Is CONMED Corp. technically bullish or bearish?

Jun 29 2025 11:46 AM IST
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As of June 27, 2025, CONMED Corp. is in a bearish trend with moderate strength, driven by bearish daily moving averages and monthly MACD, despite some mildly bullish signals from weekly indicators, and has significantly underperformed the S&P 500.
As of 27 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 daily moving averages, which are bearish, and the monthly MACD, which is also bearish. Additionally, both the weekly and monthly Bollinger Bands confirm a bearish outlook. While the weekly KST and MACD show mildly bullish signals, they are outweighed by the overall bearish trend in other indicators. The stock has underperformed significantly compared to the S&P 500 across multiple time frames, further supporting the bearish sentiment.
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