Globus Medical Stock Momentum Indicators Stochastic

GMED Stock  USD 85.29  0.76  0.90%   
Globus Medical momentum indicators tool provides the execution environment for running the Stochastic indicator and other technical functions against Globus Medical. Globus Medical value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of momentum indicators indicators. As with most other technical indicators, the Stochastic indicator function is designed to identify and follow existing trends. Momentum indicators of Globus Medical are pattern recognition functions that provide distinct formation on Globus Medical potential trading signals or future price movement. Analysts can use these trading signals to identify current and future trends and trend reversals to provide buy and sell recommendations. Please specify the following input to run this model: Fast-K Period, Slow-K Period, Slow-K MA, Slow-D Period, and Slow-D MA.

The output start index for this execution was eight with a total number of output elements of fifty-three. The Stochastic indicator compares Globus Medical closing price to its price range over a given period of time.

Globus Medical Technical Analysis Modules

Most technical analysis of Globus Medical help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Globus from various momentum indicators to cycle indicators. When you analyze Globus charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Globus Medical Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Globus Medical. We use our internally-developed statistical techniques to arrive at the intrinsic value of Globus Medical based on widely used predictive technical indicators. In general, we focus on analyzing Globus Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Globus Medical's daily price indicators and compare them against related drivers, such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Globus Medical's intrinsic value. In addition to deriving basic predictive indicators for Globus Medical, we also check how macroeconomic factors affect Globus Medical price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2021 2022 2023 2024 (projected)
Days Sales Outstanding63.1177.55117.49123.36
PTB Ratio4.184.041.511.43
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Globus Medical's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
84.3986.0187.63
Details
Intrinsic
Valuation
LowRealHigh
79.6681.2893.82
Details
15 Analysts
Consensus
LowTargetHigh
61.2067.2574.65
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.730.740.80
Details

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Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
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When determining whether Globus Medical is a strong investment it is important to analyze Globus Medical's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Globus Medical's future performance. For an informed investment choice regarding Globus Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Globus Medical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
For information on how to trade Globus Stock refer to our How to Trade Globus Stock guide.
You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Globus Medical. If investors know Globus will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Globus Medical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
42.231
Earnings Share
0.62
Revenue Per Share
18.217
Quarterly Revenue Growth
0.631
Return On Assets
0.0473
The market value of Globus Medical is measured differently than its book value, which is the value of Globus that is recorded on the company's balance sheet. Investors also form their own opinion of Globus Medical's value that differs from its market value or its book value, called intrinsic value, which is Globus Medical's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Globus Medical's market value can be influenced by many factors that don't directly affect Globus Medical's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Globus Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Globus Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Globus Medical's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.