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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.

Open High Low MMSI Price Change
63.20 63.55 62.16 63.35 -0.23
Entry Signal

MarketClub’s Trade Triangles for MMSI

long term down The long-term trend has been DOWN since Jun 13th, 2022 at 55.720

intermediate term up The intermediate-term trend has been UP since Jul 25th, 2022 at 55.765

short term up 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).

Smart Scan Analysis for MMSI
Strong Downtrend Sideways 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 High66.34Year High Date2018-10-02
Year Low41.55Year Low Date2018-02-09
52wk High73.8552wk High Date2021-09-02
52wk Low50.4652wk Low Date2022-07-13
Year End Close13.9Average Volume425,946
Shares Outstanding56,764Short Interest603,737
% Institutional94.2Market Cap1,544M
P/E Ratio62.9505Beta0.54
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