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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.

Open High Low MMSI Price Change
69.48 70.58 68.80 68.95 -0.47
Entry Signal

MarketClub’s Trade Triangles for MMSI

long term down The long-term trend has been DOWN since Jul 26th, 2023 at 72.51

intermediate term up The intermediate-term trend has been UP since Sep 18th, 2023 at 68.77

short term up 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).

Smart Scan Analysis for MMSI
Strong Downtrend Sideways 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 High66.34Year High Date2018-10-02
Year Low41.55Year Low Date2018-02-09
52wk High85.6252wk High Date2023-06-07
52wk Low54.6652wk Low Date2022-10-14
Year End Close13.9Average Volume390,923
Shares Outstanding57,635Short Interest603,737
% Institutional94.2Market Cap1,544M
P/E Ratio44.5Beta0.54
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