Is CONMED Corp. technically bullish or bearish?

Jun 25 2025 08:13 AM IST
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As of June 13, 2025, CONMED Corp. is in a bearish trend with moderate strength, driven by bearish signals from moving averages and Bollinger Bands, despite some mixed indicators like the MACD and KST showing mild bullishness on the weekly timeframe.
As of 13 June 2025, the technical trend for CONMED Corp. has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. Key indicators driving this assessment include the bearish signals from the daily moving averages and the Bollinger Bands on both weekly and monthly time frames. The MACD shows a mildly bullish signal on the weekly but remains bearish on the monthly, indicating mixed signals. The KST is mildly bullish weekly but bearish monthly, while the Dow Theory presents a mildly bearish outlook on the weekly and mildly bullish on the monthly. Overall, the combination of these indicators suggests a bearish sentiment in the current market environment.
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