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CONMED Corporation

CNMD Technical Analysis Summary (NYSE)

Analyze CNMD on the NYSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

CNMD●NYSE
HealthcareMedical - Devices
$49.82
$0.34(0.69%)
U.S. Market opens in 2h 8m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

CNMD Technical Analysis Summary (NYSE)

CONMED Corporation (NYSE: CNMD) stock currently shows a bullish trend on the NYSE, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish (RSI: 66.14)
Trend Strength:Very Strong (ADX: 43.97)
Volatility:Medium (ATR: 2.18)
Support/Resistance:$39.51 – $53.24 (Bollinger Bands)

Technical conditions suggest CONMED Corporation on the NYSE is awaiting a decisive move. Technical conditions suggest CONMED Corporation is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 66.14

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 65.69

Bullish
Buying momentum building without extremes.

Williams %R: -35.49

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 16.61

Strongly Bullish
Strong upside momentum.

Takeaway:CONMED Corporation shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 2.96

Bullish
Bullish, trend momentum is strengthening.

ADX: 43.97

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 2.18

Medium
Medium volatility, healthy price movement.

CCI (14): 48.68

Bullish
Bullish, momentum building upward.

Takeaway:CONMED Corporation shows strong upward trend with solid momentum and healthy volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$53.24
Middle Band (SMA 20)
$46.37
Lower Band
$39.51
Current Position
Within Bands

Takeaway:CONMED Corporation trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$50.88
Middle Line (EMA 20)
$46.53
Lower Channel
$42.18
Squeeze Status
No Squeeze

Takeaway:CONMED Corporation trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume6.88M
Money Flow Index51.67Neutral, balanced money flows with no clear signal.
Relative Vigor Index56.14Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:CNMD shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of CONMED Corporation (NYSE: CNMD), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

Overall Recommendation:Technical indicators for CONMED Corporation are mixed, suggesting a Hold or wait-and-see approach.

(NYSE: CNMD) Technical Analysis FAQ