading opportunities.
The awesome oscillator is a momentum indicator that measures the speed and strength of price movements. It is calculated by subtracting a 34-period simple moving average (SMA) from a 5-period SMA.
The Parabolic SAR indicator is a trend-following indicator that uses a series of dots to indicate when a trend is likely to reverse.
The Parabolic SAR is a lagging indicator, meaning that it does not predict reversals, but rather confirms them after they have already occurred.
The forecast (dashed curve) of the share price performance is based on historical data.
Our forecast model is based on mathematical, statistical methods.
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