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Stock Trend Analysis Report
Prepared for you on Sunday, October 1, 2023.
Merit Medical Systems, Inc. (NASDAQ:MMSI)
Crossroads (+60) - MMSI is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 Jul 26th, 2023 at 72.51
The intermediate-term trend has been UP since Sep 18th, 2023 at 68.77
The short-term trend has been UP since Sep 29th, 2023 at 70.06
Smart Scan Analysis for MMSI
Based on our trend formula, MMSI is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 69.48 | 70.58 | 68.80 | 68.95 | -0.47 |
| Prev. Close | Volume | Bid | Ask | Time |
| 69.02 | 274409 | 2023-09-29 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 | 85.62 | 52wk High Date | 2023-06-07 |
| 52wk Low | 54.66 | 52wk Low Date | 2022-10-14 |
| Year End Close | 13.9 | Average Volume | 390,923 |
| Shares Outstanding | 57,635 | Short Interest | 603,737 |
| % Institutional | 94.2 | Market Cap | 1,544M |
| Assets | 183,756,800M | Liabilities | 633,868,000M |
| P/E Ratio | 44.5 | Beta | 0.54 |
| Volatility | 34.38 |