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Stock Trend Analysis Report
Prepared for you on Tuesday, August 16, 2022.
Merit Medical Systems, Inc. (NASDAQ:MMSI)
Bull Market Weakness (+75) - MMSI is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MMSI as it may be in the beginning stages of a reversal.
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 Jun 13th, 2022 at 55.720
The intermediate-term trend has been UP since Jul 25th, 2022 at 55.765
The short-term trend has been UP since Aug 8th, 2022 at 60.490
Smart Scan Analysis for MMSI
Based on our trend formula, MMSI is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 63.20 | 63.55 | 62.16 | 63.35 | -0.23 |
| Prev. Close | Volume | Bid | Ask | Time |
| 63.58 | 249368 | 2022-08-16 15:59:58 |
| Year High | 66.34 | Year High Date | 2018-10-02 |
| Year Low | 41.55 | Year Low Date | 2018-02-09 |
| 52wk High | 73.85 | 52wk High Date | 2021-09-02 |
| 52wk Low | 50.46 | 52wk Low Date | 2022-07-13 |
| Year End Close | 13.9 | Average Volume | 425,946 |
| Shares Outstanding | 56,764 | Short Interest | 603,737 |
| % Institutional | 94.2 | Market Cap | 1,544M |
| Assets | 163,151,900M | Liabilities | 558,212,000M |
| P/E Ratio | 62.9505 | Beta | 0.54 |
| Volatility | 34.38 |