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Stock Trend Analysis Report
Prepared for you on Saturday, April 20, 2024.
Merit Medical Systems, Inc. (NASDAQ:MMSI)
Long-Term Downtrend (-90) - MMSI is in a strong downtrend that is likely to continue. While MMSI is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid MMSI?
MarketClub looks at technical strength and momentum to determine if the timing is right for MMSI.
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 MMSI
The long-term trend has been DOWN since Apr 18th, 2024 at 70.86
The intermediate-term trend has been DOWN since Feb 29th, 2024 at 77.09
The short-term trend has been DOWN since Apr 16th, 2024 at 71.70
Smart Scan Analysis for MMSI
Based on our trend formula, MMSI is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 70.70 | 72.63 | 70.70 | 72.04 | +1.05 |
| Prev. Close | Volume | Bid | Ask | Time |
| 72.03 | 415173 | 2024-04-19 15:59:26 |
| Year High | 66.34 | Year High Date | 2018-10-02 |
| Year Low | 41.55 | Year Low Date | 2018-02-09 |
| 52wk High | 85.62 | 52wk High Date | 2023-06-07 |
| 52wk Low | 62.58 | 52wk Low Date | 2023-10-13 |
| Year End Close | 13.9 | Average Volume | 333,454 |
| Shares Outstanding | 57,930 | Short Interest | 603,737 |
| % Institutional | 94.2 | Market Cap | 1,544M |
| Assets | 232,524,400M | Liabilities | 112,324,400M |
| P/E Ratio | 43.821 | Beta | 0.54 |
| Volatility | 34.38 |