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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Mersana Therapeutics, Inc. (NASDAQ:MRSN)
Strong Downtrend (-100) - MRSN is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, MRSN continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid MRSN?
MarketClub looks at technical strength and momentum to determine if the timing is right for MRSN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for MRSN
The long-term trend has been DOWN since May 9th, 2024 at 2.745
The intermediate-term trend has been DOWN since Mar 25th, 2024 at 4.550
The short-term trend has been DOWN since May 8th, 2024 at 3.420
Smart Scan Analysis for MRSN
Based on our trend formula, MRSN is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.490 | 3.500 | 2.570 | 2.655 | -0.745 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.400 | 2448955 | 2024-05-09 14:55:26 |
| Year High | 23.9565 | Year High Date | 2018-05-29 |
| Year Low | 5.07 | Year Low Date | 2018-11-20 |
| 52wk High | 9.62 | 52wk High Date | 2023-06-12 |
| 52wk Low | 0.8014 | 52wk Low Date | 2023-07-27 |
| Average Volume | 1,485,411 | Shares Outstanding | 121,303 |
| Market Cap | 99M | Assets | 226,060,000M |
| Liabilities | 189,156,000M | P/E Ratio | -2.90200000 |
| Volatility | 98.57 |